What percentage of people rent in Lincoln Park Borough, NJ?
20.8% (±5.4 points) of the occupied homes in Lincoln Park Borough, NJ are rented (2020–2024 American Community Survey).
That is 825 renting households against 3,148 that own their home.
In Lincoln Park Borough, the share of households that rent went from 21.5% in 2015–2019 to 20.8% in 2020–2024 (−0.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 20.8% (±5.4 points)
- Renting households
- 825 (±218)
- Median renter income
- $97,438 (±$27,770)
Who rents and who owns in Lincoln Park Borough
| Lincoln Park Borough | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 20.8% (±5.4 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 825 (±218) | 49,683 (±1,568) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 3,148 (±304) | 143,562 (±1,613) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.3 (±0.3) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.8 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $97,438 (±$27,770) | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median owner household income | $130,516 (±$20,645) | $165,144 (±$2,794) | $133,477 (±$624) | $100,009 |
In Lincoln Park Borough, the renter share is not measurably different from 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, Lincoln Park Borough ranks 19 of 39 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 297 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lincoln Park Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 21.5% (±4.3 points) | 20.8% (±5.4 points) | −0.7 percentage points | Not a measurable change |
| Median gross rent | $1,643 (±$99) | $1,857 (±$107) | +13.0% | No measurable change after inflation |
| Median household income | $97,003 (±$8,878) | $123,397 (±$15,269) | +27.2% | 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 Lincoln Park Borough
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lincoln Park Borough | — | 20.8% (±5.4 points) | — |
| Towaco | 2.0 mi | 7.0% (±3.6 points) | Lower |
| Pequannock Township | 2.7 mi | 17.0% (±3.5 points) | Not measurably different |
| Packanack Lake | 2.7 mi | 3.9% (±3.1 points) | Lower |
| Fairfield Township (Essex County) | 2.8 mi | 21.3% (±9.3 points) | Not measurably different |
| Montville Township | 3.0 mi | 12.3% (±3.2 points) | Lower |
| Pompton Plains | 3.0 mi | 18.8% (±4.3 points) | Not measurably different |
| Wayne Township | 3.4 mi | 21.4% (±2.8 points) | Not measurably different |
| Singac | 4.2 mi | 23.8% (±10.5 points) | Not measurably different |
Nearby places with a measurably lower figure: Towaco, NJ (7.0%), Packanack Lake, NJ (3.9%), Montville Township, NJ (12.3%).
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 | Riverdale Borough | 29.4% (±8.3 points) |
| 14 | Morris Plains Borough | 28.4% (±7.4 points) |
| 15 | Mount Arlington Borough | 24.8% (±5.1 points) |
| 16 | Randolph Township | 22.2% (±3.3 points) |
| 17 | Hanover Township | 21.0% (±4.9 points) |
| 18 | Chester Borough | 20.9% (±6.7 points) |
| 19 | Lincoln Park Borough | 20.8% (±5.4 points) |
| 20 | Rockaway Township | 18.1% (±3.3 points) |
| 21 | Chatham Borough | 17.5% (±3.7 points) |
| 22 | Pequannock Township | 17.0% (±3.5 points) |
| 23 | Chatham Township | 15.9% (±4.1 points) |
| 24 (tie) | Mendham Borough | 14.1% (±4.7 points) |
| 24 (tie) | Morris Township | 14.1% (±2.4 points) |
Showing 13 of 39 places in Morris 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.
What you can do on Seayora in Lincoln Park Borough
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Questions about Lincoln Park Borough
How many renters are there in Lincoln Park Borough?
Lincoln Park Borough has an estimated 825 (±218) renting households, 20.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lincoln Park Borough?
In Lincoln Park Borough, the share of households that rent went from 21.5% in 2015–2019 to 20.8% in 2020–2024 (−0.7 percentage points), not a measurable change.
How big are renting households in Lincoln Park Borough?
A renting household in Lincoln Park Borough has 2.3 people on average, against 2.7 in an owned home.
How much do renters earn in Lincoln Park Borough?
The median renting household in Lincoln Park Borough, NJ has an income of $97,438 (±$27,770) a year, against $130,516 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lincoln Park borough, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lincoln Park borough, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lincoln Park borough, Morris County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lincoln Park borough, Morris County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lincoln Park borough, Morris 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 Lincoln Park borough, Morris County, New Jersey (county subdivision:40290, in state:34 county:027).
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
- Housing in Lincoln Park Borough at a glance
- Median rent in Lincoln Park Borough
- Rent by bedrooms in Lincoln Park Borough
- Rent burden in Lincoln Park Borough
- Income and affordability in Lincoln Park Borough
- Home values in Lincoln Park Borough
- Homeowner costs in Lincoln Park Borough
- Property taxes in Lincoln Park Borough
- Types of homes in Lincoln Park Borough
- Bedrooms in Lincoln Park Borough
- Age of homes in Lincoln Park Borough
- Heating fuel in Lincoln Park Borough
- Commute and cars in Lincoln Park Borough
- Crime reported to police in Lincoln Park Borough
- Population growth in Lincoln Park Borough
- How long people stay in Lincoln Park Borough
- Crowding and facilities in Lincoln Park Borough
- 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