What percentage of people rent in Lake Hiawatha, NJ?

41.5% (±6.7 points) of the occupied homes in Lake Hiawatha, NJ are rented (2020–2024 American Community Survey).

That is 1,871 renting households against 2,639 that own their home.

Figures last updated on .

Households that rent
41.5% (±6.7 points)
Renting households
1,871 (±400)
Median renter income
$93,668 (±$7,584)

Who rents and who owns in Lake Hiawatha

Tenure, estimate (90% margin of error)
Lake HiawathaMorris CountyNew JerseyUnited States
Renter-occupied share41.5% (±6.7 points)25.7% (±0.8 points)36.2% (±0.2 points)34.8%
Renting households1,871 (±400)49,683 (±1,568)1,268,573 (±8,082)45,017,354
Owning households2,639 (±330)143,562 (±1,613)2,239,128 (±10,678)84,210,142
Average renter household size2.0 (±0.3)2.1 (±0.0)2.4 (±0.0)2.3
Average owner household size2.8 (±0.2)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$93,668 (±$7,584)$79,949 (±$4,109)$62,674 (±$718)$52,966
Median owner household income$116,978 (±$8,368)$165,144 (±$2,794)$133,477 (±$624)$100,009

In Lake Hiawatha, the renter share is higher than in Morris County (25.7%).

It is not measurably different from New Jersey (36.2%).

It is not measurably different from the national figure (34.8%).

In Morris County, Lake Hiawatha ranks 3 of 27 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 30 of 252.

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

Households that rent in places near Lake Hiawatha

Nearest places with a published estimate, compared with Lake Hiawatha
PlaceDistanceHouseholds that rentCompared with this place
Lake Hiawatha—41.5% (±6.7 points)—
Parsippany2.0 mi51.6% (±3.2 points)Higher
Boonton Town2.0 mi37.9% (±6.2 points)Not measurably different
Pine Brook2.2 mi35.3% (±10.4 points)Not measurably different
Troy Hills2.3 mi7.2% (±3.9 points)Lower
Montville Township2.5 mi12.3% (±3.2 points)Lower
Mountain Lakes Borough3.2 mi3.9% (±2.4 points)Lower
Towaco3.8 mi7.0% (±3.6 points)Lower
Rainbow Lakes3.8 mi32.6% (±11.6 points)Not measurably different

Nearby places with a measurably lower figure: Troy Hills, NJ (7.2%), Montville Township, NJ (12.3%), Mountain Lakes Borough, NJ (3.9%).

Nearby places with a measurably higher figure: Parsippany, NJ (51.6%).

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
1Parsippany51.6% (±3.2 points)
2Green Village50.3% (±17.1 points)
3Lake Hiawatha41.5% (±6.7 points)
4Cedar Knolls41.1% (±12.4 points)
5Flanders40.9% (±5.3 points)
6Pine Brook35.3% (±10.4 points)
7Rainbow Lakes32.6% (±11.6 points)
8Budd Lake25.2% (±4.5 points)
9Pompton Plains18.8% (±4.3 points)

Showing 9 of 27 places in Morris County, ranked from highest to lowest.

Lake Hiawatha is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Parsippany-Troy Hills Township, whose figures include it.

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 Lake Hiawatha

How many renters are there in Lake Hiawatha?

Lake Hiawatha has an estimated 1,871 (±400) renting households, 41.5% of its occupied homes (2020–2024 American Community Survey).

How big are renting households in Lake Hiawatha?

A renting household in Lake Hiawatha has 2.0 people on average, against 2.8 in an owned home.

How much do renters earn in Lake Hiawatha?

The median renting household in Lake Hiawatha, NJ has an income of $93,668 (±$7,584) a year, against $116,978 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 Lake Hiawatha CDP, New Jersey (place:37680, in state:34).

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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