What percentage of people rent in Mendham Borough, NJ?
14.1% (±4.7 points) of the occupied homes in Mendham Borough, NJ are rented (2020–2024 American Community Survey).
That is 254 renting households against 1,548 that own their home.
In Mendham Borough, the share of households that rent went from 11.4% in 2015–2019 to 14.1% in 2020–2024 (+2.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 14.1% (±4.7 points)
- Renting households
- 254 (±91)
- Median renter income
- $93,393 (±$46,295)
Who rents and who owns in Mendham Borough
| Mendham Borough | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 14.1% (±4.7 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 254 (±91) | 49,683 (±1,568) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 1,548 (±94) | 143,562 (±1,613) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.6 (±0.3) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.2) | 2.8 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $93,393 (±$46,295) | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median owner household income | $250,000 or more | $165,144 (±$2,794) | $133,477 (±$624) | $100,009 |
In Mendham Borough, 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, Mendham Borough ranks 24 of 39 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 385 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Mendham Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 11.4% (±3.7 points) | 14.1% (±4.7 points) | +2.7 percentage points | Not a measurable change |
| Median household income | $151,875 (±$27,949) | $211,944 (±$53,353) | +39.6% | 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 Mendham Borough
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Mendham Borough | — | 14.1% (±4.7 points) | — |
| Bernardsville Borough | 2.6 mi | 5.4% (±3.2 points) | Lower |
| Brookside | 2.6 mi | 10.9% (±10.1 points) | Not measurably different |
| Mendham Township | 2.8 mi | 4.3% (±3.4 points) | Lower |
| Peapack and Gladstone Borough | 4.6 mi | 20.4% (±11.9 points) | Not measurably different |
| Chester Township | 4.7 mi | 3.6% (±2.4 points) | Lower |
| Basking Ridge | 4.7 mi | 16.1% (±4.7 points) | Not measurably different |
| Chester Borough | 5.1 mi | 20.9% (±6.7 points) | Not measurably different |
| Randolph Township | 5.2 mi | 22.2% (±3.3 points) | Higher |
Nearby places with a measurably lower figure: Bernardsville Borough, NJ (5.4%), Mendham Township, NJ (4.3%), Chester Township, NJ (3.6%).
Nearby places with a measurably higher figure: Randolph Township, NJ (22.2%).
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 |
|---|---|---|
| 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) |
| 26 (tie) | Denville Township | 12.3% (±3.7 points) |
| 26 (tie) | Montville Township | 12.3% (±3.2 points) |
| 28 | Roxbury Township | 11.8% (±2.7 points) |
| 29 | Jefferson Township | 10.9% (±3.0 points) |
| 30 | Long Hill Township | 10.3% (±4.1 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 Mendham Borough
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Questions about Mendham Borough
How many renters are there in Mendham Borough?
Mendham Borough has an estimated 254 (±91) renting households, 14.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Mendham Borough?
In Mendham Borough, the share of households that rent went from 11.4% in 2015–2019 to 14.1% in 2020–2024 (+2.7 percentage points), not a measurable change.
How big are renting households in Mendham Borough?
A renting household in Mendham Borough has 1.6 people on average, against 2.8 in an owned home.
How much do renters earn in Mendham Borough?
The median renting household in Mendham Borough, NJ has an income of $93,393 (±$46,295) a year, against $250,000 or more for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mendham borough, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mendham borough, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mendham borough, Morris County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mendham borough, Morris County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mendham 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 Mendham borough, Morris County, New Jersey (county subdivision:45330, 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 Mendham Borough at a glance
- Median rent in Mendham Borough
- Rent by bedrooms in Mendham Borough
- Income and affordability in Mendham Borough
- Home values in Mendham Borough
- Homeowner costs in Mendham Borough
- Property taxes in Mendham Borough
- Types of homes in Mendham Borough
- Bedrooms in Mendham Borough
- Age of homes in Mendham Borough
- Heating fuel in Mendham Borough
- Commute and cars in Mendham Borough
- Crime reported to police in Mendham Borough
- Population growth in Mendham Borough
- How long people stay in Mendham 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