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Rental Insights for ZIP Code 08232 (Pleasantville, NJ)

Housing Rentals in ZIP Code 08232 (Pleasantville, NJ)

08232 ZIP Code in New Jersey

Learn About Housing Rentals in ZIP Code 08232

ZIP Code 08232 is primarily located in Pleasantville, NJ in Atlantic County. This region of New Jersey has an estimated median housing rent of $1,014 per month. About 49.5% of housing units in this Atlantic County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of 3.4%.

The median rent in ZIP Code 08232 of $1,014 per month is 24% lower than the aggregate New Jersey median monthly rent of $1,334, and is 5% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 29.9% of renters in ZIP Code 08232 pay between $1,000 and $1,499 per month for housing. That is 23% lower than in New Jersey overall, in which 38.7% of total state residents pay between $1,000 and $1,499 per month for housing. Just 6.2% of renters in this Pleasantville, NJ region pay between $2,000 and $2,499 for monthly rent.

ZIP Code 08232 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 08232

See the chart below for a comparison of monthly rental costs in ZIP Code 08232, New Jersey, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 08232 along with those in the state of New Jersey and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 08232

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 08232 New Jersey U.S.
Less than $500 21.1% 8.0% 9.4%
$500 to $999 27.9% 16.0% 36.2%
$1,000 to $1,499 29.9% 38.7% 30.0%
$1,500 to $1,999 14.9% 22.0% 14.0%
$2,000 to $2,499 6.2% 8.5% 5.6%
$2,500 to $2,999 0.0% 3.6% 2.4%
$3,000 or more 0.0% 3.1% 2.4%

Rent Cost vs. Income in ZIP Code 08232

Renters in ZIP Code 08232 use an estimated 34.61% of their income to cover their monthly rent payments. That is about 14% higher than in New Jersey overall. The estimate for New Jersey overall is 30.35% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 08232 renters use about 16% more of their income to cover rent expense. Household income figures for ZIP Code 08232 come in lower than in New Jersey as a whole. The median annual household income in ZIP Code 08232 of $40,964 sits approximately 50% lower than the overall New Jersey median income of $82,545 and approximately 35% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 08232

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 08232, New Jersey, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 08232 along with the same calculations in the state of New Jersey and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 08232

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 08232 New Jersey U.S.
Less than 15.0 percent 5.0% 12.1% 13.1%
15.0 to 19.9 percent 7.7% 12.4% 12.9%
20.0 to 24.9 percent 5.9% 12.6% 12.9%
25.0 to 29.9 percent 10.1% 11.6% 11.6%
30.0 to 34.9 percent 16.0% 9.0% 9.1%
35.0 percent or more 55.2% 42.4% 40.5%

Household Income in ZIP Code 08232

See the table below for the regional comparison of annual household income in ZIP Code 08232.

Income ZIP 08232 New Jersey U.S.
Less than $10,000 6.9% 4.9% 6.0%
$10,000 to $14,999 10.4% 3.2% 4.3%
$15,000 to $24,999 16.4% 7.1% 8.9%
$25,000 to $34,999 8.6% 6.9% 8.9%
$35,000 to $49,999 17.7% 9.4% 12.3%
$50,000 to $74,999 15.2% 14.6% 17.2%
$75,000 to $99,999 7.0% 12.1% 12.7%
$100,000 to $149,999 13.8% 17.7% 15.1%
$150,000 to $199,999 2.6% 10.1% 6.8%
$200,000 or more 1.3% 14.0% 7.7%

Household Income in ZIP Code 08232

See the chart below for a comparison of annual household income figures in ZIP Code 08232, New Jersey, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 08232 alongside the same figures for the state of New Jersey and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 08232

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 08232.

ZIP 08232 New Jersey U.S.
Median Housing Rent $1,014 $1,334 $1,062
Renter-Occupied Housing Units 49.5% 36.1% 36.0%
Rental Vacancy Rate 3.4% 4.8% 6.0%
Average Size of Renter-Occupied Unit 2.85 2.50 2.49
Average # of Bedrooms Per Unit 2.6 2.75 2.75
Percent of Income Spent on Rent 34.61% 30.35% 29.83%
Per Capita Income $21,114 $42,745 $34,103
Median Household Income $61,413 $114,691 $88,607
Living Below the Poverty Line 22.2% 7.2% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 08232

In ZIP Code 08232 (Pleasantville, NJ), and estimated 49.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 3.4%.

The per capita income in 08232 is estimated at $21,114, which goes along with an estimated median household income of $61,413. About 22.2% of residents in this Atlantic County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.85 occupants, while the units have an aggregate average size of 2.6 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 34.61% of their income on housing rental costs.

Rental FAQs for ZIP Code 08232

1

What is the median monthly rent in ZIP Code 08232?

Median rent for housing in ZIP Code 08232 in Atlantic County in New Jersey is approximately $1,014 per month.
2

Is it expensive to rent in ZIP Code 08232?

Rent in ZIP Code 08232 is lower than average in the state of New Jersey overall. The median monthly rent of $1,014 in ZIP Code 08232 is approximately 24% lower than the New Jersey median of $1,334. Additionally, median rent in this Pleasantville, NJ region ($1,014) is about 5% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 08232?

High-priced rentals are not common in the Pleasantville, NJ ZIP Code of 08232, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of New Jersey overall, approximately 3.1% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 08232?

Affordable rentals are more common in ZIP Code 08232 than in New Jersey overall. The percentage of housing rentals in ZIP Code 08232 costing $999 or less per month (49%) is approximately 104% higher than the New Jersey rate of 24% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 7% lower than the previously mentioned 08232 rate of 49%.
5

What is the most common cost range that rentals fall into in ZIP Code 08232?

The most common range for rental cost in ZIP Code 08232 is between $1,000 and $1,499 per month. About 29.9% of renters in 08232 pay in this range for monthly rent. In comparison, approximately 38.7% of renters in the state of New Jersey fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 08232 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 08232 is lower than the rental vacancy rate in the state of New Jersey overall. Rental vacancy of 3.4% in ZIP Code 08232 is about 29% lower than the New Jersey rate of 4.8%. Looking more broadly, rental vacancy in this Pleasantville, NJ region (3.4%) is an estimated 43% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 08232? How does it compare to other New Jersey regions?

Median household income in ZIP Code 08232 is lower than in the state of New Jersey overall. Annual household income of $40,964 in ZIP Code 08232 is about 50% lower than the New Jersey median of $82,545. Additionally, median household income in this Pleasantville, NJ region ($40,964) is approximately 35% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 08232 spend on housing costs?

Renters in ZIP Code 08232 spend a higher amount of their income on rent costs than do renters in New Jersey overall. Renters in ZIP Code 08232 spend an estimated 34.61% of their income on rent payments, which is about 14% higher than the overall New Jersey estimated rate of 30.35%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 16% lower than the ZIP Code 08232 estimated rate of 34.61%.
9

Do renters in ZIP Code 08232 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 08232 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 08232 spending 30 percent or more of their income on rent costs (71.2%) is approximately 39% higher than the New Jersey rate of 51.4% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 44% lower than the aforementioned 08232 rate of 71.2%.
10

What is the average household size of renter-occupied units in ZIP Code 08232?

The average household size of renter-occupied units in ZIP Code 08232 is higher than in the state of New Jersey overall. Annual household size of 2.85 in ZIP Code 08232 is about 14% higher than the New Jersey median of 2.50. Additionally, median household size in this Pleasantville, NJ region (2.85) is approximately 14% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other New Jersey ZIP Codes