What percentage of people rent in Lawrence Township (Mercer County), NJ?

32.5% (±3.1 points) of the occupied homes in Lawrence Township (Mercer County), NJ are rented (2020–2024 American Community Survey).

That is 4,046 renting households against 8,396 that own their home.

In Lawrence Township (Mercer County), the share of households that rent went from 31.7% in 2015–2019 to 32.5% in 2020–2024 (+0.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
32.5% (±3.1 points)
Renting households
4,046 (±436)
Median renter income
$82,778 (±$14,948)

Who rents and who owns in Lawrence Township (Mercer County)

Tenure, estimate (90% margin of error)
Lawrence Township (Mercer County)Mercer CountyNew JerseyUnited States
Renter-occupied share32.5% (±3.1 points)37.8% (±1.2 points)36.2% (±0.2 points)34.8%
Renting households4,046 (±436)54,545 (±1,760)1,268,573 (±8,082)45,017,354
Owning households8,396 (±537)89,569 (±1,662)2,239,128 (±10,678)84,210,142
Average renter household size2.0 (±0.2)2.3 (±0.1)2.4 (±0.0)2.3
Average owner household size2.6 (±0.2)2.7 (±0.0)2.8 (±0.0)2.6
Median renter household income$82,778 (±$14,948)$61,039 (±$3,997)$62,674 (±$718)$52,966
Median owner household income$154,953 (±$5,280)$131,963 (±$3,408)$133,477 (±$624)$100,009

In Lawrence Township (Mercer County), the renter share is lower than in Mercer County (37.8%).

It is also lower than in New Jersey (36.2%).

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

In Mercer County, Lawrence Township (Mercer County) ranks 6 of 12 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 178 of 564.

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

How renting in Lawrence Township (Mercer County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent31.7% (±2.6 points)32.5% (±3.1 points)+0.8 percentage pointsNot a measurable change
Median gross rent$1,672 (±$89)$2,020 (±$107)+20.8%No measurable change after inflation
Median household income$103,690 (±$7,789)$130,142 (±$10,777)+25.5%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 Lawrence Township (Mercer County)

Nearest places with a published estimate, compared with Lawrence Township (Mercer County)
PlaceDistanceHouseholds that rentCompared with this place
Lawrence Township (Mercer County)—32.5% (±3.1 points)—
The College of New Jersey3.6 mi100.0% (±21.0 points)Higher
Pennington Borough4.1 mi18.3% (±5.6 points)Lower
Mercerville4.4 mi15.3% (±3.3 points)Lower
Ewing Township4.7 mi33.1% (±3.2 points)Not measurably different
West Windsor Township4.9 mi34.8% (±3.7 points)Not measurably different
Princeton5.1 mi44.6% (±3.9 points)Higher
Trenton5.5 mi62.1% (±2.4 points)Higher
Princeton Junction5.5 mi18.0% (±7.7 points)Lower

Nearby places with a measurably lower figure: Pennington Borough, NJ (18.3%), Mercerville, NJ (15.3%), Princeton Junction, NJ (18.0%).

Nearby places with a measurably higher figure: The College of New Jersey, NJ (100.0%), Princeton, NJ (44.6%), Trenton, NJ (62.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Mercer County, place by place

RankPlaceHouseholds that rent
1Trenton62.1% (±2.4 points)
2Princeton44.6% (±3.9 points)
3East Windsor Township38.9% (±3.6 points)
4West Windsor Township34.8% (±3.7 points)
5Ewing Township33.1% (±3.2 points)
6Lawrence Township (Mercer County)32.5% (±3.1 points)
7Hamilton Township (Mercer County)28.4% (±2.0 points)
8Hightstown Borough27.6% (±7.2 points)
9Hopewell Borough23.6% (±7.4 points)
10Robbinsville Township20.4% (±4.1 points)
11Pennington Borough18.3% (±5.6 points)
12Hopewell Township (Mercer County)8.8% (±3.9 points)

The figures for Lawrence Township (Mercer County) include the places inside it that have pages of their own: Lawrenceville.

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 Lawrence Township (Mercer County)

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Questions about Lawrence Township (Mercer County)

How many renters are there in Lawrence Township (Mercer County)?

Lawrence Township (Mercer County) has an estimated 4,046 (±436) renting households, 32.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lawrence Township (Mercer County)?

In Lawrence Township (Mercer County), the share of households that rent went from 31.7% in 2015–2019 to 32.5% in 2020–2024 (+0.8 percentage points), not a measurable change.

How big are renting households in Lawrence Township (Mercer County)?

A renting household in Lawrence Township (Mercer County) has 2.0 people on average, against 2.6 in an owned home.

How much do renters earn in Lawrence Township (Mercer County)?

The median renting household in Lawrence Township (Mercer County), NJ has an income of $82,778 (±$14,948) a year, against $154,953 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 Lawrence township, Mercer County, New Jersey (county subdivision:39510, in state:34 county:021).

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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