What percentage of people rent in Oldmans Township, NJ?
13.1% (±6.0 points) of the occupied homes in Oldmans Township, NJ are rented (2020–2024 American Community Survey).
That is 77 renting households against 513 that own their home.
In Oldmans Township, the share of households that rent went from 11.9% in 2015–2019 to 13.1% in 2020–2024 (+1.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 13.1% (±6.0 points)
- Renting households
- 77 (±38)
- Median renter income
- $93,438 (±$38,999)
Who rents and who owns in Oldmans Township
| Oldmans Township | Salem County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 13.1% (±6.0 points) | 29.0% (±1.9 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 77 (±38) | 7,211 (±517) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 513 (±53) | 17,635 (±473) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 3.9 (±1.1) | 2.4 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.3) | 2.7 (±0.1) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $93,438 (±$38,999) | $45,698 (±$6,898) | $62,674 (±$718) | $52,966 |
| Median owner household income | $121,607 (±$23,530) | $99,454 (±$4,308) | $133,477 (±$624) | $100,009 |
In Oldmans Township, the renter share is lower than in Salem County (29.0%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Salem County, Oldmans Township ranks 12 of 15 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 401 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Oldmans Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 11.9% (±5.1 points) | 13.1% (±6.0 points) | +1.2 percentage points | Not a measurable change |
| Median gross rent | $1,500 (±$252) | $1,806 (±$243) | +20.4% | No measurable change after inflation |
| Median household income | $82,500 (±$19,472) | $112,917 (±$14,886) | +36.9% | 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 Oldmans Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Oldmans Township | — | 13.1% (±6.0 points) | — |
| Beckett | 2.9 mi | 2.1% (±2.6 points) | Lower |
| Penns Grove Borough | 3.2 mi | 65.0% (±8.7 points) | Higher |
| Carneys Point Township | 3.6 mi | 38.3% (±6.2 points) | Higher |
| Carneys Point | 3.8 mi | 41.0% (±6.6 points) | Higher |
| Pilesgrove Township | 4.1 mi | 13.7% (±5.8 points) | Not measurably different |
| Woolwich Township | 4.5 mi | 19.4% (±5.3 points) | Not measurably different |
| Auburn | 4.6 mi | 1.1% (±1.7 points) | Lower |
| Logan Township | 4.7 mi | 2.5% (±2.4 points) | Lower |
Nearby places with a measurably lower figure: Beckett, NJ (2.1%), Auburn, NJ (1.1%), Logan Township, NJ (2.5%).
Nearby places with a measurably higher figure: Penns Grove Borough, NJ (65.0%), Carneys Point Township, NJ (38.3%), Carneys Point, NJ (41.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Salem County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 6 | Quinton Township | 23.5% (±6.9 points) |
| 7 | Lower Alloways Creek Township | 22.7% (±8.1 points) |
| 8 | Pennsville Township | 20.2% (±3.4 points) |
| 9 | Pittsgrove Township | 15.0% (±6.2 points) |
| 10 | Pilesgrove Township | 13.7% (±5.8 points) |
| 11 | Alloway Township | 13.3% (±7.8 points) |
| 12 | Oldmans Township | 13.1% (±6.0 points) |
| 13 (tie) | Elsinboro Township | 11.8% (±4.2 points) |
| 13 (tie) | Mannington Township | 11.8% (±4.8 points) |
| 15 | Upper Pittsgrove Township | 8.9% (±5.2 points) |
Showing 10 of 15 places in Salem 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 Oldmans Township
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Questions about Oldmans Township
How many renters are there in Oldmans Township?
Oldmans Township has an estimated 77 (±38) renting households, 13.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Oldmans Township?
In Oldmans Township, the share of households that rent went from 11.9% in 2015–2019 to 13.1% in 2020–2024 (+1.2 percentage points), not a measurable change.
How big are renting households in Oldmans Township?
A renting household in Oldmans Township has 3.9 people on average, against 3.0 in an owned home.
How much do renters earn in Oldmans Township?
The median renting household in Oldmans Township, NJ has an income of $93,438 (±$38,999) a year, against $121,607 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Oldmans township, Salem County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Oldmans township, Salem County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Oldmans township, Salem County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Oldmans township, Salem County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Oldmans township, Salem 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 Oldmans township, Salem County, New Jersey (county subdivision:54810, in state:34 county:033).
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 Oldmans Township at a glance
- Income and affordability in Oldmans Township
- Home values in Oldmans Township
- Homeowner costs in Oldmans Township
- Property taxes in Oldmans Township
- Types of homes in Oldmans Township
- Bedrooms in Oldmans Township
- Age of homes in Oldmans Township
- Heating fuel in Oldmans Township
- Commute and cars in Oldmans Township
- Population growth in Oldmans Township
- How long people stay in Oldmans Township
- Fair Market Rent in Oldmans Township
- New Jersey landlord and tenant rules
- Housing across Salem County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey