What percentage of people rent in South Bound Brook Borough, NJ?
42.1% (±7.3 points) of the occupied homes in South Bound Brook Borough, NJ are rented (2020–2024 American Community Survey).
That is 750 renting households against 1,030 that own their home.
In South Bound Brook Borough, the share of households that rent went from 43.1% in 2015–2019 to 42.1% in 2020–2024 (−1.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 42.1% (±7.3 points)
- Renting households
- 750 (±128)
- Median renter income
- $56,667 (±$15,776)
Who rents and who owns in South Bound Brook Borough
| South Bound Brook Borough | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 42.1% (±7.3 points) | 25.7% (±0.9 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 750 (±128) | 33,615 (±1,269) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 1,030 (±211) | 97,187 (±1,176) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 3.1 (±0.6) | 2.4 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.2) | 2.8 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $56,667 (±$15,776) | $82,470 (±$5,113) | $62,674 (±$718) | $52,966 |
| Median owner household income | $119,797 (±$9,013) | $170,007 (±$3,672) | $133,477 (±$624) | $100,009 |
In South Bound Brook Borough, the renter share is higher than in Somerset County (25.7%).
It is not measurably different from New Jersey (36.2%).
It is not measurably different from the national figure (34.8%).
In Somerset County, South Bound Brook Borough ranks 5 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 111 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in South Bound Brook Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 43.1% (±6.4 points) | 42.1% (±7.3 points) | −1.0 percentage points | Not a measurable change |
| Median gross rent | $1,422 (±$147) | $1,778 (±$179) | +25.0% | No measurable change after inflation |
| Median household income | $85,223 (±$14,237) | $112,961 (±$14,229) | +32.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near South Bound Brook Borough
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| South Bound Brook Borough | — | 42.1% (±7.3 points) | — |
| Bound Brook Borough | 1.1 mi | 55.2% (±5.0 points) | Higher |
| Franklin Center | 1.7 mi | 25.5% (±6.1 points) | Lower |
| Middlesex Borough | 2.1 mi | 26.1% (±4.7 points) | Lower |
| Finderne | 2.5 mi | 40.3% (±8.8 points) | Not measurably different |
| Weston | 3.3 mi | 1.7% (±2.9 points) | Lower |
| Manville Borough | 3.4 mi | 23.0% (±4.8 points) | Lower |
| Somerset | 3.5 mi | 27.1% (±4.1 points) | Lower |
| Piscataway Township | 3.6 mi | 36.2% (±2.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Franklin Center, NJ (25.5%), Middlesex Borough, NJ (26.1%), Weston, NJ (1.7%).
Nearby places with a measurably higher figure: Bound Brook Borough, NJ (55.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Somerset County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Somerville Borough | 57.0% (±4.4 points) |
| 2 | Bound Brook Borough | 55.2% (±5.0 points) |
| 3 | Raritan Borough | 50.1% (±7.1 points) |
| 4 | North Plainfield Borough | 46.7% (±4.8 points) |
| 5 | South Bound Brook Borough | 42.1% (±7.3 points) |
| 6 | Franklin Township (Somerset County) | 30.7% (±2.4 points) |
| 7 | Rocky Hill Borough | 23.6% (±11.9 points) |
| 8 | Manville Borough | 23.0% (±4.8 points) |
| 9 | Bedminster Township | 21.1% (±3.9 points) |
| 10 | Hillsborough Township | 20.5% (±2.3 points) |
| 11 | Peapack and Gladstone Borough | 20.4% (±11.9 points) |
Showing 11 of 21 places in Somerset County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in South Bound Brook Borough
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near South Bound Brook Borough, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for South Bound Brook Borough beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near South Bound Brook Borough, and send estimates and invoices from your phone.
Questions about South Bound Brook Borough
How many renters are there in South Bound Brook Borough?
South Bound Brook Borough has an estimated 750 (±128) renting households, 42.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in South Bound Brook Borough?
In South Bound Brook Borough, the share of households that rent went from 43.1% in 2015–2019 to 42.1% in 2020–2024 (−1.0 percentage points), not a measurable change.
How big are renting households in South Bound Brook Borough?
A renting household in South Bound Brook Borough has 3.1 people on average, against 2.4 in an owned home.
How much do renters earn in South Bound Brook Borough?
The median renting household in South Bound Brook Borough, NJ has an income of $56,667 (±$15,776) a year, against $119,797 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Bound Brook borough, Somerset County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — South Bound Brook borough, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — South Bound Brook borough, Somerset County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Bound Brook borough, Somerset County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — South Bound Brook borough, Somerset County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for South Bound Brook borough, Somerset County, New Jersey (county subdivision:68730, in state:34 county:035).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in South Bound Brook Borough at a glance
- Median rent in South Bound Brook Borough
- Rent by bedrooms in South Bound Brook Borough
- Rent burden in South Bound Brook Borough
- Income and affordability in South Bound Brook Borough
- Home values in South Bound Brook Borough
- Homeowner costs in South Bound Brook Borough
- Property taxes in South Bound Brook Borough
- Types of homes in South Bound Brook Borough
- Bedrooms in South Bound Brook Borough
- Age of homes in South Bound Brook Borough
- Heating fuel in South Bound Brook Borough
- Commute and cars in South Bound Brook Borough
- Crime reported to police in South Bound Brook Borough
- Population growth in South Bound Brook Borough
- How long people stay in South Bound Brook Borough
- Crowding and facilities in South Bound Brook Borough
- New Jersey landlord and tenant rules
- Housing across Somerset County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey