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
| Kinnelon Borough | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 6.9% (±2.9 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 231 (±98) | 49,683 (±1,568) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 3,117 (±190) | 143,562 (±1,613) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.9 (±0.4) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 11.2% (±2.9 points) | 6.9% (±2.9 points) | −4.3 percentage points | Measurable 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Kinnelon Borough | — | 6.9% (±2.9 points) | — |
| Butler Borough | 2.3 mi | 31.2% (±5.0 points) | Higher |
| Macopin | 3.1 mi | 11.1% (±9.5 points) | Not measurably different |
| Riverdale Borough | 3.8 mi | 29.4% (±8.3 points) | Higher |
| Boonton Township | 4.1 mi | 4.9% (±3.8 points) | Not measurably different |
| Pompton Plains | 4.2 mi | 18.8% (±4.3 points) | Higher |
| Pequannock Township | 4.4 mi | 17.0% (±3.5 points) | Higher |
| Towaco | 4.4 mi | 7.0% (±3.6 points) | Not measurably different |
| Bloomingdale Borough | 4.5 mi | 28.8% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 29 | Jefferson Township | 10.9% (±3.0 points) |
| 30 | Long Hill Township | 10.3% (±4.1 points) |
| 31 | Mine Hill Township | 10.2% (±7.5 points) |
| 32 | Harding Township | 9.8% (±7.3 points) |
| 33 | Washington Township (Morris County) | 9.3% (±3.3 points) |
| 34 | East Hanover Township | 7.8% (±3.0 points) |
| 35 | Kinnelon Borough | 6.9% (±2.9 points) |
| 36 | Boonton Township | 4.9% (±3.8 points) |
| 37 | Mendham Township | 4.3% (±3.4 points) |
| 38 | Mountain Lakes Borough | 3.9% (±2.4 points) |
| 39 | Chester Township | 3.6% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Kinnelon borough, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Kinnelon borough, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Kinnelon borough, Morris County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Kinnelon borough, Morris County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Kinnelon borough, Morris County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
- Housing in Kinnelon Borough at a glance
- Median rent in Kinnelon Borough
- Rent by bedrooms in Kinnelon Borough
- Income and affordability in Kinnelon Borough
- Home values in Kinnelon Borough
- Homeowner costs in Kinnelon Borough
- Property taxes in Kinnelon Borough
- Types of homes in Kinnelon Borough
- Bedrooms in Kinnelon Borough
- Age of homes in Kinnelon Borough
- Heating fuel in Kinnelon Borough
- Commute and cars in Kinnelon Borough
- Crime reported to police in Kinnelon Borough
- Population growth in Kinnelon Borough
- How long people stay in Kinnelon Borough
- Crowding and facilities in Kinnelon Borough
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey