What percentage of people rent in Magnolia Borough, NJ?

30.7% (±8.8 points) of the occupied homes in Magnolia Borough, NJ are rented (2020–2024 American Community Survey).

That is 553 renting households against 1,246 that own their home.

In Magnolia Borough, the share of households that rent went from 35.2% in 2015–2019 to 30.7% in 2020–2024 (−4.5 percentage points), not a measurable change.

Figures last updated on .

Households that rent
30.7% (±8.8 points)
Renting households
553 (±163)
Median renter income
$102,899 (±$71,518)

Who rents and who owns in Magnolia Borough

Tenure, estimate (90% margin of error)
Magnolia BoroughCamden CountyNew JerseyUnited States
Renter-occupied share30.7% (±8.8 points)35.3% (±0.9 points)36.2% (±0.2 points)34.8%
Renting households553 (±163)71,508 (±1,921)1,268,573 (±8,082)45,017,354
Owning households1,246 (±224)131,032 (±1,932)2,239,128 (±10,678)84,210,142
Average renter household size2.3 (±0.7)2.2 (±0.0)2.4 (±0.0)2.3
Average owner household size2.5 (±0.3)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$102,899 (±$71,518)$49,624 (±$2,002)$62,674 (±$718)$52,966
Median owner household income$98,125 (±$23,419)$115,063 (±$1,837)$133,477 (±$624)$100,009

In Magnolia Borough, the renter share is not measurably different from Camden County (35.3%).

It is not measurably different from New Jersey (36.2%).

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

In Camden County, Magnolia Borough ranks 20 of 36 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 192 of 564.

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

How renting in Magnolia Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent35.2% (±6.1 points)30.7% (±8.8 points)−4.5 percentage pointsNot a measurable change
Median gross rent$1,034 (±$123)$1,427 (±$276)+38.0%No measurable change after inflation
Median household income$60,000 (±$8,101)$100,511 (±$22,213)+67.5%Up 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 Magnolia Borough

Nearest places with a published estimate, compared with Magnolia Borough
PlaceDistanceHouseholds that rentCompared with this place
Magnolia Borough—30.7% (±8.8 points)—
Lawnside Borough0.9 mi35.3% (±8.2 points)Not measurably different
Somerdale Borough1.1 mi28.6% (±4.6 points)Not measurably different
Barrington Borough1.2 mi48.5% (±7.4 points)Higher
Tavistock Borough1.4 mi0.0% (±100.0 points)Not measurably different
Hi-nella Borough1.6 mi59.5% (±11.8 points)Higher
Glendora1.9 mi25.4% (±7.4 points)Not measurably different
Ashland2.0 mi10.8% (±3.8 points)Lower
Runnemede Borough2.1 mi27.5% (±4.7 points)Not measurably different

Nearby places with a measurably lower figure: Ashland, NJ (10.8%).

Nearby places with a measurably higher figure: Barrington Borough, NJ (48.5%), Hi-nella Borough, NJ (59.5%).

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

Households that rent across Camden County, place by place

RankPlaceHouseholds that rent
14Lawnside Borough35.3% (±8.2 points)
15Oaklyn Borough34.9% (±7.7 points)
16Haddon Township33.6% (±5.2 points)
17Berlin Township32.9% (±9.9 points)
18Mount Ephraim Borough32.0% (±11.0 points)
19Stratford Borough30.9% (±5.8 points)
20Magnolia Borough30.7% (±8.8 points)
21Berlin Borough29.4% (±6.2 points)
22Somerdale Borough28.6% (±4.6 points)
23Runnemede Borough27.5% (±4.7 points)
24Gloucester Township27.0% (±2.3 points)
25Pennsauken Township26.1% (±3.5 points)
26Audubon Borough23.7% (±5.4 points)

Showing 13 of 36 places in Camden 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 Magnolia Borough

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Questions about Magnolia Borough

How many renters are there in Magnolia Borough?

Magnolia Borough has an estimated 553 (±163) renting households, 30.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Magnolia Borough?

In Magnolia Borough, the share of households that rent went from 35.2% in 2015–2019 to 30.7% in 2020–2024 (−4.5 percentage points), not a measurable change.

How big are renting households in Magnolia Borough?

A renting household in Magnolia Borough has 2.3 people on average, against 2.5 in an owned home.

How much do renters earn in Magnolia Borough?

The median renting household in Magnolia Borough, NJ has an income of $102,899 (±$71,518) a year, against $98,125 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 Magnolia borough, Camden County, New Jersey (county subdivision:42630, in state:34 county:007).

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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