How many renters in Morristown Town, NJ pay more than 30% of their income on rent?
37.4% (±5.6 points) of renting households in Morristown Town, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
29.6% spend 35% or more.
The median renting household spends 26.9% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 37.4% (±5.6 points)
- Paying 35% or more
- 29.6% (±4.9 points)
- Median share of income
- 26.9% (±1.2 points)
Rent as a share of income in Morristown Town
| Share of income spent on rent | Morristown Town | Morris County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 13.5% (±3.4 points) | 12.5% | 12.2% | 12.6% |
| 15% to 19.9% | 14.9% (±4.0 points) | 13.6% | 12.3% | 12.2% |
| 20% to 24.9% | 14.0% (±3.5 points) | 16.7% | 12.6% | 12.6% |
| 25% to 29.9% | 20.3% (±5.4 points) | 11.9% | 11.4% | 11.5% |
| 30% to 34.9% | 7.8% (±2.8 points) | 6.8% | 8.9% | 9.2% |
| 35% or more | 29.6% (±4.9 points) | 38.4% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Morristown Town against Morris County, its state and the nation
| Morristown Town | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 37.4% (±5.6 points) | 45.2% (±2.3 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 29.6% (±4.9 points) | 38.4% (±2.1 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 26.9% (±1.2 points) | 28.0% (±0.9 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $92,863 (±$5,376) | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median gross rent | $2,274 (±$125) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
In Morristown Town, the share of renters paying 30% or more of income is lower than in Morris County (45.2%).
It is also lower than in New Jersey (51.6%).
It is lower than the national figure (51.1%).
In Morris County, Morristown Town ranks 32 of 39 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 472 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Morristown Town
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Morristown Town | — | 37.4% (±5.6 points) | — |
| Morris Township | 0.9 mi | 42.0% (±11.8 points) | Not measurably different |
| Cedar Knolls | 1.9 mi | 41.3% (±29.2 points) | Not measurably different |
| Morris Plains Borough | 2.9 mi | 45.7% (±16.6 points) | Not measurably different |
| Hanover Township | 3.0 mi | 48.1% (±19.0 points) | Not measurably different |
| Whippany | 3.6 mi | 57.6% (±20.2 points) | Not measurably different |
| Harding Township | 4.0 mi | 63.0% (±38.7 points) | Not measurably different |
| Madison Borough | 4.1 mi | 53.1% (±8.9 points) | Higher |
| Green Village | 4.4 mi | 78.6% (±23.8 points) | Higher |
Nearby places with a measurably higher figure: Madison Borough, NJ (53.1%), Green Village, NJ (78.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Morris County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 26 | Mount Olive Township | 43.2% (±7.6 points) |
| 27 | Morris Township | 42.0% (±11.8 points) |
| 28 | Chatham Borough | 41.3% (±14.3 points) |
| 29 | Rockaway Borough | 38.8% (±20.8 points) |
| 30 | Boonton Township | 38.6% (±45.3 points) |
| 31 | Rockaway Township | 37.6% (±12.5 points) |
| 32 | Morristown Town | 37.4% (±5.6 points) |
| 33 | Mendham Borough | 36.6% (±24.1 points) |
| 34 | Parsippany-Troy Hills Township | 34.6% (±4.8 points) |
| 35 | Montville Township | 33.8% (±13.7 points) |
| 36 | Lincoln Park Borough | 32.1% (±13.3 points) |
| 37 | East Hanover Township | 29.7% (±29.6 points) |
| 38 | Kinnelon Borough | 27.3% (±24.2 points) |
Showing 13 of 39 places in Morris County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Morristown Town
Are renters in Morristown Town rent-burdened?
37.4% of renting households in Morristown Town pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Morristown Town spend on rent?
The median renting household in Morristown Town, NJ spends 26.9% (±1.2 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Morristown town, Morris County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Morristown town, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Morristown town, Morris County, New Jersey
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 Morristown town, Morris County, New Jersey (county subdivision:48300, in state:34 county:027).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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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- Local landlord and tenant rules in Morristown Town
- New Jersey landlord and tenant rules
- Housing across Morris County
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