What percentage of people rent in East Hanover Township, NJ?

7.8% (±3.0 points) of the occupied homes in East Hanover Township, NJ are rented (2020–2024 American Community Survey).

That is 308 renting households against 3,647 that own their home.

In East Hanover Township, the share of households that rent went from 4.9% in 2015–2019 to 7.8% in 2020–2024 (+2.9 percentage points), not a measurable change.

Figures last updated on .

Households that rent
7.8% (±3.0 points)
Renting households
308 (±119)
Median renter income
$120,357 (±$90,023)

Who rents and who owns in East Hanover Township

Tenure, estimate (90% margin of error)
East Hanover TownshipMorris CountyNew JerseyUnited States
Renter-occupied share7.8% (±3.0 points)25.7% (±0.8 points)36.2% (±0.2 points)34.8%
Renting households308 (±119)49,683 (±1,568)1,268,573 (±8,082)45,017,354
Owning households3,647 (±219)143,562 (±1,613)2,239,128 (±10,678)84,210,142
Average renter household size1.7 (±0.4)2.1 (±0.0)2.4 (±0.0)2.3
Average owner household size2.9 (±0.2)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$120,357 (±$90,023)$79,949 (±$4,109)$62,674 (±$718)$52,966
Median owner household income$154,571 (±$20,773)$165,144 (±$2,794)$133,477 (±$624)$100,009

In East Hanover Township, the renter share is lower than in Morris County (25.7%).

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

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

In Morris County, East Hanover Township ranks 34 of 39 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 493 of 564.

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

How renting in East Hanover Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent4.9% (±2.3 points)7.8% (±3.0 points)+2.9 percentage pointsNot a measurable change
Median gross rent$2,309 (±$375)$2,711 (±$392)+17.4%No measurable change after inflation
Median household income$136,016 (±$19,661)$149,583 (±$17,373)+10.0%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 East Hanover Township

Nearest places with a published estimate, compared with East Hanover Township
PlaceDistanceHouseholds that rentCompared with this place
East Hanover Township—7.8% (±3.0 points)—
Troy Hills2.8 mi7.2% (±3.9 points)Not measurably different
Roseland Borough2.8 mi17.7% (±6.1 points)Higher
Whippany2.9 mi12.7% (±2.9 points)Higher
Livingston Township2.9 mi11.1% (±2.1 points)Not measurably different
Florham Park Borough3.3 mi30.2% (±5.0 points)Higher
Hanover Township3.4 mi21.0% (±4.9 points)Higher
Pine Brook3.7 mi35.3% (±10.4 points)Higher
Parsippany4.0 mi51.6% (±3.2 points)Higher

Nearby places with a measurably higher figure: Roseland Borough, NJ (17.7%), Whippany, NJ (12.7%), Florham Park Borough, NJ (30.2%).

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

Households that rent across Morris County, place by place

RankPlaceHouseholds that rent
28Roxbury Township11.8% (±2.7 points)
29Jefferson Township10.9% (±3.0 points)
30Long Hill Township10.3% (±4.1 points)
31Mine Hill Township10.2% (±7.5 points)
32Harding Township9.8% (±7.3 points)
33Washington Township (Morris County)9.3% (±3.3 points)
34East Hanover Township7.8% (±3.0 points)
35Kinnelon Borough6.9% (±2.9 points)
36Boonton Township4.9% (±3.8 points)
37Mendham Township4.3% (±3.4 points)
38Mountain Lakes Borough3.9% (±2.4 points)
39Chester Township3.6% (±2.4 points)

Showing 12 of 39 places in Morris County, ranked from highest to lowest.

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 East Hanover Township

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Questions about East Hanover Township

How many renters are there in East Hanover Township?

East Hanover Township has an estimated 308 (±119) renting households, 7.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in East Hanover Township?

In East Hanover Township, the share of households that rent went from 4.9% in 2015–2019 to 7.8% in 2020–2024 (+2.9 percentage points), not a measurable change.

How big are renting households in East Hanover Township?

A renting household in East Hanover Township has 1.7 people on average, against 2.9 in an owned home.

How much do renters earn in East Hanover Township?

The median renting household in East Hanover Township, NJ has an income of $120,357 (±$90,023) a year, against $154,571 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 East Hanover township, Morris County, New Jersey (county subdivision:19210, in state:34 county:027).

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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