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Contact: Robert Bernstein
Public Information Office
Homeowners in the Northern New Jersey metro area paid a median of $1,801 in monthly housing costs in 2009, compared with $1,078 for renters, according to data released today by the U.S. Census Bureau and Department of Housing and Urban Development. Renters, however, typically paid a higher percentage of their household income on housing costs than did owners (32 percent compared with 24 percent).
These figures come from the 2009 American Housing Survey (AHS), which provides extensive data on the quality and characteristics of the housing supply in selected metropolitan areas around the nation. Data for these areas are published on a rotating basis. In addition to Northern New Jersey, data were released today for the New York, Seattle, Philadelphia, Chicago, and Detroit metro areas.
The survey covers a variety of specific topics, such as presence of air-conditioning, satisfaction with home and neighborhood, housing costs, presence of amenities, problems with neighborhood, reasons for choosing home and neighborhood, cost of utilities and size of home.
“The AHS is the only source of data on many of these measures, and it is by far the most detailed source of data on the nation's housing stock,” said Tamara Cole, chief of the U.S. Census Bureau's American Housing Survey Branch. “Professionals in nearly every area of planning, decision-making and market research consult the survey, along with anyone who wants to know more about the nation's housing.”
Other highlights on occupied housing in the Northern New Jersey metro area include:
The U.S. Census Bureau conducts the American Housing Survey to update statistics for the Department of Housing and Urban Development.
Statistics from the AHS surveys are subject to sampling error and nonsampling error. All comparisons have been tested and found to be statistically significant at the 90 percent confidence level, unless otherwise noted.