What is the rental vacancy rate in North Hanover Township, NJ?
The rental vacancy rate in North Hanover Township, NJ is 1.3% (±2.1 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±3.5 points).
307 (±155) homes, 9.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In North Hanover Township, the rental vacancy rate went from 5.4% in 2015–2019 to 1.3% in 2020–2024 (−4.1 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 1.3% (±2.1 points)
- Homeowner vacancy rate
- 0.0% (±3.5 points)
- Vacant homes
- 307 (±155)
Vacancy in North Hanover Township against Burlington County, its state and the nation
| North Hanover Township | Burlington County | New Jersey | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 1.3% (±2.1 points) | 3.6% (±0.8 points) | 3.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±3.5 points) | 0.9% (±0.2 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 307 (±155) | 9,093 (±721) | 283,653 (±4,943) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In North Hanover Township, the rental vacancy rate is lower than in Burlington County (3.6%).
It is also lower than in New Jersey (3.5%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near North Hanover Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| North Hanover Township | — | 1.3% (±2.1 points) | — |
| New Egypt | 3.5 mi | 0.0% (±11.7 points) | Not measurably different |
| Chesterfield Township | 4.6 mi | 32.2% (±38.5 points) | Not measurably different |
| Wrightstown Borough | 5.1 mi | 8.1% (±14.8 points) | Not measurably different |
| New Hanover Township | 5.3 mi | 1.6% (±2.4 points) | Not measurably different |
| Upper Freehold Township | 5.3 mi | 19.4% (±29.5 points) | Not measurably different |
| Fort Dix | 6.0 mi | 5.4% (±5.5 points) | Not measurably different |
| Plumsted Township | 6.1 mi | 0.0% (±7.0 points) | Not measurably different |
| Allentown Borough | 6.1 mi | 2.6% (±3.3 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Burlington County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 17 | Delran Township | 3.2% (±3.2 points) |
| 18 | Mount Laurel Township | 3.1% (±2.6 points) |
| 19 | Florence Township | 2.7% (±4.1 points) |
| 20 | Maple Shade Township | 2.4% (±2.0 points) |
| 21 | Evesham Township | 1.8% (±1.7 points) |
| 22 | New Hanover Township | 1.6% (±2.4 points) |
| 23 | North Hanover Township | 1.3% (±2.1 points) |
| 24 | Lumberton Township | 0.4% (±0.7 points) |
| 25 (tie) | Beverly | 0.0% (±17.7 points) |
| 25 (tie) | Bordentown Township | 0.0% (±3.0 points) |
| 25 (tie) | Delanco Township | 0.0% (±11.3 points) |
| 25 (tie) | Fieldsboro Borough | 0.0% (±59.0 points) |
| 25 (tie) | Hainesport Township | 0.0% (±15.9 points) |
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.
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Questions about North Hanover Township
Is it hard to find a rental in North Hanover Township?
The rental vacancy rate in North Hanover Township, NJ is 1.3% (±2.1 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in North Hanover Township tighter than it was?
In North Hanover Township, the rental vacancy rate went from 5.4% in 2015–2019 to 1.3% in 2020–2024 (−4.1 percentage points), not a measurable change.
How many homes are vacant in North Hanover Township?
An estimated 307 (±155) housing units, 9.8% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Hanover township, Burlington County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — North Hanover township, Burlington 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) 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 DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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
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- New Jersey landlord and tenant rules
- Housing across Burlington County
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- Housing data for every place in New Jersey