What is the median household income in North Hanover Township, NJ?

The median household income in North Hanover Township, NJ is $86,683 (±$8,866) a year (2020–2024 American Community Survey).

Paying the median gross rent of $2,294 a month would take about $91,800 a year at the common guideline of spending no more than 30% of income on rent.

In North Hanover Township, the median household income went from $67,477 in 2015–2019 to $86,683 in 2020–2024 (+28.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median household income
$86,683 (±$8,866)
Median renter income
$64,091 (±$19,480)
Income to afford median rent
about $91,800

Income in North Hanover Township against Burlington County, its state and the nation

Income, estimate (90% margin of error)
North Hanover TownshipBurlington CountyNew JerseyUnited States
Median household income$86,683 (±$8,866)$108,111 (±$1,600)$103,556 (±$513)$80,734
Median renter household income$64,091 (±$19,480)$65,698 (±$3,821)$62,674 (±$718)$52,966
Median owner household income$132,458 (±$9,981)$124,194 (±$2,574)$133,477 (±$624)$100,009
Median gross rent$2,294 (±$130)$1,745 (±$30)$1,720 (±$7)$1,413

In North Hanover Township, median household income is lower than in Burlington County ($108,111).

It is also lower than in New Jersey ($103,556).

It is not measurably different from the national figure ($80,734).

In Burlington County, North Hanover Township ranks 30 of 40 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 441 of 561.

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

How much you need to earn to rent in North Hanover Township

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $2,294 a month ($27,528 a year) needs an income of about $91,800 a year.

The median renting household in North Hanover Township earns $64,091 a year, less than that.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$67,477 (±$6,307)$86,683 (±$8,866)+28.5%No measurable change after inflation
Median gross rent$1,898 (±$79)$2,294 (±$130)+20.9%No measurable change after inflation
Median home value$237,900 (±$42,607)$319,700 (±$87,693)+34.4%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.

Median household income in places near North Hanover Township

Nearest places with a published estimate, compared with North Hanover Township
PlaceDistanceMedian household incomeCompared with this place
North Hanover Township—$86,683 (±$8,866)—
New Egypt3.5 mi$74,063 (±$8,720)Lower
Chesterfield Township4.6 mi$208,836 (±$16,792)Higher
Wrightstown Borough5.1 mi$49,500 (±$17,148)Lower
New Hanover Township5.3 mi$107,292 (±$15,629)Higher
Upper Freehold Township5.3 mi$183,750 (±$40,799)Higher
Fort Dix6.0 mi$92,303 (±$18,925)Not measurably different
Plumsted Township6.1 mi$103,625 (±$19,914)Not measurably different
Allentown Borough6.1 mi$120,714 (±$17,430)Higher

Nearby places with a measurably lower figure: New Egypt, NJ ($74,063), Wrightstown Borough, NJ ($49,500).

Nearby places with a measurably higher figure: Chesterfield Township, NJ ($208,836), New Hanover Township, NJ ($107,292), Upper Freehold Township, NJ ($183,750).

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

Median household income across Burlington County, place by place

RankPlaceMedian household income
24Willingboro Township$98,200 (±$7,746)
25Southampton Township$97,995 (±$9,051)
26Fieldsboro Borough$91,500 (±$29,113)
27Pemberton Borough$90,899 (±$3,958)
28Palmyra Borough$89,574 (±$6,925)
29Beverly$89,458 (±$12,220)
30North Hanover Township$86,683 (±$8,866)
31Edgewater Park Township$84,960 (±$24,820)
32Burlington$84,813 (±$13,264)
33Mount Holly Township$82,798 (±$6,931)
34Washington Township (Burlington County)$81,250 (±$19,423)
35Pemberton Township$80,843 (±$7,538)
36Maple Shade Township$78,904 (±$10,501)

Showing 13 of 40 places in Burlington County, ranked from highest to lowest.

The figures for North Hanover Township include the places inside it that have pages of their own: McGuire AFB.

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 North Hanover Township

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Questions about North Hanover Township

What is the median household income in North Hanover Township?

The median household income in North Hanover Township is $86,683 (±$8,866) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in North Hanover Township?

About $91,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,294 a month.

Have incomes in North Hanover Township kept up with inflation?

In North Hanover Township, the median household income went from $67,477 in 2015–2019 to $86,683 in 2020–2024 (+28.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

What do renters earn in North Hanover Township?

The median renting household in North Hanover Township, NJ earns $64,091 (±$19,480) a year.

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 North Hanover township, Burlington County, New Jersey (county subdivision:53070, 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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

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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