What percentage of people rent in Independence Township, NJ?

17.5% (±6.0 points) of the occupied homes in Independence Township, NJ are rented (2020–2024 American Community Survey).

That is 448 renting households against 2,119 that own their home.

In Independence Township, the share of households that rent went from 25.6% in 2015–2019 to 17.5% in 2020–2024 (−8.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
17.5% (±6.0 points)
Renting households
448 (±166)
Median renter income
$56,467 (±$41,859)

Who rents and who owns in Independence Township

Tenure, estimate (90% margin of error)
Independence TownshipWarren CountyNew JerseyUnited States
Renter-occupied share17.5% (±6.0 points)24.9% (±1.4 points)36.2% (±0.2 points)34.8%
Renting households448 (±166)11,319 (±655)1,268,573 (±8,082)45,017,354
Owning households2,119 (±199)34,072 (±704)2,239,128 (±10,678)84,210,142
Average renter household size1.4 (±0.3)2.0 (±0.1)2.4 (±0.0)2.3
Average owner household size2.3 (±0.2)2.5 (±0.0)2.8 (±0.0)2.6
Median renter household income$56,467 (±$41,859)$55,503 (±$4,839)$62,674 (±$718)$52,966
Median owner household income$103,641 (±$26,118)$115,726 (±$4,500)$133,477 (±$624)$100,009

In Independence Township, 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, Independence Township ranks 9 of 22 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 340 of 564.

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

How renting in Independence Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent25.6% (±6.0 points)17.5% (±6.0 points)−8.1 percentage pointsNot a measurable change
Median gross rent$1,353 (±$130)$1,603 (±$408)+18.5%No measurable change after inflation
Median household income$94,250 (±$8,517)$92,243 (±$14,687)−2.1%Down 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 Independence Township

Nearest places with a published estimate, compared with Independence Township
PlaceDistanceHouseholds that rentCompared with this place
Independence Township—17.5% (±6.0 points)—
Panther Valley2.7 mi16.9% (±6.8 points)Not measurably different
Hackettstown Town3.2 mi42.2% (±4.9 points)Higher
Liberty Township3.3 mi10.0% (±4.5 points)Lower
Allamuchy Township3.6 mi17.2% (±5.8 points)Not measurably different
Beattystown4.2 mi50.5% (±7.4 points)Higher
Mansfield Township (Warren County)5.3 mi37.9% (±6.3 points)Higher
Hope Township5.6 mi12.0% (±7.1 points)Not measurably different
Frelinghuysen Township5.6 mi6.6% (±2.8 points)Lower

Nearby places with a measurably lower figure: Liberty Township, NJ (10.0%), Frelinghuysen Township, NJ (6.6%).

Nearby places with a measurably higher figure: Hackettstown Town, NJ (42.2%), Beattystown, NJ (50.5%), Mansfield Township (Warren County), NJ (37.9%).

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
3Hackettstown Town42.2% (±4.9 points)
4Washington Borough41.6% (±7.9 points)
5Mansfield Township (Warren County)37.9% (±6.3 points)
6White Township24.4% (±9.3 points)
7 (tie)Alpha Borough24.2% (±5.8 points)
7 (tie)Lopatcong Township24.2% (±5.5 points)
9Independence Township17.5% (±6.0 points)
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)

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 Independence Township

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Questions about Independence Township

How many renters are there in Independence Township?

Independence Township has an estimated 448 (±166) renting households, 17.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Independence Township?

In Independence Township, the share of households that rent went from 25.6% in 2015–2019 to 17.5% in 2020–2024 (−8.1 percentage points), not a measurable change.

How big are renting households in Independence Township?

A renting household in Independence Township has 1.4 people on average, against 2.3 in an owned home.

How much do renters earn in Independence Township?

The median renting household in Independence Township, NJ has an income of $56,467 (±$41,859) a year, against $103,641 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 Independence township, Warren County, New Jersey (county subdivision:33930, 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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