How many renters in Franklin Township (Somerset County), NJ pay more than 30% of their income on rent?
43.7% (±6.4 points) of renting households in Franklin Township (Somerset County), NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
35.3% spend 35% or more.
The median renting household spends 27.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 43.7% (±6.4 points)
- Paying 35% or more
- 35.3% (±5.6 points)
- Median share of income
- 27.7% (±1.8 points)
Rent as a share of income in Franklin Township (Somerset County)
| Share of income spent on rent | Franklin Township (Somerset County) | Somerset County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 14.4% (±4.3 points) | 11.5% | 12.2% | 12.6% |
| 15% to 19.9% | 15.3% (±4.0 points) | 13.3% | 12.3% | 12.2% |
| 20% to 24.9% | 13.0% (±3.5 points) | 13.7% | 12.6% | 12.6% |
| 25% to 29.9% | 13.6% (±4.5 points) | 12.5% | 11.4% | 11.5% |
| 30% to 34.9% | 8.4% (±3.1 points) | 8.5% | 8.9% | 9.2% |
| 35% or more | 35.3% (±5.6 points) | 40.5% | 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 Township (Somerset County) against Somerset County, its state and the nation
| Franklin Township (Somerset County) | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 43.7% (±6.4 points) | 49.0% (±3.0 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 35.3% (±5.6 points) | 40.5% (±2.6 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 27.7% (±1.8 points) | 29.6% (±1.0 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $94,602 (±$11,686) | $82,470 (±$5,113) | $62,674 (±$718) | $52,966 |
| Median gross rent | $2,115 (±$94) | $2,033 (±$52) | $1,720 (±$7) | $1,413 |
In Franklin Township (Somerset County), the share of renters paying 30% or more of income is not measurably different from Somerset County (49.0%).
It is also lower than in New Jersey (51.6%).
It is lower than the national figure (51.1%).
In Somerset County, Franklin Township (Somerset County) ranks 14 of 21 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 405 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 Township (Somerset County)
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Franklin Township (Somerset County) | — | 43.7% (±6.4 points) | — |
| Blackwells Mills | 2.5 mi | 49.3% (±56.8 points) | Not measurably different |
| Millstone Borough | 2.9 mi | 17.6% (±87.0 points) | Not measurably different |
| North Brunswick Township | 4.2 mi | 39.6% (±6.3 points) | Not measurably different |
| Kendall Park | 4.4 mi | 47.6% (±24.5 points) | Not measurably different |
| Manville Borough | 4.9 mi | 50.2% (±14.0 points) | Not measurably different |
| Rutgers University-Busch Campus | 5.3 mi | 52.2% (±84.0 points) | Not measurably different |
| Deans | 5.4 mi | 78.6% (±88.4 points) | Not measurably different |
| South Bound Brook Borough | 5.5 mi | 69.2% (±15.4 points) | Higher |
Nearby places with a measurably higher figure: South Bound Brook Borough, NJ (69.2%).
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 Somerset County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 8 | Bedminster Township | 50.5% (±12.4 points) |
| 9 | Manville Borough | 50.2% (±14.0 points) |
| 10 | Bridgewater Township | 49.2% (±9.2 points) |
| 11 | Hillsborough Township | 48.0% (±11.0 points) |
| 12 | Branchburg Township | 46.7% (±20.2 points) |
| 13 | Raritan Borough | 44.6% (±10.0 points) |
| 14 | Franklin Township (Somerset County) | 43.7% (±6.4 points) |
| 15 | Bernards Township | 43.5% (±12.5 points) |
| 16 | Somerville Borough | 41.9% (±9.1 points) |
| 17 | Warren Township | 41.1% (±24.0 points) |
| 18 | Bernardsville Borough | 40.4% (±38.7 points) |
| 19 | Green Brook Township | 38.3% (±53.2 points) |
| 20 | Rocky Hill Borough | 29.4% (±13.9 points) |
Showing 13 of 21 places in Somerset County, ranked from highest to lowest.
The figures for Franklin Township (Somerset County) include the places inside it that have pages of their own: East Franklin, Franklin Center, Franklin Park, Kingston, Middlebush, Six Mile Run, Somerset, Ten Mile Run, +2.
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 Township (Somerset County)
Are renters in Franklin Township (Somerset County) rent-burdened?
43.7% of renting households in Franklin Township (Somerset County) 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 Township (Somerset County) spend on rent?
The median renting household in Franklin Township (Somerset County), NJ spends 27.7% (±1.8 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Somerset County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Franklin township, Somerset County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Franklin township, Somerset 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 township, Somerset County, New Jersey (county subdivision:24900, in state:34 county:035).
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 .
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- Housing data for every place in New Jersey