What percentage of people rent in Finderne, NJ?
40.3% (±8.8 points) of the occupied homes in Finderne, NJ are rented (2020–2024 American Community Survey).
That is 1,081 renting households against 1,603 that own their home.
In Finderne, the share of households that rent went from 47.7% in 2015–2019 to 40.3% in 2020–2024 (−7.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 40.3% (±8.8 points)
- Renting households
- 1,081 (±254)
- Median renter income
- $86,083 (±$40,600)
Who rents and who owns in Finderne
| Finderne | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 40.3% (±8.8 points) | 25.7% (±0.9 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 1,081 (±254) | 33,615 (±1,269) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 1,603 (±296) | 97,187 (±1,176) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 2.4 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.4) | 2.8 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $86,083 (±$40,600) | $82,470 (±$5,113) | $62,674 (±$718) | $52,966 |
| Median owner household income | $133,557 (±$14,281) | $170,007 (±$3,672) | $133,477 (±$624) | $100,009 |
In Finderne, the renter share is higher than in Somerset County (25.7%).
It is not measurably different from New Jersey (36.2%).
It is not measurably different from the national figure (34.8%).
In Somerset County, Finderne ranks 4 of 24 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 35 of 252.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Finderne has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 47.7% (±7.3 points) | 40.3% (±8.8 points) | −7.4 percentage points | Not a measurable change |
| Median gross rent | $1,574 (±$132) | $2,114 (±$141) | +34.3% | No measurable change after inflation |
| Median household income | $82,383 (±$16,218) | $118,064 (±$15,335) | +43.3% | 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 Finderne
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Finderne | — | 40.3% (±8.8 points) | — |
| Manville Borough | 1.6 mi | 23.0% (±4.8 points) | Lower |
| Somerville Borough | 1.9 mi | 57.0% (±4.4 points) | Higher |
| Bound Brook Borough | 2.0 mi | 55.2% (±5.0 points) | Higher |
| South Bound Brook Borough | 2.5 mi | 42.1% (±7.3 points) | Not measurably different |
| Franklin Center | 2.7 mi | 25.5% (±6.1 points) | Lower |
| Weston | 2.7 mi | 1.7% (±2.9 points) | Lower |
| Martinsville | 2.9 mi | 4.0% (±2.4 points) | Lower |
| Green Knoll | 3.7 mi | 21.2% (±5.8 points) | Lower |
Nearby places with a measurably lower figure: Manville Borough, NJ (23.0%), Franklin Center, NJ (25.5%), Weston, NJ (1.7%).
Nearby places with a measurably higher figure: Somerville Borough, NJ (57.0%), Bound Brook Borough, NJ (55.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Somerset County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | East Franklin | 51.7% (±8.4 points) |
| 2 | Voorhees | 50.8% (±17.1 points) |
| 3 | Franklin Park | 44.3% (±6.0 points) |
| 4 | Finderne | 40.3% (±8.8 points) |
| 5 | Belle Mead | 36.2% (±8.5 points) |
| 6 | Kingston | 34.2% (±15.2 points) |
| 7 | Liberty Corner | 31.7% (±12.1 points) |
| 8 | Six Mile Run | 31.4% (±9.9 points) |
| 9 | Neshanic Station | 27.9% (±9.4 points) |
| 10 | Bedminster | 27.7% (±10.7 points) |
Showing 10 of 24 places in Somerset County, ranked from highest to lowest.
Finderne is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Bridgewater Township, whose figures include it.
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 Finderne
How many renters are there in Finderne?
Finderne has an estimated 1,081 (±254) renting households, 40.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Finderne?
In Finderne, the share of households that rent went from 47.7% in 2015–2019 to 40.3% in 2020–2024 (−7.4 percentage points), not a measurable change.
How big are renting households in Finderne?
A renting household in Finderne has 1.9 people on average, against 2.6 in an owned home.
How much do renters earn in Finderne?
The median renting household in Finderne, NJ has an income of $86,083 (±$40,600) a year, against $133,557 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Finderne CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Finderne CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Finderne CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Finderne CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Finderne CDP, 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 Finderne CDP, New Jersey (place:23310, in state:34).
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
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- Rent burden in Finderne
- Income and affordability in Finderne
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- Property taxes in Finderne
- Types of homes in Finderne
- Bedrooms in Finderne
- Age of homes in Finderne
- Heating fuel in Finderne
- Commute and cars in Finderne
- Population growth in Finderne
- How long people stay in Finderne
- Crowding and facilities in Finderne
- New Jersey landlord and tenant rules
- Housing across Somerset County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey