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
| Cranbury Township | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 14.5% (±5.2 points) | 36.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 190 (±69) | 111,894 (±2,016) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 1,123 (±108) | 195,888 (±2,110) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.4 (±0.7) | 2.5 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 13.9% (±5.5 points) | 14.5% (±5.2 points) | +0.6 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cranbury Township | — | 14.5% (±5.2 points) | — |
| Princeton Meadows | 2.8 mi | 62.4% (±5.1 points) | Higher |
| Clearbrook | 2.9 mi | 8.8% (±6.0 points) | Not measurably different |
| Stonebridge | 3.0 mi | 1.9% (±3.0 points) | Lower |
| Rossmoor | 3.0 mi | 11.4% (±5.9 points) | Not measurably different |
| Hightstown Borough | 3.1 mi | 27.6% (±7.2 points) | Higher |
| The Ponds | 3.6 mi | 32.6% (±27.4 points) | Not measurably different |
| Plainsboro Township | 3.6 mi | 52.3% (±3.7 points) | Higher |
| Forsgate | 3.7 mi | 1.5% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 16 | Jamesburg Borough | 28.0% (±8.3 points) |
| 17 | Middlesex Borough | 26.1% (±4.7 points) |
| 18 | Metuchen Borough | 25.4% (±3.2 points) |
| 19 | South Brunswick Township | 23.1% (±2.3 points) |
| 20 | East Brunswick Township | 20.0% (±2.3 points) |
| 21 | Milltown Borough | 17.6% (±9.4 points) |
| 22 | Cranbury Township | 14.5% (±5.2 points) |
| 23 | South Plainfield Borough | 14.1% (±2.3 points) |
| 24 | Spotswood Borough | 13.8% (±4.6 points) |
| 25 | Monroe 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cranbury township, Middlesex County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cranbury township, Middlesex County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cranbury township, Middlesex County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cranbury township, Middlesex County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cranbury township, Middlesex 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 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.
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 Cranbury Township at a glance
- Median rent in Cranbury Township
- Income and affordability in Cranbury Township
- Home values in Cranbury Township
- Homeowner costs in Cranbury Township
- Property taxes in Cranbury Township
- Types of homes in Cranbury Township
- Bedrooms in Cranbury Township
- Age of homes in Cranbury Township
- Heating fuel in Cranbury Township
- Commute and cars in Cranbury Township
- Crime reported to police in Cranbury Township
- Population growth in Cranbury Township
- How long people stay in Cranbury Township
- New Jersey landlord and tenant rules
- Housing across Middlesex County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey