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
| East Hanover Township | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 7.8% (±3.0 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 308 (±119) | 49,683 (±1,568) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 3,647 (±219) | 143,562 (±1,613) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.7 (±0.4) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 4.9% (±2.3 points) | 7.8% (±3.0 points) | +2.9 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| East Hanover Township | — | 7.8% (±3.0 points) | — |
| Troy Hills | 2.8 mi | 7.2% (±3.9 points) | Not measurably different |
| Roseland Borough | 2.8 mi | 17.7% (±6.1 points) | Higher |
| Whippany | 2.9 mi | 12.7% (±2.9 points) | Higher |
| Livingston Township | 2.9 mi | 11.1% (±2.1 points) | Not measurably different |
| Florham Park Borough | 3.3 mi | 30.2% (±5.0 points) | Higher |
| Hanover Township | 3.4 mi | 21.0% (±4.9 points) | Higher |
| Pine Brook | 3.7 mi | 35.3% (±10.4 points) | Higher |
| Parsippany | 4.0 mi | 51.6% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 28 | Roxbury Township | 11.8% (±2.7 points) |
| 29 | Jefferson Township | 10.9% (±3.0 points) |
| 30 | Long Hill Township | 10.3% (±4.1 points) |
| 31 | Mine Hill Township | 10.2% (±7.5 points) |
| 32 | Harding Township | 9.8% (±7.3 points) |
| 33 | Washington Township (Morris County) | 9.3% (±3.3 points) |
| 34 | East Hanover Township | 7.8% (±3.0 points) |
| 35 | Kinnelon Borough | 6.9% (±2.9 points) |
| 36 | Boonton Township | 4.9% (±3.8 points) |
| 37 | Mendham Township | 4.3% (±3.4 points) |
| 38 | Mountain Lakes Borough | 3.9% (±2.4 points) |
| 39 | Chester Township | 3.6% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — East Hanover township, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — East Hanover township, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — East Hanover township, Morris County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — East Hanover township, Morris County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — East Hanover township, Morris 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 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.
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 East Hanover Township at a glance
- Median rent in East Hanover Township
- Rent by bedrooms in East Hanover Township
- Income and affordability in East Hanover Township
- Home values in East Hanover Township
- Homeowner costs in East Hanover Township
- Property taxes in East Hanover Township
- Types of homes in East Hanover Township
- Bedrooms in East Hanover Township
- Age of homes in East Hanover Township
- Heating fuel in East Hanover Township
- Commute and cars in East Hanover Township
- Crime reported to police in East Hanover Township
- Population growth in East Hanover Township
- How long people stay in East Hanover Township
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey