What percentage of people rent in Fanwood Borough, NJ?
15.1% (±4.2 points) of the occupied homes in Fanwood Borough, NJ are rented (2020–2024 American Community Survey).
That is 427 renting households against 2,408 that own their home.
In Fanwood Borough, the share of households that rent went from 11.5% in 2015–2019 to 15.1% in 2020–2024 (+3.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 15.1% (±4.2 points)
- Renting households
- 427 (±115)
Who rents and who owns in Fanwood Borough
| Fanwood Borough | Union County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.1% (±4.2 points) | 42.6% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 427 (±115) | 86,672 (±1,707) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 2,408 (±189) | 116,605 (±1,743) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.0 (±0.4) | 2.6 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.9 (±0.2) | 3.0 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | — | $64,756 (±$2,190) | $62,674 (±$718) | $52,966 |
| Median owner household income | $204,023 (±$20,357) | $148,703 (±$3,139) | $133,477 (±$624) | $100,009 |
In Fanwood Borough, the renter share is lower than in Union County (42.6%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Union County, Fanwood Borough ranks 19 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 374 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Fanwood Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 11.5% (±5.3 points) | 15.1% (±4.2 points) | +3.6 percentage points | Not a measurable change |
| Median gross rent | $2,710 (±$502) | $2,446 (±$736) | −9.7% | No measurable change after inflation |
| Median household income | $147,905 (±$26,765) | $195,529 (±$40,950) | +32.2% | 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 Fanwood Borough
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Fanwood Borough | — | 15.1% (±4.2 points) | — |
| Scotch Plains Township | 0.9 mi | 21.0% (±3.2 points) | Higher |
| Westfield Town | 2.3 mi | 18.9% (±3.0 points) | Not measurably different |
| Plainfield | 2.4 mi | 55.2% (±2.5 points) | Higher |
| Watchung Borough | 2.7 mi | 15.9% (±6.7 points) | Not measurably different |
| Mountainside Borough | 3.0 mi | 12.1% (±8.3 points) | Not measurably different |
| Berkeley Heights Township | 3.1 mi | 6.7% (±2.9 points) | Lower |
| North Plainfield Borough | 3.2 mi | 46.7% (±4.8 points) | Higher |
| Garwood Borough | 3.3 mi | 45.6% (±8.3 points) | Higher |
Nearby places with a measurably lower figure: Berkeley Heights Township, NJ (6.7%).
Nearby places with a measurably higher figure: Scotch Plains Township, NJ (21.0%), Plainfield, NJ (55.2%), North Plainfield Borough, NJ (46.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Union County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 13 | Kenilworth Borough | 25.5% (±6.7 points) |
| 14 | New Providence Borough | 24.2% (±3.0 points) |
| 15 | Clark Township | 23.4% (±4.1 points) |
| 16 | Cranford Township | 22.5% (±4.1 points) |
| 17 | Scotch Plains Township | 21.0% (±3.2 points) |
| 18 | Westfield Town | 18.9% (±3.0 points) |
| 19 | Fanwood Borough | 15.1% (±4.2 points) |
| 20 | Mountainside Borough | 12.1% (±8.3 points) |
| 21 | Berkeley Heights Township | 6.7% (±2.9 points) |
Showing 9 of 21 places in Union 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 Fanwood Borough
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Questions about Fanwood Borough
How many renters are there in Fanwood Borough?
Fanwood Borough has an estimated 427 (±115) renting households, 15.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Fanwood Borough?
In Fanwood Borough, the share of households that rent went from 11.5% in 2015–2019 to 15.1% in 2020–2024 (+3.6 percentage points), not a measurable change.
How big are renting households in Fanwood Borough?
A renting household in Fanwood Borough has 2.0 people on average, against 2.9 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fanwood borough, Union County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fanwood borough, Union County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Fanwood borough, Union County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fanwood borough, Union County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fanwood borough, Union 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 Fanwood borough, Union County, New Jersey (county subdivision:22860, in state:34 county:039).
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 Fanwood Borough at a glance
- Median rent in Fanwood Borough
- Rent by bedrooms in Fanwood Borough
- Rent burden in Fanwood Borough
- Income and affordability in Fanwood Borough
- Home values in Fanwood Borough
- Homeowner costs in Fanwood Borough
- Property taxes in Fanwood Borough
- Types of homes in Fanwood Borough
- Bedrooms in Fanwood Borough
- Age of homes in Fanwood Borough
- Heating fuel in Fanwood Borough
- Commute and cars in Fanwood Borough
- Crime reported to police in Fanwood Borough
- Population growth in Fanwood Borough
- How long people stay in Fanwood Borough
- Crowding and facilities in Fanwood Borough
- New Jersey landlord and tenant rules
- Housing across Union County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey