What percentage of people rent in Edgewater Borough, NJ?
60.2% (±5.5 points) of the occupied homes in Edgewater Borough, NJ are rented (2020–2024 American Community Survey).
That is 4,348 renting households against 2,869 that own their home.
In Edgewater Borough, the share of households that rent went from 64.8% in 2015–2019 to 60.2% in 2020–2024 (−4.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 60.2% (±5.5 points)
- Renting households
- 4,348 (±454)
- Median renter income
- $102,008 (±$17,533)
Who rents and who owns in Edgewater Borough
| Edgewater Borough | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 60.2% (±5.5 points) | 34.7% (±0.7 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 4,348 (±454) | 123,102 (±2,634) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 2,869 (±453) | 232,025 (±2,535) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.9 (±0.2) | 2.3 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.2) | 2.9 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $102,008 (±$17,533) | $74,953 (±$1,923) | $62,674 (±$718) | $52,966 |
| Median owner household income | $193,264 (±$43,818) | $160,914 (±$2,251) | $133,477 (±$624) | $100,009 |
In Edgewater Borough, the renter share is higher than in Bergen County (34.7%).
It is also higher than in New Jersey (36.2%).
It is higher than the national figure (34.8%).
In Bergen County, Edgewater Borough ranks 7 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 40 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Edgewater Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 64.8% (±4.1 points) | 60.2% (±5.5 points) | −4.6 percentage points | Not a measurable change |
| Median gross rent | $2,506 (±$144) | $2,579 (±$176) | +2.9% | Down after inflation |
| Median household income | $127,221 (±$11,308) | $124,050 (±$8,202) | −2.5% | Down 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 Edgewater Borough
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Edgewater Borough | — | 60.2% (±5.5 points) | — |
| Cliffside Park Borough | 0.8 mi | 48.6% (±4.7 points) | Lower |
| Fairview Borough | 1.5 mi | 66.8% (±6.1 points) | Not measurably different |
| Fort Lee Borough | 1.8 mi | 44.6% (±2.8 points) | Lower |
| Palisades Park Borough | 2.0 mi | 64.5% (±4.2 points) | Not measurably different |
| Ridgefield Borough | 2.2 mi | 48.6% (±6.3 points) | Lower |
| Guttenberg Town | 2.7 mi | 60.0% (±5.9 points) | Not measurably different |
| Leonia Borough | 2.8 mi | 30.1% (±4.6 points) | Lower |
| Ridgefield Park Village | 3.2 mi | 39.9% (±5.1 points) | Lower |
Nearby places with a measurably lower figure: Cliffside Park Borough, NJ (48.6%), Fort Lee Borough, NJ (44.6%), Ridgefield Borough, NJ (48.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Bergen County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Teterboro Borough | 100.0% (±55.9 points) |
| 2 | Fairview Borough | 66.8% (±6.1 points) |
| 3 | East Rutherford Borough | 64.6% (±7.0 points) |
| 4 | Palisades Park Borough | 64.5% (±4.2 points) |
| 5 | Hackensack | 63.4% (±2.7 points) |
| 6 | Wallington Borough | 62.5% (±5.9 points) |
| 7 | Edgewater Borough | 60.2% (±5.5 points) |
| 8 | Lodi Borough | 57.6% (±4.5 points) |
| 9 | North Arlington Borough | 55.6% (±5.5 points) |
| 10 | Garfield | 55.3% (±3.9 points) |
| 11 | Little Ferry Borough | 54.3% (±6.7 points) |
| 12 | South Hackensack Township | 49.7% (±10.4 points) |
| 13 (tie) | Cliffside Park Borough | 48.6% (±4.7 points) |
Showing 13 of 70 places in Bergen 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.
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Questions about Edgewater Borough
How many renters are there in Edgewater Borough?
Edgewater Borough has an estimated 4,348 (±454) renting households, 60.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Edgewater Borough?
In Edgewater Borough, the share of households that rent went from 64.8% in 2015–2019 to 60.2% in 2020–2024 (−4.6 percentage points), not a measurable change.
How big are renting households in Edgewater Borough?
A renting household in Edgewater Borough has 1.9 people on average, against 2.2 in an owned home.
How much do renters earn in Edgewater Borough?
The median renting household in Edgewater Borough, NJ has an income of $102,008 (±$17,533) a year, against $193,264 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Edgewater borough, Bergen 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 Edgewater borough, Bergen County, New Jersey (county subdivision:20020, in state:34 county:003).
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 Edgewater Borough at a glance
- Median rent in Edgewater Borough
- Rent by bedrooms in Edgewater Borough
- Rent burden in Edgewater Borough
- Income and affordability in Edgewater Borough
- Home values in Edgewater Borough
- Homeowner costs in Edgewater Borough
- Property taxes in Edgewater Borough
- Types of homes in Edgewater Borough
- Bedrooms in Edgewater Borough
- Age of homes in Edgewater Borough
- Vacancy rate in Edgewater Borough
- Heating fuel in Edgewater Borough
- Commute and cars in Edgewater Borough
- Crime reported to police in Edgewater Borough
- Population growth in Edgewater Borough
- How long people stay in Edgewater Borough
- Crowding and facilities in Edgewater Borough
- Fair Market Rent in Edgewater Borough
- Local landlord and tenant rules in Edgewater Borough
- New Jersey landlord and tenant rules
- Housing across Bergen County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey