What percentage of people rent in New Hanover Township, NJ?
64.8% (±6.3 points) of the occupied homes in New Hanover Township, NJ are rented (2020–2024 American Community Survey).
That is 366 renting households against 199 that own their home.
In New Hanover Township, the share of households that rent went from 52.1% in 2015–2019 to 64.8% in 2020–2024 (+12.7 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 64.8% (±6.3 points)
- Renting households
- 366 (±76)
- Median renter income
- $102,679 (±$28,147)
Who rents and who owns in New Hanover Township
| New Hanover Township | Burlington County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 64.8% (±6.3 points) | 23.9% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 366 (±76) | 42,298 (±1,437) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 199 (±34) | 134,924 (±1,361) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 3.4 (±0.4) | 2.2 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.7 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $102,679 (±$28,147) | $65,698 (±$3,821) | $62,674 (±$718) | $52,966 |
| Median owner household income | $120,208 (±$22,987) | $124,194 (±$2,574) | $133,477 (±$624) | $100,009 |
In New Hanover Township, the renter share is higher than in Burlington County (23.9%).
It is also higher than in New Jersey (36.2%).
It is higher than the national figure (34.8%).
In Burlington County, New Hanover Township ranks 1 of 40 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 28 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in New Hanover Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 52.1% (±5.4 points) | 64.8% (±6.3 points) | +12.7 percentage points | Measurable increase |
| Median gross rent | $2,298 (±$83) | $2,985 (±$205) | +29.9% | No measurable change after inflation |
| Median household income | $91,900 (±$4,425) | $107,292 (±$15,629) | +16.7% | 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 New Hanover Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| New Hanover Township | — | 64.8% (±6.3 points) | — |
| McGuire AFB | 1.2 mi | 97.6% (±3.6 points) | Higher |
| Browns Mills | 2.8 mi | 21.2% (±4.0 points) | Lower |
| Wrightstown Borough | 3.1 mi | 63.3% (±12.5 points) | Not measurably different |
| Pemberton Township | 4.1 mi | 26.7% (±3.3 points) | Lower |
| New Egypt | 4.4 mi | 41.7% (±16.9 points) | Lower |
| Country Lake Estates | 4.9 mi | 14.9% (±9.7 points) | Lower |
| Plumsted Township | 5.2 mi | 18.9% (±6.6 points) | Lower |
| North Hanover Township | 5.3 mi | 55.3% (±5.4 points) | Lower |
Nearby places with a measurably lower figure: Browns Mills, NJ (21.2%), Pemberton Township, NJ (26.7%), New Egypt, NJ (41.7%).
Nearby places with a measurably higher figure: McGuire AFB, NJ (97.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Burlington County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | New Hanover Township | 64.8% (±6.3 points) |
| 2 | Wrightstown Borough | 63.3% (±12.5 points) |
| 3 | North Hanover Township | 55.3% (±5.4 points) |
| 4 | Maple Shade Township | 51.0% (±3.4 points) |
| 5 | Bordentown | 44.9% (±6.4 points) |
| 6 | Riverside Township | 43.2% (±5.7 points) |
| 7 | Mount Holly Township | 39.5% (±4.9 points) |
Showing 7 of 40 places in Burlington County, ranked from highest to lowest.
The figures for New Hanover Township include the places inside it that have pages of their own: Fort Dix.
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 New Hanover Township
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Questions about New Hanover Township
How many renters are there in New Hanover Township?
New Hanover Township has an estimated 366 (±76) renting households, 64.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in New Hanover Township?
In New Hanover Township, the share of households that rent went from 52.1% in 2015–2019 to 64.8% in 2020–2024 (+12.7 percentage points), a measurable increase.
How big are renting households in New Hanover Township?
A renting household in New Hanover Township has 3.4 people on average, against 2.6 in an owned home.
How much do renters earn in New Hanover Township?
The median renting household in New Hanover Township, NJ has an income of $102,679 (±$28,147) a year, against $120,208 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Hanover township, Burlington County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Hanover township, Burlington County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Hanover township, Burlington County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Hanover township, Burlington County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Hanover township, Burlington 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 New Hanover township, Burlington County, New Jersey (county subdivision:51510, in state:34 county:005).
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 New Hanover Township at a glance
- Median rent in New Hanover Township
- Rent burden in New Hanover Township
- Income and affordability in New Hanover Township
- Home values in New Hanover Township
- Homeowner costs in New Hanover Township
- Property taxes in New Hanover Township
- Types of homes in New Hanover Township
- Bedrooms in New Hanover Township
- Age of homes in New Hanover Township
- Heating fuel in New Hanover Township
- Commute and cars in New Hanover Township
- Population growth in New Hanover Township
- How long people stay in New Hanover Township
- Fair Market Rent in New Hanover Township
- New Jersey landlord and tenant rules
- Housing across Burlington County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey