What percentage of people rent in Lake Hopatcong, NJ?
8.3% (±3.1 points) of the occupied homes in Lake Hopatcong, NJ are rented (2020–2024 American Community Survey).
That is 347 renting households against 3,857 that own their home.
Figures last updated on .
- Households that rent
- 8.3% (±3.1 points)
- Renting households
- 347 (±130)
- Median renter income
- $92,946 (±$47,383)
Who rents and who owns in Lake Hopatcong
| Lake Hopatcong | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 8.3% (±3.1 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 347 (±130) | 49,683 (±1,568) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 3,857 (±337) | 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 | 2.5 (±0.1) | 2.8 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $92,946 (±$47,383) | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median owner household income | $121,507 (±$18,262) | $165,144 (±$2,794) | $133,477 (±$624) | $100,009 |
In Lake Hopatcong, 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, Lake Hopatcong ranks 19 of 27 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 182 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 Hopatcong
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake Hopatcong | — | 8.3% (±3.1 points) | — |
| Hopatcong Borough | 2.8 mi | 12.9% (±2.9 points) | Higher |
| Mount Arlington Borough | 3.1 mi | 24.8% (±5.1 points) | Higher |
| Mount Hope | 4.2 mi | 16.9% (±9.0 points) | Not measurably different |
| Landing | 4.6 mi | 14.6% (±7.8 points) | Not measurably different |
| Wharton Borough | 4.7 mi | 41.0% (±8.2 points) | Higher |
| Lake Mohawk | 4.9 mi | 15.5% (±5.4 points) | Higher |
| Roxbury Township | 5.4 mi | 11.8% (±2.7 points) | Not measurably different |
| Byram Township | 5.4 mi | 5.2% (±2.2 points) | Not measurably different |
Nearby places with a measurably higher figure: Hopatcong Borough, NJ (12.9%), Mount Arlington Borough, NJ (24.8%), Wharton Borough, NJ (41.0%).
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 |
|---|---|---|
| 13 (tie) | Ledgewood | 13.5% (±5.3 points) |
| 13 (tie) | Oak Ridge | 13.5% (±4.6 points) |
| 15 | Kenvil | 13.1% (±13.7 points) |
| 16 | Whippany | 12.7% (±2.9 points) |
| 17 | Brookside | 10.9% (±10.1 points) |
| 18 | Millington | 10.5% (±5.3 points) |
| 19 | Lake Hopatcong | 8.3% (±3.1 points) |
| 20 | White Meadow Lake | 8.2% (±4.6 points) |
| 21 | Long Valley | 7.9% (±5.7 points) |
| 22 | Mount Tabor | 7.3% (±9.4 points) |
| 23 | Troy Hills | 7.2% (±3.9 points) |
| 24 | Towaco | 7.0% (±3.6 points) |
| 25 (tie) | Gillette | 5.6% (±7.7 points) |
Showing 13 of 27 places in Morris County, ranked from highest to lowest.
Lake Hopatcong is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Jefferson 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 Hopatcong
How many renters are there in Lake Hopatcong?
Lake Hopatcong has an estimated 347 (±130) renting households, 8.3% of its occupied homes (2020–2024 American Community Survey).
How big are renting households in Lake Hopatcong?
A renting household in Lake Hopatcong has 1.9 people on average, against 2.5 in an owned home.
How much do renters earn in Lake Hopatcong?
The median renting household in Lake Hopatcong, NJ has an income of $92,946 (±$47,383) a year, against $121,507 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Hopatcong CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Hopatcong CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Hopatcong CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Hopatcong CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Hopatcong 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 Hopatcong CDP, New Jersey (place:37710, 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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- New Jersey landlord and tenant rules
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- Housing data for every place in New Jersey