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
| Lake Hiawatha | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 41.5% (±6.7 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 1,871 (±400) | 49,683 (±1,568) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 2,639 (±330) | 143,562 (±1,613) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.0 (±0.3) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake Hiawatha | — | 41.5% (±6.7 points) | — |
| Parsippany | 2.0 mi | 51.6% (±3.2 points) | Higher |
| Boonton Town | 2.0 mi | 37.9% (±6.2 points) | Not measurably different |
| Pine Brook | 2.2 mi | 35.3% (±10.4 points) | Not measurably different |
| Troy Hills | 2.3 mi | 7.2% (±3.9 points) | Lower |
| Montville Township | 2.5 mi | 12.3% (±3.2 points) | Lower |
| Mountain Lakes Borough | 3.2 mi | 3.9% (±2.4 points) | Lower |
| Towaco | 3.8 mi | 7.0% (±3.6 points) | Lower |
| Rainbow Lakes | 3.8 mi | 32.6% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Parsippany | 51.6% (±3.2 points) |
| 2 | Green Village | 50.3% (±17.1 points) |
| 3 | Lake Hiawatha | 41.5% (±6.7 points) |
| 4 | Cedar Knolls | 41.1% (±12.4 points) |
| 5 | Flanders | 40.9% (±5.3 points) |
| 6 | Pine Brook | 35.3% (±10.4 points) |
| 7 | Rainbow Lakes | 32.6% (±11.6 points) |
| 8 | Budd Lake | 25.2% (±4.5 points) |
| 9 | Pompton Plains | 18.8% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Hiawatha CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Hiawatha CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Hiawatha CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Hiawatha CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Hiawatha CDP, 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 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.
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
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- How long people stay in Lake Hiawatha
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- 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