How many renters in Franklin Borough, NJ pay more than 30% of their income on rent?
42.2% (±16.7 points) of renting households in Franklin Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
34.9% spend 35% or more.
The median renting household spends 24.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 42.2% (±16.7 points)
- Paying 35% or more
- 34.9% (±15.2 points)
- Median share of income
- 24.7% (±11.2 points)
Rent as a share of income in Franklin Borough
| Share of income spent on rent | Franklin Borough | Sussex County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 15.6% (±9.0 points) | 12.6% | 12.2% | 12.6% |
| 15% to 19.9% | 25.3% (±24.4 points) | 17.1% | 12.3% | 12.2% |
| 20% to 24.9% | 9.7% (±6.1 points) | 7.8% | 12.6% | 12.6% |
| 25% to 29.9% | 7.2% (±4.3 points) | 7.6% | 11.4% | 11.5% |
| 30% to 34.9% | 7.3% (±6.8 points) | 8.9% | 8.9% | 9.2% |
| 35% or more | 34.9% (±15.2 points) | 46.0% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Franklin Borough against Sussex County, its state and the nation
| Franklin Borough | Sussex County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 42.2% (±16.7 points) | 54.9% (±4.9 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 34.9% (±15.2 points) | 46.0% (±4.1 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 24.7% (±11.2 points) | 32.8% (±2.3 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $62,423 (±$35,022) | $61,606 (±$4,703) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,381 (±$62) | $1,585 (±$67) | $1,720 (±$7) | $1,413 |
In Franklin Borough, the share of renters paying 30% or more of income is not measurably different from Sussex County (54.9%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Sussex County, Franklin Borough ranks 18 of 23 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 420 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Franklin Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Franklin Borough | — | 42.2% (±16.7 points) | — |
| Hardyston Township | 1.9 mi | 57.7% (±27.4 points) | Not measurably different |
| Ogdensburg Borough | 2.1 mi | 79.7% (±43.3 points) | Not measurably different |
| Hamburg Borough | 2.9 mi | 63.4% (±23.1 points) | Not measurably different |
| Lafayette Township | 4.3 mi | 44.4% (±46.0 points) | Not measurably different |
| Sparta Township | 4.4 mi | 61.1% (±13.7 points) | Not measurably different |
| Sussex Borough | 7.0 mi | 47.9% (±12.8 points) | Not measurably different |
| Vernon Center | 7.1 mi | 43.9% (±28.4 points) | Not measurably different |
| Oak Ridge | 7.2 mi | 48.4% (±23.3 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Sussex County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 12 | Vernon Township | 53.8% (±16.5 points) |
| 13 | Hampton Township | 52.6% (±22.4 points) |
| 14 | Hopatcong Borough | 48.8% (±14.7 points) |
| 15 | Sussex Borough | 47.9% (±12.8 points) |
| 16 | Lafayette Township | 44.4% (±46.0 points) |
| 17 | Byram Township | 44.0% (±31.9 points) |
| 18 | Franklin Borough | 42.2% (±16.7 points) |
| 19 | Green Township | 41.9% (±81.4 points) |
| 20 | Stillwater Township | 40.3% (±43.5 points) |
| 21 | Fredon Township | 39.0% (±64.9 points) |
| 22 | Branchville Borough | 22.5% (±34.4 points) |
| 23 | Sandyston Township | 12.5% (±75.5 points) |
Showing 12 of 23 places in Sussex County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Franklin Borough
Are renters in Franklin Borough rent-burdened?
42.2% of renting households in Franklin Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Franklin Borough spend on rent?
The median renting household in Franklin Borough, NJ spends 24.7% (±11.2 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin borough, Sussex County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Franklin borough, Sussex County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Franklin borough, Sussex County, New Jersey
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 Franklin borough, Sussex County, New Jersey (county subdivision:24930, in state:34 county:037).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 Franklin Borough at a glance
- Median rent in Franklin Borough
- Rent by bedrooms in Franklin Borough
- Renters and owners in Franklin Borough
- Income and affordability in Franklin Borough
- Home values in Franklin Borough
- Homeowner costs in Franklin Borough
- Property taxes in Franklin Borough
- Types of homes in Franklin Borough
- Bedrooms in Franklin Borough
- Age of homes in Franklin Borough
- Heating fuel in Franklin Borough
- Commute and cars in Franklin Borough
- Crime reported to police in Franklin Borough
- Population growth in Franklin Borough
- How long people stay in Franklin Borough
- New Jersey landlord and tenant rules
- Housing across Sussex County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey