What percentage of people rent in Lambertville, NJ?
21.7% (±9.1 points) of the occupied homes in Lambertville, NJ are rented (2020–2024 American Community Survey).
That is 488 renting households against 1,761 that own their home.
In Lambertville, the share of households that rent went from 47.6% in 2015–2019 to 21.7% in 2020–2024 (−25.9 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 21.7% (±9.1 points)
- Renting households
- 488 (±199)
Who rents and who owns in Lambertville
| Lambertville | Hunterdon County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 21.7% (±9.1 points) | 14.9% (±1.0 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 488 (±199) | 7,558 (±536) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 1,761 (±273) | 43,302 (±559) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.9 (±0.6) | 2.0 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 1.8 (±0.2) | 2.6 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | — | $64,253 (±$6,793) | $62,674 (±$718) | $52,966 |
| Median owner household income | $139,943 (±$64,057) | $160,120 (±$4,658) | $133,477 (±$624) | $100,009 |
In Lambertville, the renter share is not measurably different from Hunterdon County (14.9%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Hunterdon County, Lambertville ranks 10 of 26 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 284 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lambertville has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 47.6% (±8.3 points) | 21.7% (±9.1 points) | −25.9 percentage points | Measurable decrease |
| Median gross rent | $1,328 (±$85) | $1,438 (±$1,372) | +8.3% | No measurable change after inflation |
| Median household income | $75,398 (±$14,330) | $109,733 (±$24,846) | +45.5% | 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 Lambertville
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lambertville | — | 21.7% (±9.1 points) | — |
| New Hope | 0.9 mi | 28.8% (±9.3 points) | Not measurably different |
| Stockton Borough | 3.0 mi | 27.5% (±15.8 points) | Not measurably different |
| West Amwell Township | 3.0 mi | 11.5% (±6.3 points) | Not measurably different |
| Solebury Township | 3.5 mi | 7.2% (±2.4 points) | Lower |
| Delaware Township | 5.0 mi | 2.6% (±3.4 points) | Lower |
| Upper Makefield Township | 5.0 mi | 4.7% (±2.7 points) | Lower |
| Hopewell Township (Mercer County) | 7.0 mi | 8.8% (±3.9 points) | Lower |
| Buckingham Township (Bucks County) | 7.3 mi | 6.4% (±2.1 points) | Lower |
Nearby places with a measurably lower figure: Solebury Township, PA (7.2%), Delaware Township, NJ (2.6%), Upper Makefield Township, PA (4.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Hunterdon County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 4 | Bloomsbury Borough | 39.1% (±16.0 points) |
| 5 | Hampton Borough | 30.3% (±6.7 points) |
| 6 | Clinton Town | 29.8% (±6.6 points) |
| 7 | Milford Borough | 28.2% (±8.4 points) |
| 8 | Stockton Borough | 27.5% (±15.8 points) |
| 9 | Glen Gardner Borough | 24.4% (±6.0 points) |
| 10 | Lambertville | 21.7% (±9.1 points) |
| 11 | East Amwell Township | 16.7% (±6.5 points) |
| 12 | High Bridge Borough | 15.8% (±6.9 points) |
| 13 | Califon Borough | 15.7% (±7.1 points) |
| 14 | Clinton Township | 11.6% (±3.0 points) |
| 15 (tie) | Readington Township | 11.5% (±3.2 points) |
| 15 (tie) | West Amwell Township | 11.5% (±6.3 points) |
Showing 13 of 26 places in Hunterdon 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.
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Questions about Lambertville
How many renters are there in Lambertville?
Lambertville has an estimated 488 (±199) renting households, 21.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lambertville?
In Lambertville, the share of households that rent went from 47.6% in 2015–2019 to 21.7% in 2020–2024 (−25.9 percentage points), a measurable decrease.
How big are renting households in Lambertville?
A renting household in Lambertville has 1.9 people on average, against 1.8 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lambertville city, Hunterdon County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lambertville city, Hunterdon County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lambertville city, Hunterdon County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lambertville city, Hunterdon County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lambertville city, Hunterdon 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 Lambertville city, Hunterdon County, New Jersey (county subdivision:38610, in state:34 county:019).
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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- Population growth in Lambertville
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- New Jersey landlord and tenant rules
- Housing across Hunterdon County
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- Housing data for every place in New Jersey