What percentage of people rent in Cherry Hill Township, NJ?
23.5% (±2.4 points) of the occupied homes in Cherry Hill Township, NJ are rented (2020–2024 American Community Survey).
That is 6,934 renting households against 22,532 that own their home.
In Cherry Hill Township, the share of households that rent went from 21.9% in 2015–2019 to 23.5% in 2020–2024 (+1.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 23.5% (±2.4 points)
- Renting households
- 6,934 (±742)
- Median renter income
- $75,921 (±$6,841)
Who rents and who owns in Cherry Hill Township
| Cherry Hill Township | Camden County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 23.5% (±2.4 points) | 35.3% (±0.9 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 6,934 (±742) | 71,508 (±1,921) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 22,532 (±799) | 131,032 (±1,932) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.0 (±0.1) | 2.2 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.1) | 2.8 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $75,921 (±$6,841) | $49,624 (±$2,002) | $62,674 (±$718) | $52,966 |
| Median owner household income | $142,807 (±$4,626) | $115,063 (±$1,837) | $133,477 (±$624) | $100,009 |
In Cherry Hill Township, the renter share is lower than in Camden County (35.3%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Camden County, Cherry Hill Township ranks 27 of 36 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 262 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Cherry Hill Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 21.9% (±1.7 points) | 23.5% (±2.4 points) | +1.6 percentage points | Not a measurable change |
| Median gross rent | $1,420 (±$61) | $1,882 (±$158) | +32.5% | No measurable change after inflation |
| Median household income | $105,022 (±$6,385) | $121,502 (±$5,462) | +15.7% | 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 Cherry Hill Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cherry Hill Township | — | 23.5% (±2.4 points) | — |
| Haddonfield Borough | 2.1 mi | 16.8% (±3.0 points) | Lower |
| Tavistock Borough | 2.6 mi | 0.0% (±100.0 points) | Not measurably different |
| Ramblewood | 3.0 mi | 27.5% (±5.3 points) | Not measurably different |
| Westmont | 3.0 mi | 34.6% (±5.3 points) | Higher |
| Lawnside Borough | 3.1 mi | 35.3% (±8.2 points) | Higher |
| Maple Shade Township | 3.3 mi | 51.0% (±3.4 points) | Higher |
| Haddon Township | 3.5 mi | 33.6% (±5.2 points) | Higher |
| Marlton | 3.6 mi | 44.3% (±4.9 points) | Higher |
Nearby places with a measurably lower figure: Haddonfield Borough, NJ (16.8%).
Nearby places with a measurably higher figure: Westmont, NJ (34.6%), Lawnside Borough, NJ (35.3%), Maple Shade Township, NJ (51.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Camden County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 21 | Berlin Borough | 29.4% (±6.2 points) |
| 22 | Somerdale Borough | 28.6% (±4.6 points) |
| 23 | Runnemede Borough | 27.5% (±4.7 points) |
| 24 | Gloucester Township | 27.0% (±2.3 points) |
| 25 | Pennsauken Township | 26.1% (±3.5 points) |
| 26 | Audubon Borough | 23.7% (±5.4 points) |
| 27 | Cherry Hill Township | 23.5% (±2.4 points) |
| 28 | Haddon Heights Borough | 22.3% (±4.6 points) |
| 29 | Laurel Springs Borough | 20.0% (±4.7 points) |
| 30 | Winslow Township | 18.5% (±3.1 points) |
| 31 | Brooklawn Borough | 18.4% (±6.4 points) |
| 32 | Haddonfield Borough | 16.8% (±3.0 points) |
| 33 | Waterford Township | 15.9% (±4.7 points) |
Showing 13 of 36 places in Camden County, ranked from highest to lowest.
The figures for Cherry Hill Township include the places inside it that have pages of their own: Ashland, Barclay, Cherry Hill Mall, Ellisburg, Golden Triangle, Greentree, Kingston Estates, Springdale.
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 Cherry Hill Township
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Questions about Cherry Hill Township
How many renters are there in Cherry Hill Township?
Cherry Hill Township has an estimated 6,934 (±742) renting households, 23.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Cherry Hill Township?
In Cherry Hill Township, the share of households that rent went from 21.9% in 2015–2019 to 23.5% in 2020–2024 (+1.6 percentage points), not a measurable change.
How big are renting households in Cherry Hill Township?
A renting household in Cherry Hill Township has 2.0 people on average, against 2.8 in an owned home.
How much do renters earn in Cherry Hill Township?
The median renting household in Cherry Hill Township, NJ has an income of $75,921 (±$6,841) a year, against $142,807 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cherry Hill township, Camden County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cherry Hill township, Camden County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cherry Hill township, Camden County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cherry Hill township, Camden County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cherry Hill township, Camden 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 Cherry Hill township, Camden County, New Jersey (county subdivision:12280, in state:34 county:007).
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 Cherry Hill Township at a glance
- Median rent in Cherry Hill Township
- Rent by bedrooms in Cherry Hill Township
- Rent burden in Cherry Hill Township
- Income and affordability in Cherry Hill Township
- Home values in Cherry Hill Township
- Homeowner costs in Cherry Hill Township
- Property taxes in Cherry Hill Township
- Types of homes in Cherry Hill Township
- Bedrooms in Cherry Hill Township
- Age of homes in Cherry Hill Township
- Vacancy rate in Cherry Hill Township
- Heating fuel in Cherry Hill Township
- Commute and cars in Cherry Hill Township
- Crime reported to police in Cherry Hill Township
- Population growth in Cherry Hill Township
- How long people stay in Cherry Hill Township
- Crowding and facilities in Cherry Hill Township
- Fair Market Rent in Cherry Hill Township
- Local landlord and tenant rules in Cherry Hill Township
- New Jersey landlord and tenant rules
- Housing across Camden County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey