What percentage of people rent in Florence Township, NJ?
17.8% (±3.6 points) of the occupied homes in Florence Township, NJ are rented (2020–2024 American Community Survey).
That is 869 renting households against 4,000 that own their home.
In Florence Township, the share of households that rent went from 21.6% in 2015–2019 to 17.8% in 2020–2024 (−3.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 17.8% (±3.6 points)
- Renting households
- 869 (±184)
- Median renter income
- $59,883 (±$8,993)
Who rents and who owns in Florence Township
| Florence Township | Burlington County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 17.8% (±3.6 points) | 23.9% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 869 (±184) | 42,298 (±1,437) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 4,000 (±404) | 134,924 (±1,361) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.8 (±0.6) | 2.2 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.7 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $59,883 (±$8,993) | $65,698 (±$3,821) | $62,674 (±$718) | $52,966 |
| Median owner household income | $114,375 (±$12,849) | $124,194 (±$2,574) | $133,477 (±$624) | $100,009 |
In Florence Township, the renter share is lower than in Burlington County (23.9%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Burlington County, Florence Township ranks 25 of 40 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 333 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Florence Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 21.6% (±3.0 points) | 17.8% (±3.6 points) | −3.8 percentage points | Not a measurable change |
| Median gross rent | $1,121 (±$76) | $1,407 (±$82) | +25.5% | No measurable change after inflation |
| Median household income | $84,897 (±$4,418) | $105,631 (±$9,549) | +24.4% | 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 Florence Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Florence Township | — | 17.8% (±3.6 points) | — |
| Tullytown | 3.4 mi | 42.8% (±7.3 points) | Higher |
| Bristol | 3.5 mi | 39.0% (±5.4 points) | Higher |
| Burlington Township | 3.5 mi | 23.0% (±4.4 points) | Not measurably different |
| Burlington | 3.7 mi | 38.1% (±4.0 points) | Higher |
| Fieldsboro Borough | 4.0 mi | 15.9% (±12.1 points) | Not measurably different |
| Mansfield Township (Burlington County) | 4.0 mi | 4.2% (±2.6 points) | Lower |
| Bristol Township | 4.7 mi | 27.6% (±2.6 points) | Higher |
| Levittown | 5.3 mi | 12.8% (±2.6 points) | Lower |
Nearby places with a measurably lower figure: Mansfield Township (Burlington County), NJ (4.2%), Levittown, PA (12.8%).
Nearby places with a measurably higher figure: Tullytown, PA (42.8%), Bristol, PA (39.0%), Burlington, NJ (38.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Burlington County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 19 | Riverton Borough | 23.2% (±6.8 points) |
| 20 (tie) | Burlington Township | 23.0% (±4.4 points) |
| 20 (tie) | Mount Laurel Township | 23.0% (±2.6 points) |
| 22 | Delanco Township | 22.0% (±7.1 points) |
| 23 | Washington Township (Burlington County) | 18.9% (±9.9 points) |
| 24 | Moorestown Township | 18.7% (±2.8 points) |
| 25 | Florence Township | 17.8% (±3.6 points) |
| 26 | Fieldsboro Borough | 15.9% (±12.1 points) |
| 27 | Willingboro Township | 15.7% (±2.5 points) |
| 28 | Cinnaminson Township | 15.4% (±2.9 points) |
| 29 | Bass River Township | 14.0% (±6.7 points) |
| 30 | Woodland Township | 13.2% (±8.5 points) |
| 31 | Medford Township | 11.8% (±2.4 points) |
Showing 13 of 40 places in Burlington County, ranked from highest to lowest.
The figures for Florence Township include the places inside it that have pages of their own: Florence, Roebling.
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 Florence Township
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Questions about Florence Township
How many renters are there in Florence Township?
Florence Township has an estimated 869 (±184) renting households, 17.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Florence Township?
In Florence Township, the share of households that rent went from 21.6% in 2015–2019 to 17.8% in 2020–2024 (−3.8 percentage points), not a measurable change.
How big are renting households in Florence Township?
A renting household in Florence Township has 2.8 people on average, against 2.6 in an owned home.
How much do renters earn in Florence Township?
The median renting household in Florence Township, NJ has an income of $59,883 (±$8,993) a year, against $114,375 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Florence township, Burlington County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Florence township, Burlington County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Florence township, Burlington County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Florence township, Burlington County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Florence township, Burlington 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 Florence township, Burlington County, New Jersey (county subdivision:23850, in state:34 county:005).
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 Florence Township at a glance
- Median rent in Florence Township
- Rent by bedrooms in Florence Township
- Rent burden in Florence Township
- Income and affordability in Florence Township
- Home values in Florence Township
- Homeowner costs in Florence Township
- Property taxes in Florence Township
- Types of homes in Florence Township
- Bedrooms in Florence Township
- Age of homes in Florence Township
- Heating fuel in Florence Township
- Commute and cars in Florence Township
- Crime reported to police in Florence Township
- Population growth in Florence Township
- How long people stay in Florence Township
- Crowding and facilities in Florence Township
- Fair Market Rent in Florence Township
- New Jersey landlord and tenant rules
- Housing across Burlington County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey