What percentage of people rent in Netcong Borough, NJ?

42.2% (±12.3 points) of the occupied homes in Netcong Borough, NJ are rented (2020–2024 American Community Survey).

That is 765 renting households against 1,049 that own their home.

In Netcong Borough, the share of households that rent went from 53.0% in 2015–2019 to 42.2% in 2020–2024 (−10.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
42.2% (±12.3 points)
Renting households
765 (±235)
Median renter income
$47,625 (±$30,372)

Who rents and who owns in Netcong Borough

Tenure, estimate (90% margin of error)
Netcong BoroughMorris CountyNew JerseyUnited States
Renter-occupied share42.2% (±12.3 points)25.7% (±0.8 points)36.2% (±0.2 points)34.8%
Renting households765 (±235)49,683 (±1,568)1,268,573 (±8,082)45,017,354
Owning households1,049 (±257)143,562 (±1,613)2,239,128 (±10,678)84,210,142
Average renter household size1.6 (±0.3)2.1 (±0.0)2.4 (±0.0)2.3
Average owner household size2.3 (±0.4)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$47,625 (±$30,372)$79,949 (±$4,109)$62,674 (±$718)$52,966
Median owner household income$127,740 (±$25,668)$165,144 (±$2,794)$133,477 (±$624)$100,009

In Netcong Borough, the renter share is higher than in Morris County (25.7%).

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

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

In Morris County, Netcong Borough ranks 4 of 39 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 109 of 564.

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

How renting in Netcong Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent53.0% (±6.4 points)42.2% (±12.3 points)−10.8 percentage pointsNot a measurable change
Median gross rent$1,166 (±$47)$1,432 (±$67)+22.8%No measurable change after inflation
Median household income$69,375 (±$9,080)$83,958 (±$30,730)+21.0%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 Netcong Borough

Nearest places with a published estimate, compared with Netcong Borough
PlaceDistanceHouseholds that rentCompared with this place
Netcong Borough—42.2% (±12.3 points)—
Stanhope Borough1.0 mi13.9% (±6.4 points)Lower
Ledgewood2.0 mi13.5% (±5.3 points)Lower
Landing2.1 mi14.6% (±7.8 points)Lower
Byram Center2.4 mi4.6% (±3.3 points)Lower
Budd Lake2.6 mi25.2% (±4.5 points)Lower
Roxbury Township2.7 mi11.8% (±2.7 points)Lower
Mount Olive Township3.2 mi39.1% (±3.3 points)Not measurably different
Mount Arlington Borough3.5 mi24.8% (±5.1 points)Lower

Nearby places with a measurably lower figure: Stanhope Borough, NJ (13.9%), Ledgewood, NJ (13.5%), Landing, NJ (14.6%).

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

RankPlaceHouseholds that rent
1Victory Gardens Borough67.1% (±11.2 points)
2Morristown Town63.3% (±3.4 points)
3Dover Town54.0% (±6.5 points)
4Netcong Borough42.2% (±12.3 points)
5Wharton Borough41.0% (±8.2 points)
6Parsippany-Troy Hills Township40.4% (±2.5 points)
7Rockaway Borough39.6% (±9.6 points)
8Mount Olive Township39.1% (±3.3 points)
9Boonton Town37.9% (±6.2 points)
10Madison Borough36.2% (±3.6 points)

Showing 10 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 Netcong Borough

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Questions about Netcong Borough

How many renters are there in Netcong Borough?

Netcong Borough has an estimated 765 (±235) renting households, 42.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Netcong Borough?

In Netcong Borough, the share of households that rent went from 53.0% in 2015–2019 to 42.2% in 2020–2024 (−10.8 percentage points), not a measurable change.

How big are renting households in Netcong Borough?

A renting household in Netcong Borough has 1.6 people on average, against 2.3 in an owned home.

How much do renters earn in Netcong Borough?

The median renting household in Netcong Borough, NJ has an income of $47,625 (±$30,372) a year, against $127,740 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 Netcong borough, Morris County, New Jersey (county subdivision:50130, 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.

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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