What percentage of people rent in Cedar Grove Township, NJ?
15.8% (±3.1 points) of the occupied homes in Cedar Grove Township, NJ are rented (2020–2024 American Community Survey).
That is 786 renting households against 4,177 that own their home.
In Cedar Grove Township, the share of households that rent went from 20.0% in 2015–2019 to 15.8% in 2020–2024 (−4.2 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 15.8% (±3.1 points)
- Renting households
- 786 (±158)
- Median renter income
- $73,429 (±$13,311)
Who rents and who owns in Cedar Grove Township
| Cedar Grove Township | Essex County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.8% (±3.1 points) | 55.1% (±0.7 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 786 (±158) | 176,209 (±2,405) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 4,177 (±259) | 143,579 (±2,304) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.9 (±0.4) | 2.4 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.1) | 3.0 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $73,429 (±$13,311) | $51,273 (±$1,337) | $62,674 (±$718) | $52,966 |
| Median owner household income | $172,699 (±$25,211) | $148,058 (±$3,829) | $133,477 (±$624) | $100,009 |
In Cedar Grove Township, the renter share is lower than in Essex County (55.1%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Essex County, Cedar Grove Township ranks 17 of 22 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 363 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Cedar Grove Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 20.0% (±2.8 points) | 15.8% (±3.1 points) | −4.2 percentage points | Measurable decrease |
| Median gross rent | $1,540 (±$114) | $1,896 (±$302) | +23.1% | No measurable change after inflation |
| Median household income | $123,768 (±$9,875) | $151,263 (±$17,925) | +22.2% | 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 Cedar Grove Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cedar Grove Township | — | 15.8% (±3.1 points) | — |
| Little Falls Township | 1.4 mi | 28.8% (±4.8 points) | Higher |
| Great Notch | 1.4 mi | 22.7% (±6.5 points) | Not measurably different |
| North Caldwell Borough | 1.6 mi | 2.1% (±1.9 points) | Lower |
| Upper Montclair | 1.8 mi | 14.2% (±3.6 points) | Not measurably different |
| Verona Township | 1.9 mi | 20.7% (±3.4 points) | Higher |
| Singac | 2.0 mi | 23.8% (±10.5 points) | Not measurably different |
| Montclair Township | 2.5 mi | 43.1% (±2.6 points) | Higher |
| Caldwell Borough | 2.8 mi | 58.1% (±6.3 points) | Higher |
Nearby places with a measurably lower figure: North Caldwell Borough, NJ (2.1%).
Nearby places with a measurably higher figure: Little Falls Township, NJ (28.8%), Verona Township, NJ (20.7%), Montclair Township, NJ (43.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Essex County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 11 | Nutley Township | 29.7% (±3.4 points) |
| 12 | Maplewood Township | 25.1% (±3.3 points) |
| 13 | Fairfield Township (Essex County) | 21.3% (±9.3 points) |
| 14 | Verona Township | 20.7% (±3.4 points) |
| 15 | Millburn Township | 18.7% (±2.6 points) |
| 16 | Roseland Borough | 17.7% (±6.1 points) |
| 17 | Cedar Grove Township | 15.8% (±3.1 points) |
| 18 | West Caldwell Township | 14.2% (±3.7 points) |
| 19 | Livingston Township | 11.1% (±2.1 points) |
| 20 | Glen Ridge Borough | 8.9% (±3.8 points) |
| 21 | Essex Fells Borough | 3.6% (±2.4 points) |
| 22 | North Caldwell Borough | 2.1% (±1.9 points) |
Showing 12 of 22 places in Essex 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 Cedar Grove Township
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Questions about Cedar Grove Township
How many renters are there in Cedar Grove Township?
Cedar Grove Township has an estimated 786 (±158) renting households, 15.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Cedar Grove Township?
In Cedar Grove Township, the share of households that rent went from 20.0% in 2015–2019 to 15.8% in 2020–2024 (−4.2 percentage points), a measurable decrease.
How big are renting households in Cedar Grove Township?
A renting household in Cedar Grove Township has 1.9 people on average, against 2.7 in an owned home.
How much do renters earn in Cedar Grove Township?
The median renting household in Cedar Grove Township, NJ has an income of $73,429 (±$13,311) a year, against $172,699 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cedar Grove township, Essex County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cedar Grove township, Essex County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cedar Grove township, Essex County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cedar Grove township, Essex County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cedar Grove township, Essex 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 Cedar Grove township, Essex County, New Jersey (county subdivision:11200, in state:34 county:013).
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 Cedar Grove Township at a glance
- Median rent in Cedar Grove Township
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- Rent burden in Cedar Grove Township
- Income and affordability in Cedar Grove Township
- Home values in Cedar Grove Township
- Homeowner costs in Cedar Grove Township
- Property taxes in Cedar Grove Township
- Types of homes in Cedar Grove Township
- Bedrooms in Cedar Grove Township
- Age of homes in Cedar Grove Township
- Heating fuel in Cedar Grove Township
- Commute and cars in Cedar Grove Township
- Crime reported to police in Cedar Grove Township
- Population growth in Cedar Grove Township
- How long people stay in Cedar Grove Township
- Crowding and facilities in Cedar Grove Township
- Local landlord and tenant rules in Cedar Grove Township
- New Jersey landlord and tenant rules
- Housing across Essex County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey