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
| Cedar Knolls | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 41.1% (±12.4 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 738 (±291) | 49,683 (±1,568) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 1,056 (±197) | 143,562 (±1,613) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.2 (±0.5) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cedar Knolls | — | 41.1% (±12.4 points) | — |
| Morris Plains Borough | 1.7 mi | 28.4% (±7.4 points) | Not measurably different |
| Morristown Town | 1.9 mi | 63.3% (±3.4 points) | Higher |
| Whippany | 1.9 mi | 12.7% (±2.9 points) | Lower |
| Morris Township | 2.6 mi | 14.1% (±2.4 points) | Lower |
| Parsippany-Troy Hills Township | 3.3 mi | 40.4% (±2.5 points) | Not measurably different |
| Troy Hills | 3.8 mi | 7.2% (±3.9 points) | Lower |
| Rainbow Lakes | 3.8 mi | 32.6% (±11.6 points) | Not measurably different |
| Mount Tabor | 3.8 mi | 7.3% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Parsippany | 51.6% (±3.2 points) |
| 2 | Green Village | 50.3% (±17.1 points) |
| 3 | Lake Hiawatha | 41.5% (±6.7 points) |
| 4 | Cedar Knolls | 41.1% (±12.4 points) |
| 5 | Flanders | 40.9% (±5.3 points) |
| 6 | Pine Brook | 35.3% (±10.4 points) |
| 7 | Rainbow Lakes | 32.6% (±11.6 points) |
| 8 | Budd Lake | 25.2% (±4.5 points) |
| 9 | Pompton Plains | 18.8% (±4.3 points) |
| 10 | Mount Hope | 16.9% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cedar Knolls CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cedar Knolls CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cedar Knolls CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cedar Knolls CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cedar Knolls CDP, 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 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.
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 Knolls at a glance
- Median rent in Cedar Knolls
- Rent by bedrooms in Cedar Knolls
- Income and affordability in Cedar Knolls
- Home values in Cedar Knolls
- Homeowner costs in Cedar Knolls
- Property taxes in Cedar Knolls
- Types of homes in Cedar Knolls
- Bedrooms in Cedar Knolls
- Age of homes in Cedar Knolls
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- Commute and cars in Cedar Knolls
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey