What percentage of people rent in Cranbury Township, NJ?

14.5% (±5.2 points) of the occupied homes in Cranbury Township, NJ are rented (2020–2024 American Community Survey).

That is 190 renting households against 1,123 that own their home.

In Cranbury Township, the share of households that rent went from 13.9% in 2015–2019 to 14.5% in 2020–2024 (+0.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
14.5% (±5.2 points)
Renting households
190 (±69)
Median renter income
$61,167 (±$21,981)

Who rents and who owns in Cranbury Township

Tenure, estimate (90% margin of error)
Cranbury TownshipMiddlesex CountyNew JerseyUnited States
Renter-occupied share14.5% (±5.2 points)36.4% (±0.6 points)36.2% (±0.2 points)34.8%
Renting households190 (±69)111,894 (±2,016)1,268,573 (±8,082)45,017,354
Owning households1,123 (±108)195,888 (±2,110)2,239,128 (±10,678)84,210,142
Average renter household size2.4 (±0.7)2.5 (±0.0)2.4 (±0.0)2.3
Average owner household size3.1 (±0.2)2.9 (±0.0)2.8 (±0.0)2.6
Median renter household income$61,167 (±$21,981)$76,035 (±$2,019)$62,674 (±$718)$52,966
Median owner household income$250,000 or more$139,193 (±$2,081)$133,477 (±$624)$100,009

In Cranbury Township, the renter share is lower than in Middlesex County (36.4%).

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

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

In Middlesex County, Cranbury Township ranks 22 of 25 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 378 of 564.

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

How renting in Cranbury Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent13.9% (±5.5 points)14.5% (±5.2 points)+0.6 percentage pointsNot a measurable change
Median gross rent$1,661 (±$262)$1,603 (±$152)−3.5%Down after inflation
Median household income$168,194 (±$33,326)$216,691 (±$38,482)+28.8%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 Cranbury Township

Nearest places with a published estimate, compared with Cranbury Township
PlaceDistanceHouseholds that rentCompared with this place
Cranbury Township—14.5% (±5.2 points)—
Princeton Meadows2.8 mi62.4% (±5.1 points)Higher
Clearbrook2.9 mi8.8% (±6.0 points)Not measurably different
Stonebridge3.0 mi1.9% (±3.0 points)Lower
Rossmoor3.0 mi11.4% (±5.9 points)Not measurably different
Hightstown Borough3.1 mi27.6% (±7.2 points)Higher
The Ponds3.6 mi32.6% (±27.4 points)Not measurably different
Plainsboro Township3.6 mi52.3% (±3.7 points)Higher
Forsgate3.7 mi1.5% (±2.5 points)Lower

Nearby places with a measurably lower figure: Stonebridge, NJ (1.9%), Forsgate, NJ (1.5%).

Nearby places with a measurably higher figure: Princeton Meadows, NJ (62.4%), Hightstown Borough, NJ (27.6%), Plainsboro Township, NJ (52.3%).

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

Households that rent across Middlesex County, place by place

RankPlaceHouseholds that rent
16Jamesburg Borough28.0% (±8.3 points)
17Middlesex Borough26.1% (±4.7 points)
18Metuchen Borough25.4% (±3.2 points)
19South Brunswick Township23.1% (±2.3 points)
20East Brunswick Township20.0% (±2.3 points)
21Milltown Borough17.6% (±9.4 points)
22Cranbury Township14.5% (±5.2 points)
23South Plainfield Borough14.1% (±2.3 points)
24Spotswood Borough13.8% (±4.6 points)
25Monroe Township (Middlesex County)8.9% (±1.9 points)

Showing 10 of 25 places in Middlesex County, ranked from highest to lowest.

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

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 Cranbury Township

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Questions about Cranbury Township

How many renters are there in Cranbury Township?

Cranbury Township has an estimated 190 (±69) renting households, 14.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Cranbury Township?

In Cranbury Township, the share of households that rent went from 13.9% in 2015–2019 to 14.5% in 2020–2024 (+0.6 percentage points), not a measurable change.

How big are renting households in Cranbury Township?

A renting household in Cranbury Township has 2.4 people on average, against 3.1 in an owned home.

How much do renters earn in Cranbury Township?

The median renting household in Cranbury Township, NJ has an income of $61,167 (±$21,981) a year, against $250,000 or more 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 Cranbury township, Middlesex County, New Jersey (county subdivision:15550, in state:34 county:023).

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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