What percentage of people rent in Franklin Township (Warren County), NJ?

10.5% (±4.9 points) of the occupied homes in Franklin Township (Warren County), NJ are rented (2020–2024 American Community Survey).

That is 110 renting households against 939 that own their home.

In Franklin Township (Warren County), the share of households that rent went from 12.3% in 2015–2019 to 10.5% in 2020–2024 (−1.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
10.5% (±4.9 points)
Renting households
110 (±53)
Median renter income
$66,875 (±$34,038)

Who rents and who owns in Franklin Township (Warren County)

Tenure, estimate (90% margin of error)
Franklin Township (Warren County)Warren CountyNew JerseyUnited States
Renter-occupied share10.5% (±4.9 points)24.9% (±1.4 points)36.2% (±0.2 points)34.8%
Renting households110 (±53)11,319 (±655)1,268,573 (±8,082)45,017,354
Owning households939 (±77)34,072 (±704)2,239,128 (±10,678)84,210,142
Average renter household size2.1 (±0.6)2.0 (±0.1)2.4 (±0.0)2.3
Average owner household size2.9 (±0.2)2.5 (±0.0)2.8 (±0.0)2.6
Median renter household income$66,875 (±$34,038)$55,503 (±$4,839)$62,674 (±$718)$52,966
Median owner household income$136,314 (±$11,061)$115,726 (±$4,500)$133,477 (±$624)$100,009

In Franklin Township (Warren County), the renter share is lower than in Warren County (24.9%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Warren County, Franklin Township (Warren County) ranks 16 of 22 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 446 of 564.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Franklin Township (Warren County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent12.3% (±5.3 points)10.5% (±4.9 points)−1.8 percentage pointsNot a measurable change
Median gross rent$1,438 (±$540)$1,438 (±$354)0.0%No measurable change after inflation
Median household income$103,491 (±$13,045)$132,697 (±$14,409)+28.2%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 Franklin Township (Warren County)

Nearest places with a published estimate, compared with Franklin Township (Warren County)
PlaceDistanceHouseholds that rentCompared with this place
Franklin Township (Warren County)—10.5% (±4.9 points)—
Brass Castle3.8 mi0.0% (±6.1 points)Lower
Bethlehem Township3.9 mi5.0% (±4.7 points)Not measurably different
Bloomsbury Borough4.0 mi39.1% (±16.0 points)Higher
Greenwich Township (Warren County)4.1 mi3.2% (±2.2 points)Lower
Hampton Borough4.3 mi30.3% (±6.7 points)Higher
Harmony Township4.4 mi10.7% (±3.6 points)Not measurably different
Greenwich4.6 mi0.8% (±1.4 points)Lower
Washington Borough4.8 mi41.6% (±7.9 points)Higher

Nearby places with a measurably lower figure: Brass Castle, NJ (0.0%), Greenwich Township (Warren County), NJ (3.2%), Greenwich, NJ (0.8%).

Nearby places with a measurably higher figure: Bloomsbury Borough, NJ (39.1%), Hampton Borough, NJ (30.3%), Washington Borough, NJ (41.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Warren County, place by place

RankPlaceHouseholds that rent
10Allamuchy Township17.2% (±5.8 points)
11Hardwick Township12.7% (±5.4 points)
12Pohatcong Township12.4% (±5.5 points)
13 (tie)Hope Township12.0% (±7.1 points)
13 (tie)Knowlton Township12.0% (±5.2 points)
15Harmony Township10.7% (±3.6 points)
16Franklin Township (Warren County)10.5% (±4.9 points)
17Liberty Township10.0% (±4.5 points)
18Oxford Township8.9% (±4.7 points)
19Washington Township (Warren County)8.4% (±4.4 points)
20Frelinghuysen Township6.6% (±2.8 points)
21Blairstown Township4.9% (±3.1 points)
22Greenwich Township (Warren County)3.2% (±2.2 points)

Showing 13 of 22 places in Warren 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 Franklin Township (Warren County)

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Questions about Franklin Township (Warren County)

How many renters are there in Franklin Township (Warren County)?

Franklin Township (Warren County) has an estimated 110 (±53) renting households, 10.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Franklin Township (Warren County)?

In Franklin Township (Warren County), the share of households that rent went from 12.3% in 2015–2019 to 10.5% in 2020–2024 (−1.8 percentage points), not a measurable change.

How big are renting households in Franklin Township (Warren County)?

A renting household in Franklin Township (Warren County) has 2.1 people on average, against 2.9 in an owned home.

How much do renters earn in Franklin Township (Warren County)?

The median renting household in Franklin Township (Warren County), NJ has an income of $66,875 (±$34,038) a year, against $136,314 for households that own their home.

Sources

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, Warren County, New Jersey (county subdivision:24960, in state:34 county:041).

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.

Request a Census API 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 .

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