How many renters in Chatham Borough, NJ pay more than 30% of their income on rent?
41.3% (±14.3 points) of renting households in Chatham Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
35.7% spend 35% or more.
The median renting household spends 22.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 41.3% (±14.3 points)
- Paying 35% or more
- 35.7% (±13.3 points)
- Median share of income
- 22.2% (±9.0 points)
Rent as a share of income in Chatham Borough
| Share of income spent on rent | Chatham Borough | Morris County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 19.7% (±10.5 points) | 12.5% | 12.2% | 12.6% |
| 15% to 19.9% | 26.7% (±10.9 points) | 13.6% | 12.3% | 12.2% |
| 20% to 24.9% | 8.2% (±6.9 points) | 16.7% | 12.6% | 12.6% |
| 25% to 29.9% | 4.2% (±4.6 points) | 11.9% | 11.4% | 11.5% |
| 30% to 34.9% | 5.6% (±5.2 points) | 6.8% | 8.9% | 9.2% |
| 35% or more | 35.7% (±13.3 points) | 38.4% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Chatham Borough against Morris County, its state and the nation
| Chatham Borough | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 41.3% (±14.3 points) | 45.2% (±2.3 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 35.7% (±13.3 points) | 38.4% (±2.1 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 22.2% (±9.0 points) | 28.0% (±0.9 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $113,906 (±$43,638) | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median gross rent | $2,250 (±$139) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
In Chatham Borough, the share of renters paying 30% or more of income is not measurably different from Morris County (45.2%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Morris County, Chatham Borough ranks 28 of 39 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 432 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Chatham Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Chatham Borough | — | 41.3% (±14.3 points) | — |
| Summit | 2.0 mi | 45.0% (±10.2 points) | Not measurably different |
| Madison Borough | 2.1 mi | 53.1% (±8.9 points) | Not measurably different |
| Florham Park Borough | 2.5 mi | 43.8% (±12.6 points) | Not measurably different |
| Chatham Township | 3.0 mi | 62.1% (±17.4 points) | Not measurably different |
| Short Hills | 3.0 mi | 44.3% (±20.4 points) | Not measurably different |
| New Providence Borough | 3.1 mi | 37.7% (±11.6 points) | Not measurably different |
| Millburn Township | 3.3 mi | 52.1% (±12.4 points) | Not measurably different |
| Green Village | 3.4 mi | 78.6% (±23.8 points) | Higher |
Nearby places with a measurably higher figure: Green Village, NJ (78.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Morris County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 22 | Jefferson Township | 47.2% (±17.4 points) |
| 23 | Butler Borough | 46.7% (±12.4 points) |
| 24 | Morris Plains Borough | 45.7% (±16.6 points) |
| 25 | Florham Park Borough | 43.8% (±12.6 points) |
| 26 | Mount Olive Township | 43.2% (±7.6 points) |
| 27 | Morris Township | 42.0% (±11.8 points) |
| 28 | Chatham Borough | 41.3% (±14.3 points) |
| 29 | Rockaway Borough | 38.8% (±20.8 points) |
| 30 | Boonton Township | 38.6% (±45.3 points) |
| 31 | Rockaway Township | 37.6% (±12.5 points) |
| 32 | Morristown Town | 37.4% (±5.6 points) |
| 33 | Mendham Borough | 36.6% (±24.1 points) |
| 34 | Parsippany-Troy Hills Township | 34.6% (±4.8 points) |
Showing 13 of 39 places in Morris County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Chatham Borough
Are renters in Chatham Borough rent-burdened?
41.3% of renting households in Chatham Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Chatham Borough spend on rent?
The median renting household in Chatham Borough, NJ spends 22.2% (±9.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Chatham borough, Morris County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Chatham borough, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Chatham borough, Morris County, New Jersey
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 Chatham borough, Morris County, New Jersey (county subdivision:12100, in state:34 county:027).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 Chatham Borough at a glance
- Median rent in Chatham Borough
- Rent by bedrooms in Chatham Borough
- Renters and owners in Chatham Borough
- Income and affordability in Chatham Borough
- Home values in Chatham Borough
- Homeowner costs in Chatham Borough
- Property taxes in Chatham Borough
- Types of homes in Chatham Borough
- Bedrooms in Chatham Borough
- Age of homes in Chatham Borough
- Heating fuel in Chatham Borough
- Commute and cars in Chatham Borough
- Crime reported to police in Chatham Borough
- Population growth in Chatham Borough
- How long people stay in Chatham Borough
- Crowding and facilities in Chatham Borough
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey