What percentage of people rent in Strathmore, NJ?
12.6% (±4.0 points) of the occupied homes in Strathmore, NJ are rented (2020–2024 American Community Survey).
That is 324 renting households against 2,254 that own their home.
In Strathmore, the share of households that rent went from 6.9% in 2015–2019 to 12.6% in 2020–2024 (+5.7 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 12.6% (±4.0 points)
- Renting households
- 324 (±105)
- Median renter income
- $47,105 (±$38,631)
Who rents and who owns in Strathmore
| Strathmore | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 12.6% (±4.0 points) | 24.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 324 (±105) | 61,539 (±1,684) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 2,254 (±257) | 190,173 (±1,568) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.3 (±0.2) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.1) | 2.7 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $47,105 (±$38,631) | $62,592 (±$3,372) | $62,674 (±$718) | $52,966 |
| Median owner household income | $161,105 (±$8,927) | $151,807 (±$2,620) | $133,477 (±$624) | $100,009 |
In Strathmore, the renter share is lower than in Monmouth County (24.4%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Monmouth County, Strathmore ranks 8 of 20 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 149 of 252.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Strathmore has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 6.9% (±2.4 points) | 12.6% (±4.0 points) | +5.7 percentage points | Measurable increase |
| Median gross rent | $1,494 (±$223) | $1,592 (±$233) | +6.6% | No measurable change after inflation |
| Median household income | $131,056 (±$9,511) | $151,855 (±$12,203) | +15.9% | 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 Strathmore
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Strathmore | — | 12.6% (±4.0 points) | — |
| Matawan Borough | 1.0 mi | 48.1% (±5.5 points) | Higher |
| Morganville | 1.9 mi | 11.9% (±5.5 points) | Not measurably different |
| Keyport Borough | 2.4 mi | 49.8% (±7.5 points) | Higher |
| Cliffwood Beach | 2.9 mi | 6.8% (±4.8 points) | Not measurably different |
| Holmdel Township | 3.1 mi | 8.4% (±3.6 points) | Not measurably different |
| Hazlet Township | 3.2 mi | 11.1% (±2.4 points) | Not measurably different |
| Laurence Harbor | 3.7 mi | 14.1% (±6.4 points) | Not measurably different |
| Brownville | 3.8 mi | 10.4% (±6.0 points) | Not measurably different |
Nearby places with a measurably higher figure: Matawan Borough, NJ (48.1%), Keyport Borough, NJ (49.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Monmouth County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 2 | North Middletown | 25.2% (±7.2 points) |
| 3 | Port Monmouth | 22.6% (±12.6 points) |
| 4 | West Belmar | 18.0% (±8.8 points) |
| 5 | Leonardo | 16.1% (±7.9 points) |
| 6 | Wanamassa | 15.8% (±8.1 points) |
| 7 | Oakhurst | 14.6% (±8.4 points) |
| 8 (tie) | Strathmore | 12.6% (±4.0 points) |
| 8 (tie) | West Freehold | 12.6% (±3.7 points) |
| 10 | Morganville | 11.9% (±5.5 points) |
| 11 | Lincroft | 11.5% (±4.0 points) |
| 12 | Fairview | 7.5% (±5.0 points) |
| 13 (tie) | Belford | 7.3% (±5.5 points) |
| 13 (tie) | East Freehold | 7.3% (±4.5 points) |
Showing 13 of 20 places in Monmouth County, ranked from highest to lowest.
Strathmore is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Aberdeen Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Strathmore
How many renters are there in Strathmore?
Strathmore has an estimated 324 (±105) renting households, 12.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Strathmore?
In Strathmore, the share of households that rent went from 6.9% in 2015–2019 to 12.6% in 2020–2024 (+5.7 percentage points), a measurable increase.
How big are renting households in Strathmore?
A renting household in Strathmore has 1.3 people on average, against 2.8 in an owned home.
How much do renters earn in Strathmore?
The median renting household in Strathmore, NJ has an income of $47,105 (±$38,631) a year, against $161,105 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Strathmore CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Strathmore CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Strathmore CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Strathmore CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Strathmore CDP, 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 Strathmore CDP, New Jersey (place:71280, in state:34).
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
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- Median rent in Strathmore
- Rent burden in Strathmore
- Income and affordability in Strathmore
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- Homeowner costs in Strathmore
- Property taxes in Strathmore
- Types of homes in Strathmore
- Bedrooms in Strathmore
- Age of homes in Strathmore
- Heating fuel in Strathmore
- Commute and cars in Strathmore
- Population growth in Strathmore
- How long people stay in Strathmore
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey