What percentage of people rent in Bernards Township, NJ?
16.9% (±2.5 points) of the occupied homes in Bernards Township, NJ are rented (2020–2024 American Community Survey).
That is 1,763 renting households against 8,680 that own their home.
In Bernards Township, the share of households that rent went from 17.6% in 2015–2019 to 16.9% in 2020–2024 (−0.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 16.9% (±2.5 points)
- Renting households
- 1,763 (±259)
- Median renter income
- $95,982 (±$40,424)
Who rents and who owns in Bernards Township
| Bernards Township | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 16.9% (±2.5 points) | 25.7% (±0.9 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 1,763 (±259) | 33,615 (±1,269) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 8,680 (±406) | 97,187 (±1,176) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.0 (±0.3) | 2.4 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.1) | 2.8 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $95,982 (±$40,424) | $82,470 (±$5,113) | $62,674 (±$718) | $52,966 |
| Median owner household income | $217,097 (±$32,294) | $170,007 (±$3,672) | $133,477 (±$624) | $100,009 |
In Bernards Township, the renter share is lower than in Somerset County (25.7%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Somerset County, Bernards Township ranks 12 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 347 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Bernards Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 17.6% (±2.1 points) | 16.9% (±2.5 points) | −0.7 percentage points | Not a measurable change |
| Median gross rent | $1,938 (±$196) | $2,476 (±$212) | +27.8% | No measurable change after inflation |
| Median household income | $151,871 (±$6,713) | $194,107 (±$16,793) | +27.8% | 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 Bernards Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Bernards Township | — | 16.9% (±2.5 points) | — |
| Millington | 2.8 mi | 10.5% (±5.3 points) | Lower |
| Far Hills Borough | 3.0 mi | 12.9% (±5.3 points) | Not measurably different |
| The Hills | 3.3 mi | 17.0% (±3.4 points) | Not measurably different |
| Bernardsville Borough | 3.9 mi | 5.4% (±3.2 points) | Lower |
| Warren Township | 3.9 mi | 11.8% (±6.2 points) | Not measurably different |
| Long Hill Township | 4.0 mi | 10.3% (±4.1 points) | Lower |
| Stirling | 4.1 mi | 16.4% (±8.5 points) | Not measurably different |
| Bedminster | 4.9 mi | 27.7% (±10.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Millington, NJ (10.5%), Bernardsville Borough, NJ (5.4%), Long Hill Township, NJ (10.3%).
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 |
|---|---|---|
| 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) |
| 12 | Bernards Township | 16.9% (±2.5 points) |
| 13 | Branchburg Township | 16.8% (±3.9 points) |
| 14 | Watchung Borough | 15.9% (±6.7 points) |
| 15 | Montgomery Township | 15.4% (±2.8 points) |
| 16 | Bridgewater Township | 15.1% (±2.1 points) |
| 17 | Far Hills Borough | 12.9% (±5.3 points) |
| 18 | Warren Township | 11.8% (±6.2 points) |
Showing 13 of 21 places in Somerset County, ranked from highest to lowest.
The figures for Bernards Township include the places inside it that have pages of their own: Basking Ridge, Liberty Corner, Lyons.
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 Bernards Township
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Questions about Bernards Township
How many renters are there in Bernards Township?
Bernards Township has an estimated 1,763 (±259) renting households, 16.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Bernards Township?
In Bernards Township, the share of households that rent went from 17.6% in 2015–2019 to 16.9% in 2020–2024 (−0.7 percentage points), not a measurable change.
How big are renting households in Bernards Township?
A renting household in Bernards Township has 2.0 people on average, against 2.8 in an owned home.
How much do renters earn in Bernards Township?
The median renting household in Bernards Township, NJ has an income of $95,982 (±$40,424) a year, against $217,097 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bernards township, Somerset County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bernards township, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Bernards township, Somerset County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bernards township, Somerset County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bernards township, 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 Bernards township, Somerset County, New Jersey (county subdivision:05560, 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 Bernards Township at a glance
- Median rent in Bernards Township
- Rent by bedrooms in Bernards Township
- Rent burden in Bernards Township
- Income and affordability in Bernards Township
- Home values in Bernards Township
- Homeowner costs in Bernards Township
- Property taxes in Bernards Township
- Types of homes in Bernards Township
- Bedrooms in Bernards Township
- Age of homes in Bernards Township
- Vacancy rate in Bernards Township
- Heating fuel in Bernards Township
- Commute and cars in Bernards Township
- Crime reported to police in Bernards Township
- Population growth in Bernards Township
- How long people stay in Bernards Township
- Crowding and facilities in Bernards Township
- 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