What percentage of people rent in Hopewell Borough, NJ?

Name: Renters and owners in Hopewell Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

23.6% (±7.4 points) of the occupied homes in Hopewell Borough, NJ are rented (2020–2024 American Community Survey).

That is 175 renting households against 568 that own their home.

In Hopewell Borough, the share of households that rent went from 24.9% in 2015–2019 to 23.6% in 2020–2024 (−1.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 23.6% (±7.4 points)
Renting households: 175 (±59)
Median renter income: $58,405 (±$8,482)

Who rents and who owns in Hopewell Borough

Tenure, estimate (90% margin of error)
	Hopewell Borough	Mercer County	New Jersey	United States
Renter-occupied share	23.6% (±7.4 points)	37.8% (±1.2 points)	36.2% (±0.2 points)	34.8%
Renting households	175 (±59)	54,545 (±1,760)	1,268,573 (±8,082)	45,017,354
Owning households	568 (±84)	89,569 (±1,662)	2,239,128 (±10,678)	84,210,142
Average renter household size	1.6 (±0.3)	2.3 (±0.1)	2.4 (±0.0)	2.3
Average owner household size	2.7 (±0.3)	2.7 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$58,405 (±$8,482)	$61,039 (±$3,997)	$62,674 (±$718)	$52,966
Median owner household income	$175,417 (±$29,948)	$131,963 (±$3,408)	$133,477 (±$624)	$100,009

In Hopewell Borough, the renter share is lower than in Mercer County (37.8%).

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

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

In Mercer County, Hopewell Borough ranks 9 of 12 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 259 of 564.

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

How renting in Hopewell Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	24.9% (±4.3 points)	23.6% (±7.4 points)	−1.3 percentage points	Not a measurable change
Median gross rent	$1,605 (±$169)	$1,856 (±$269)	+15.6%	No measurable change after inflation
Median household income	$109,231 (±$13,382)	$145,114 (±$25,426)	+32.9%	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 Hopewell Borough

Nearest places with a published estimate, compared with Hopewell Borough
Place	Distance	Households that rent	Compared with this place
Hopewell Borough	—	23.6% (±7.4 points)	—
Hopewell Township (Mercer County)	3.4 mi	8.8% (±3.9 points)	Lower
East Amwell Township	4.4 mi	16.7% (±6.5 points)	Not measurably different
Pennington Borough	4.6 mi	18.3% (±5.6 points)	Not measurably different
Montgomery Township	5.2 mi	15.4% (±2.8 points)	Lower
Princeton	5.5 mi	44.6% (±3.9 points)	Higher
Lawrenceville	6.1 mi	20.2% (±8.0 points)	Not measurably different
West Amwell Township	6.6 mi	11.5% (±6.3 points)	Lower
Rocky Hill Borough	6.6 mi	23.6% (±11.9 points)	Not measurably different

Nearby places with a measurably lower figure: Hopewell Township (Mercer County), NJ (8.8%), Montgomery Township, NJ (15.4%), West Amwell Township, NJ (11.5%).

Nearby places with a measurably higher figure: Princeton, NJ (44.6%).

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

Households that rent across Mercer County, place by place

Rank	Place	Households that rent
3	East Windsor Township	38.9% (±3.6 points)
4	West Windsor Township	34.8% (±3.7 points)
5	Ewing Township	33.1% (±3.2 points)
6	Lawrence Township (Mercer County)	32.5% (±3.1 points)
7	Hamilton Township (Mercer County)	28.4% (±2.0 points)
8	Hightstown Borough	27.6% (±7.2 points)
9	Hopewell Borough	23.6% (±7.4 points)
10	Robbinsville Township	20.4% (±4.1 points)
11	Pennington Borough	18.3% (±5.6 points)
12	Hopewell Township (Mercer County)	8.8% (±3.9 points)

Showing 10 of 12 places in Mercer 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.

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Questions about Hopewell Borough

How many renters are there in Hopewell Borough?

Hopewell Borough has an estimated 175 (±59) renting households, 23.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Hopewell Borough?

In Hopewell Borough, the share of households that rent went from 24.9% in 2015–2019 to 23.6% in 2020–2024 (−1.3 percentage points), not a measurable change.

How big are renting households in Hopewell Borough?

A renting household in Hopewell Borough has 1.6 people on average, against 2.7 in an owned home.

How much do renters earn in Hopewell Borough?

The median renting household in Hopewell Borough, NJ has an income of $58,405 (±$8,482) a year, against $175,417 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 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 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.