What percentage of people rent in Kinnelon Borough, NJ?

6.9% (±2.9 points) of the occupied homes in Kinnelon Borough, NJ are rented (2020–2024 American Community Survey).

That is 231 renting households against 3,117 that own their home.

In Kinnelon Borough, the share of households that rent went from 11.2% in 2015–2019 to 6.9% in 2020–2024 (−4.3 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
6.9% (±2.9 points)
Renting households
231 (±98)
Median renter income
$110,625 (±$50,363)

Who rents and who owns in Kinnelon Borough

Tenure, estimate (90% margin of error)
Kinnelon BoroughMorris CountyNew JerseyUnited States
Renter-occupied share6.9% (±2.9 points)25.7% (±0.8 points)36.2% (±0.2 points)34.8%
Renting households231 (±98)49,683 (±1,568)1,268,573 (±8,082)45,017,354
Owning households3,117 (±190)143,562 (±1,613)2,239,128 (±10,678)84,210,142
Average renter household size1.9 (±0.4)2.1 (±0.0)2.4 (±0.0)2.3
Average owner household size3.1 (±0.2)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$110,625 (±$50,363)$79,949 (±$4,109)$62,674 (±$718)$52,966
Median owner household income$196,450 (±$21,981)$165,144 (±$2,794)$133,477 (±$624)$100,009

In Kinnelon Borough, the renter share is lower than in Morris County (25.7%).

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

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

In Morris County, Kinnelon Borough ranks 35 of 39 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 510 of 564.

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

How renting in Kinnelon Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent11.2% (±2.9 points)6.9% (±2.9 points)−4.3 percentage pointsMeasurable decrease
Median gross rent$2,040 (±$156)$2,282 (±$277)+11.9%No measurable change after inflation
Median household income$158,000 (±$18,981)$187,438 (±$21,914)+18.6%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 Kinnelon Borough

Nearest places with a published estimate, compared with Kinnelon Borough
PlaceDistanceHouseholds that rentCompared with this place
Kinnelon Borough—6.9% (±2.9 points)—
Butler Borough2.3 mi31.2% (±5.0 points)Higher
Macopin3.1 mi11.1% (±9.5 points)Not measurably different
Riverdale Borough3.8 mi29.4% (±8.3 points)Higher
Boonton Township4.1 mi4.9% (±3.8 points)Not measurably different
Pompton Plains4.2 mi18.8% (±4.3 points)Higher
Pequannock Township4.4 mi17.0% (±3.5 points)Higher
Towaco4.4 mi7.0% (±3.6 points)Not measurably different
Bloomingdale Borough4.5 mi28.8% (±7.1 points)Higher

Nearby places with a measurably higher figure: Butler Borough, NJ (31.2%), Riverdale Borough, NJ (29.4%), Pompton Plains, NJ (18.8%).

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

Households that rent across Morris County, place by place

RankPlaceHouseholds that rent
29Jefferson Township10.9% (±3.0 points)
30Long Hill Township10.3% (±4.1 points)
31Mine Hill Township10.2% (±7.5 points)
32Harding Township9.8% (±7.3 points)
33Washington Township (Morris County)9.3% (±3.3 points)
34East Hanover Township7.8% (±3.0 points)
35Kinnelon Borough6.9% (±2.9 points)
36Boonton Township4.9% (±3.8 points)
37Mendham Township4.3% (±3.4 points)
38Mountain Lakes Borough3.9% (±2.4 points)
39Chester Township3.6% (±2.4 points)

Showing 11 of 39 places in Morris 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 Kinnelon Borough

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Questions about Kinnelon Borough

How many renters are there in Kinnelon Borough?

Kinnelon Borough has an estimated 231 (±98) renting households, 6.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Kinnelon Borough?

In Kinnelon Borough, the share of households that rent went from 11.2% in 2015–2019 to 6.9% in 2020–2024 (−4.3 percentage points), a measurable decrease.

How big are renting households in Kinnelon Borough?

A renting household in Kinnelon Borough has 1.9 people on average, against 3.1 in an owned home.

How much do renters earn in Kinnelon Borough?

The median renting household in Kinnelon Borough, NJ has an income of $110,625 (±$50,363) a year, against $196,450 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 Kinnelon borough, Morris County, New Jersey (county subdivision:37110, in state:34 county:027).

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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