What is the median household income in Deerfield Township, NJ?
The median household income in Deerfield Township, NJ is $85,094 (±$13,089) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,542 a month would take about $61,700 a year at the common guideline of spending no more than 30% of income on rent.
In Deerfield Township, the median household income went from $64,324 in 2015–2019 to $85,094 in 2020–2024 (+32.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $85,094 (±$13,089)
- Median renter income
- $67,125 (±$22,171)
- Income to afford median rent
- about $61,700
Income in Deerfield Township against Cumberland County, its state and the nation
| Deerfield Township | Cumberland County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $85,094 (±$13,089) | $67,436 (±$1,985) | $103,556 (±$513) | $80,734 |
| Median renter household income | $67,125 (±$22,171) | $39,965 (±$5,780) | $62,674 (±$718) | $52,966 |
| Median owner household income | $88,194 (±$21,483) | $86,723 (±$3,528) | $133,477 (±$624) | $100,009 |
| Median gross rent | $1,542 (±$193) | $1,282 (±$38) | $1,720 (±$7) | $1,413 |
In Deerfield Township, median household income is higher than in Cumberland County ($67,436).
It is also lower than in New Jersey ($103,556).
It is not measurably different from the national figure ($80,734).
In Cumberland County, Deerfield Township ranks 4 of 14 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 452 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Deerfield Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,542 a month ($18,504 a year) needs an income of about $61,700 a year.
The median renting household in Deerfield Township earns $67,125 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $64,324 (±$8,411) | $85,094 (±$13,089) | +32.3% | No measurable change after inflation |
| Median gross rent | $1,173 (±$89) | $1,542 (±$193) | +31.5% | No measurable change after inflation |
| Median home value | $186,500 (±$15,893) | $244,200 (±$18,950) | +30.9% | 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.
Median household income in places near Deerfield Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Deerfield Township | — | $85,094 (±$13,089) | — |
| Gouldtown | 4.4 mi | $55,789 (±$6,637) | Lower |
| Upper Deerfield Township | 5.2 mi | $82,946 (±$10,952) | Not measurably different |
| Sunset Lake | 5.5 mi | $78,555 (±$36,848) | Not measurably different |
| Seabrook Farms | 5.5 mi | $46,541 (±$9,240) | Lower |
| Bridgeton | 5.6 mi | $55,781 (±$7,187) | Lower |
| Pittsgrove Township | 5.8 mi | $92,917 (±$16,929) | Not measurably different |
| Silver Lake (Cumberland County) | 5.8 mi | $111,139 (±$13,217) | Higher |
| Olivet | 6.0 mi | $128,849 (±$11,219) | Higher |
Nearby places with a measurably lower figure: Gouldtown, NJ ($55,789), Seabrook Farms, NJ ($46,541), Bridgeton, NJ ($55,781).
Nearby places with a measurably higher figure: Silver Lake (Cumberland County), NJ ($111,139), Olivet, NJ ($128,849).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cumberland County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Stow Creek Township | $105,139 (±$29,523) |
| 2 | Hopewell Township (Cumberland County) | $100,202 (±$30,088) |
| 3 | Lawrence Township (Cumberland County) | $85,515 (±$22,015) |
| 4 | Deerfield Township | $85,094 (±$13,089) |
| 5 | Greenwich Township (Cumberland County) | $83,125 (±$19,724) |
| 6 | Upper Deerfield Township | $82,946 (±$10,952) |
| 7 | Maurice River Township | $76,964 (±$25,850) |
| 8 | Shiloh Borough | $70,625 (±$27,234) |
| 9 | Millville | $70,275 (±$7,123) |
| 10 | Vineland | $67,860 (±$3,065) |
Showing 10 of 14 places in Cumberland County, ranked from highest to lowest.
The figures for Deerfield Township include the places inside it that have pages of their own: Rosenhayn.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Deerfield Township
What is the median household income in Deerfield Township?
The median household income in Deerfield Township is $85,094 (±$13,089) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Deerfield Township?
About $61,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,542 a month.
Have incomes in Deerfield Township kept up with inflation?
In Deerfield Township, the median household income went from $64,324 in 2015–2019 to $85,094 in 2020–2024 (+32.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Deerfield Township?
The median renting household in Deerfield Township, NJ earns $67,125 (±$22,171) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Deerfield township, Cumberland County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Deerfield township, Cumberland County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Deerfield township, Cumberland County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Deerfield township, Cumberland County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Deerfield township, Cumberland County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Deerfield township, Cumberland 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 Deerfield township, Cumberland County, New Jersey (county subdivision:16900, in state:34 county:011).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 Deerfield Township at a glance
- Median rent in Deerfield Township
- Renters and owners in Deerfield Township
- Home values in Deerfield Township
- Homeowner costs in Deerfield Township
- Property taxes in Deerfield Township
- Types of homes in Deerfield Township
- Bedrooms in Deerfield Township
- Age of homes in Deerfield Township
- Heating fuel in Deerfield Township
- Commute and cars in Deerfield Township
- Population growth in Deerfield Township
- New Jersey landlord and tenant rules
- Housing across Cumberland County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey