What percentage of people rent in Cedar Knolls, NJ?

41.1% (±12.4 points) of the occupied homes in Cedar Knolls, NJ are rented (2020–2024 American Community Survey).

That is 738 renting households against 1,056 that own their home.

Figures last updated on .

Households that rent
41.1% (±12.4 points)
Renting households
738 (±291)
Median renter income
$136,534 (±$63,364)

Who rents and who owns in Cedar Knolls

Tenure, estimate (90% margin of error)
Cedar KnollsMorris CountyNew JerseyUnited States
Renter-occupied share41.1% (±12.4 points)25.7% (±0.8 points)36.2% (±0.2 points)34.8%
Renting households738 (±291)49,683 (±1,568)1,268,573 (±8,082)45,017,354
Owning households1,056 (±197)143,562 (±1,613)2,239,128 (±10,678)84,210,142
Average renter household size2.2 (±0.5)2.1 (±0.0)2.4 (±0.0)2.3
Average owner household size3.0 (±0.4)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$136,534 (±$63,364)$79,949 (±$4,109)$62,674 (±$718)$52,966
Median owner household income$197,188 (±$77,751)$165,144 (±$2,794)$133,477 (±$624)$100,009

In Cedar Knolls, the renter share is higher than in Morris County (25.7%).

It is not measurably different from New Jersey (36.2%).

It is not measurably different from the national figure (34.8%).

In Morris County, Cedar Knolls ranks 4 of 27 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 31 of 252.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Households that rent in places near Cedar Knolls

Nearest places with a published estimate, compared with Cedar Knolls
PlaceDistanceHouseholds that rentCompared with this place
Cedar Knolls—41.1% (±12.4 points)—
Morris Plains Borough1.7 mi28.4% (±7.4 points)Not measurably different
Morristown Town1.9 mi63.3% (±3.4 points)Higher
Whippany1.9 mi12.7% (±2.9 points)Lower
Morris Township2.6 mi14.1% (±2.4 points)Lower
Parsippany-Troy Hills Township3.3 mi40.4% (±2.5 points)Not measurably different
Troy Hills3.8 mi7.2% (±3.9 points)Lower
Rainbow Lakes3.8 mi32.6% (±11.6 points)Not measurably different
Mount Tabor3.8 mi7.3% (±9.4 points)Lower

Nearby places with a measurably lower figure: Whippany, NJ (12.7%), Morris Township, NJ (14.1%), Troy Hills, NJ (7.2%).

Nearby places with a measurably higher figure: Morristown Town, NJ (63.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Morris County, place by place

RankPlaceHouseholds that rent
1Parsippany51.6% (±3.2 points)
2Green Village50.3% (±17.1 points)
3Lake Hiawatha41.5% (±6.7 points)
4Cedar Knolls41.1% (±12.4 points)
5Flanders40.9% (±5.3 points)
6Pine Brook35.3% (±10.4 points)
7Rainbow Lakes32.6% (±11.6 points)
8Budd Lake25.2% (±4.5 points)
9Pompton Plains18.8% (±4.3 points)
10Mount Hope16.9% (±9.0 points)

Showing 10 of 27 places in Morris County, ranked from highest to lowest.

Cedar Knolls is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Hanover 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 Cedar Knolls

How many renters are there in Cedar Knolls?

Cedar Knolls has an estimated 738 (±291) renting households, 41.1% of its occupied homes (2020–2024 American Community Survey).

How big are renting households in Cedar Knolls?

A renting household in Cedar Knolls has 2.2 people on average, against 3.0 in an owned home.

How much do renters earn in Cedar Knolls?

The median renting household in Cedar Knolls, NJ has an income of $136,534 (±$63,364) a year, against $197,188 for households that own their home.

Sources

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 Knolls CDP, New Jersey (place:11290, 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.

Request a Census API 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 .

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