What percentage of people rent in Chatham Township, NJ?

15.9% (±4.1 points) of the occupied homes in Chatham Township, NJ are rented (2020–2024 American Community Survey).

That is 632 renting households against 3,334 that own their home.

In Chatham Township, the share of households that rent went from 13.3% in 2015–2019 to 15.9% in 2020–2024 (+2.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
15.9% (±4.1 points)
Renting households
632 (±166)
Median renter income
$82,976 (±$30,200)

Who rents and who owns in Chatham Township

Tenure, estimate (90% margin of error)
Chatham TownshipMorris CountyNew JerseyUnited States
Renter-occupied share15.9% (±4.1 points)25.7% (±0.8 points)36.2% (±0.2 points)34.8%
Renting households632 (±166)49,683 (±1,568)1,268,573 (±8,082)45,017,354
Owning households3,334 (±212)143,562 (±1,613)2,239,128 (±10,678)84,210,142
Average renter household size1.8 (±0.3)2.1 (±0.0)2.4 (±0.0)2.3
Average owner household size3.0 (±0.1)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$82,976 (±$30,200)$79,949 (±$4,109)$62,674 (±$718)$52,966
Median owner household income$240,976 (±$34,489)$165,144 (±$2,794)$133,477 (±$624)$100,009

In Chatham Township, the renter share is lower than in Morris County (25.7%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Morris County, Chatham Township ranks 23 of 39 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 361 of 564.

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

How renting in Chatham Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent13.3% (±3.7 points)15.9% (±4.1 points)+2.6 percentage pointsNot a measurable change
Median gross rent$2,204 (±$128)$2,769 (±$144)+25.6%No measurable change after inflation
Median household income$189,297 (±$30,747)$198,913 (±$36,502)+5.1%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 Chatham Township

Nearest places with a published estimate, compared with Chatham Township
PlaceDistanceHouseholds that rentCompared with this place
Chatham Township—15.9% (±4.1 points)—
Gillette2.2 mi5.6% (±7.7 points)Lower
New Providence Borough2.3 mi24.2% (±3.0 points)Higher
Madison Borough2.6 mi36.2% (±3.6 points)Higher
Chatham Borough3.0 mi17.5% (±3.7 points)Not measurably different
Berkeley Heights Township3.3 mi6.7% (±2.9 points)Lower
Harding Township3.4 mi9.8% (±7.3 points)Not measurably different
Summit3.8 mi31.7% (±4.4 points)Higher
Long Hill Township4.0 mi10.3% (±4.1 points)Not measurably different

Nearby places with a measurably lower figure: Gillette, NJ (5.6%), Berkeley Heights Township, NJ (6.7%).

Nearby places with a measurably higher figure: New Providence Borough, NJ (24.2%), Madison Borough, NJ (36.2%), Summit, NJ (31.7%).

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
17Hanover Township21.0% (±4.9 points)
18Chester Borough20.9% (±6.7 points)
19Lincoln Park Borough20.8% (±5.4 points)
20Rockaway Township18.1% (±3.3 points)
21Chatham Borough17.5% (±3.7 points)
22Pequannock Township17.0% (±3.5 points)
23Chatham Township15.9% (±4.1 points)
24 (tie)Mendham Borough14.1% (±4.7 points)
24 (tie)Morris Township14.1% (±2.4 points)
26 (tie)Denville Township12.3% (±3.7 points)
26 (tie)Montville Township12.3% (±3.2 points)
28Roxbury Township11.8% (±2.7 points)
29Jefferson Township10.9% (±3.0 points)

Showing 13 of 39 places in Morris County, ranked from highest to lowest.

The figures for Chatham Township include the places inside it that have pages of their own: Green Village.

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 Chatham Township

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Questions about Chatham Township

How many renters are there in Chatham Township?

Chatham Township has an estimated 632 (±166) renting households, 15.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Chatham Township?

In Chatham Township, the share of households that rent went from 13.3% in 2015–2019 to 15.9% in 2020–2024 (+2.6 percentage points), not a measurable change.

How big are renting households in Chatham Township?

A renting household in Chatham Township has 1.8 people on average, against 3.0 in an owned home.

How much do renters earn in Chatham Township?

The median renting household in Chatham Township, NJ has an income of $82,976 (±$30,200) a year, against $240,976 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 Chatham township, Morris County, New Jersey (county subdivision:12130, in state:34 county:027).

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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