What is the median household income in Dennis Township, NJ?
The median household income in Dennis Township, NJ is $105,506 (±$10,569) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,578 a month would take about $63,100 a year at the common guideline of spending no more than 30% of income on rent.
In Dennis Township, the median household income went from $76,875 in 2015–2019 to $105,506 in 2020–2024 (+37.2%).
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
- $105,506 (±$10,569)
- Median renter income
- $74,964 (±$41,204)
- Income to afford median rent
- about $63,100
Income in Dennis Township against Cape May County, its state and the nation
| Dennis Township | Cape May County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $105,506 (±$10,569) | $91,128 (±$3,274) | $103,556 (±$513) | $80,734 |
| Median renter household income | $74,964 (±$41,204) | $50,917 (±$6,072) | $62,674 (±$718) | $52,966 |
| Median owner household income | $107,168 (±$14,662) | $101,937 (±$3,864) | $133,477 (±$624) | $100,009 |
| Median gross rent | $1,578 (±$308) | $1,360 (±$96) | $1,720 (±$7) | $1,413 |
In Dennis Township, median household income is higher than in Cape May County ($91,128).
It is not measurably different from New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Cape May County, Dennis Township ranks 5 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 314 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 Dennis 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 $1,578 a month ($18,936 a year) needs an income of about $63,100 a year.
The median renting household in Dennis Township earns $74,964 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 | $76,875 (±$8,589) | $105,506 (±$10,569) | +37.2% | No measurable change after inflation |
| Median gross rent | $1,212 (±$481) | $1,578 (±$308) | +30.2% | No measurable change after inflation |
| Median home value | $260,600 (±$13,829) | $360,400 (±$17,497) | +38.3% | Up 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 Dennis Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Dennis Township | — | $105,506 (±$10,569) | — |
| Woodbine Borough | 1.6 mi | $46,078 (±$6,823) | Lower |
| Seaville | 5.5 mi | $139,444 (±$33,057) | Not measurably different |
| Upper Township | 6.1 mi | $111,991 (±$7,943) | Not measurably different |
| Sea Isle City | 7.3 mi | $108,359 (±$14,443) | Not measurably different |
| Palermo | 7.3 mi | $101,005 (±$11,902) | Not measurably different |
| Middle Township | 7.9 mi | $83,508 (±$8,276) | Lower |
| Maurice River Township | 8.5 mi | $76,964 (±$25,850) | Lower |
| Cape May Court House | 8.8 mi | $74,464 (±$9,903) | Lower |
Nearby places with a measurably lower figure: Woodbine Borough, NJ ($46,078), Middle Township, NJ ($83,508), Maurice River Township, NJ ($76,964).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cape May County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Stone Harbor Borough | $169,167 (±$72,024) |
| 2 | Avalon Borough | $139,167 (±$16,144) |
| 3 | Upper Township | $111,991 (±$7,943) |
| 4 | Sea Isle City | $108,359 (±$14,443) |
| 5 | Dennis Township | $105,506 (±$10,569) |
| 6 | Ocean City | $101,782 (±$11,565) |
| 7 | West Cape May Borough | $91,250 (±$15,660) |
| 8 | North Wildwood | $90,833 (±$12,264) |
| 9 | Cape May Point Borough | $86,125 (±$9,413) |
| 10 | Lower Township | $84,962 (±$5,027) |
| 11 | Middle Township | $83,508 (±$8,276) |
Showing 11 of 16 places in Cape May County, ranked from highest to lowest.
The figures for Dennis Township include the places inside it that have pages of their own: South Dennis.
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 Dennis Township
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Questions about Dennis Township
What is the median household income in Dennis Township?
The median household income in Dennis Township is $105,506 (±$10,569) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Dennis Township?
About $63,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,578 a month.
Have incomes in Dennis Township kept up with inflation?
In Dennis Township, the median household income went from $76,875 in 2015–2019 to $105,506 in 2020–2024 (+37.2%).
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 Dennis Township?
The median renting household in Dennis Township, NJ earns $74,964 (±$41,204) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Dennis township, Cape May County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Dennis township, Cape May County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Dennis township, Cape May County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Dennis township, Cape May County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Dennis township, Cape May County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Dennis township, Cape May 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 Dennis township, Cape May County, New Jersey (county subdivision:17560, in state:34 county:009).
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 Dennis Township at a glance
- Median rent in Dennis Township
- Rent by bedrooms in Dennis Township
- Renters and owners in Dennis Township
- Home values in Dennis Township
- Homeowner costs in Dennis Township
- Property taxes in Dennis Township
- Types of homes in Dennis Township
- Bedrooms in Dennis Township
- Age of homes in Dennis Township
- Heating fuel in Dennis Township
- Commute and cars in Dennis Township
- Population growth in Dennis Township
- How long people stay in Dennis Township
- Crowding and facilities in Dennis Township
- New Jersey landlord and tenant rules
- Housing across Cape May County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey