How many renters in Hopewell Borough, NJ pay more than 30% of their income on rent?
68.3% (±21.7 points) of renting households in Hopewell Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
65.9% spend 35% or more.
The median renting household spends 45.4% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 68.3% (±21.7 points)
- Paying 35% or more
- 65.9% (±21.3 points)
- Median share of income
- 45.4% (±6.1 points)
Rent as a share of income in Hopewell Borough
| Share of income spent on rent | Hopewell Borough | Mercer County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 6.5% (±8.2 points) | 12.6% | 12.2% | 12.6% |
| 15% to 19.9% | 21.8% (±19.0 points) | 14.0% | 12.3% | 12.2% |
| 20% to 24.9% | 3.5% (±5.5 points) | 11.3% | 12.6% | 12.6% |
| 25% to 29.9% | 0.0% (±23.0 points) | 12.0% | 11.4% | 11.5% |
| 30% to 34.9% | 2.4% (±4.2 points) | 8.7% | 8.9% | 9.2% |
| 35% or more | 65.9% (±21.3 points) | 41.3% | 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.
Hopewell Borough against Mercer County, its state and the nation
| Hopewell Borough | Mercer County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 68.3% (±21.7 points) | 50.0% (±2.6 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 65.9% (±21.3 points) | 41.3% (±2.3 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 45.4% (±6.1 points) | 30.0% (±1.1 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $58,405 (±$8,482) | $61,039 (±$3,997) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,856 (±$269) | $1,623 (±$34) | $1,720 (±$7) | $1,413 |
In Hopewell Borough, the share of renters paying 30% or more of income is not measurably different from Mercer County (50.0%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Mercer County, Hopewell Borough ranks 1 of 12 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 59 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 Hopewell Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Hopewell Borough | — | 68.3% (±21.7 points) | — |
| Hopewell Township (Mercer County) | 3.4 mi | 44.9% (±22.8 points) | Not measurably different |
| East Amwell Township | 4.4 mi | 43.4% (±25.4 points) | Not measurably different |
| Pennington Borough | 4.6 mi | 46.2% (±28.6 points) | Not measurably different |
| Montgomery Township | 5.2 mi | 54.4% (±13.2 points) | Not measurably different |
| Princeton | 5.5 mi | 36.0% (±6.1 points) | Lower |
| Lawrenceville | 6.1 mi | 65.2% (±26.0 points) | Not measurably different |
| West Amwell Township | 6.6 mi | 36.4% (±47.3 points) | Not measurably different |
| Rocky Hill Borough | 6.6 mi | 29.4% (±13.9 points) | Lower |
Nearby places with a measurably lower figure: Princeton, NJ (36.0%), Rocky Hill Borough, NJ (29.4%).
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 Mercer County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Hopewell Borough | 68.3% (±21.7 points) |
| 2 | Trenton | 58.4% (±4.8 points) |
| 3 | Robbinsville Township | 55.3% (±17.4 points) |
| 4 | Hamilton Township (Mercer County) | 51.7% (±6.2 points) |
| 5 | East Windsor Township | 49.0% (±9.6 points) |
| 6 | Ewing Township | 47.3% (±7.9 points) |
| 7 | Pennington Borough | 46.2% (±28.6 points) |
Showing 7 of 12 places in Mercer 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 Hopewell Borough
Are renters in Hopewell Borough rent-burdened?
68.3% of renting households in Hopewell 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 Hopewell Borough spend on rent?
The median renting household in Hopewell Borough, NJ spends 45.4% (±6.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hopewell borough, Mercer County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Hopewell borough, Mercer County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hopewell borough, Mercer 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 Hopewell borough, Mercer County, New Jersey (county subdivision:33150, in state:34 county:021).
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 Hopewell Borough at a glance
- Median rent in Hopewell Borough
- Renters and owners in Hopewell Borough
- Income and affordability in Hopewell Borough
- Home values in Hopewell Borough
- Homeowner costs in Hopewell Borough
- Property taxes in Hopewell Borough
- Types of homes in Hopewell Borough
- Bedrooms in Hopewell Borough
- Age of homes in Hopewell Borough
- Heating fuel in Hopewell Borough
- Commute and cars in Hopewell Borough
- Crime reported to police in Hopewell Borough
- Population growth in Hopewell Borough
- How long people stay in Hopewell Borough
- New Jersey landlord and tenant rules
- Housing across Mercer County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey