What percentage of people rent in Palmyra Borough, NJ?

Name: Renters and owners in Palmyra Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

28.6% (±4.8 points) of the occupied homes in Palmyra Borough, NJ are rented (2020–2024 American Community Survey).

That is 939 renting households against 2,348 that own their home.

In Palmyra Borough, the share of households that rent went from 30.5% in 2015–2019 to 28.6% in 2020–2024 (−1.9 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 28.6% (±4.8 points)
Renting households: 939 (±169)
Median renter income: $68,080 (±$27,823)

Who rents and who owns in Palmyra Borough

Tenure, estimate (90% margin of error)
	Palmyra Borough	Burlington County	New Jersey	United States
Renter-occupied share	28.6% (±4.8 points)	23.9% (±0.8 points)	36.2% (±0.2 points)	34.8%
Renting households	939 (±169)	42,298 (±1,437)	1,268,573 (±8,082)	45,017,354
Owning households	2,348 (±198)	134,924 (±1,361)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.1 (±0.3)	2.2 (±0.1)	2.4 (±0.0)	2.3
Average owner household size	2.4 (±0.2)	2.7 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$68,080 (±$27,823)	$65,698 (±$3,821)	$62,674 (±$718)	$52,966
Median owner household income	$97,733 (±$6,552)	$124,194 (±$2,574)	$133,477 (±$624)	$100,009

In Palmyra Borough, the renter share is not measurably different from Burlington County (23.9%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Burlington County, Palmyra Borough ranks 12 of 40 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 217 of 564.

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

How renting in Palmyra Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	30.5% (±4.4 points)	28.6% (±4.8 points)	−1.9 percentage points	Not a measurable change
Median gross rent	$1,356 (±$76)	$1,696 (±$98)	+25.1%	No measurable change after inflation
Median household income	$72,578 (±$4,773)	$89,574 (±$6,925)	+23.4%	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.

Households that rent in places near Palmyra Borough

Nearest places with a published estimate, compared with Palmyra Borough
Place	Distance	Households that rent	Compared with this place
Palmyra Borough	—	28.6% (±4.8 points)	—
Riverton Borough	1.3 mi	23.2% (±6.8 points)	Not measurably different
Cinnaminson Township	2.4 mi	15.4% (±2.9 points)	Lower
Pennsauken Township	2.7 mi	26.1% (±3.5 points)	Not measurably different
Merchantville Borough	3.7 mi	43.1% (±7.2 points)	Higher
Maple Shade Township	4.1 mi	51.0% (±3.4 points)	Higher
Cherry Hill Mall	4.7 mi	28.6% (±6.1 points)	Not measurably different
Moorestown-Lenola	4.7 mi	20.9% (±3.4 points)	Lower
Delran Township	4.7 mi	26.0% (±4.4 points)	Not measurably different

Nearby places with a measurably lower figure: Cinnaminson Township, NJ (15.4%), Moorestown-Lenola, NJ (20.9%).

Nearby places with a measurably higher figure: Merchantville Borough, NJ (43.1%), Maple Shade Township, NJ (51.0%).

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
6	Riverside Township	43.2% (±5.7 points)
7	Mount Holly Township	39.5% (±4.9 points)
8	Burlington	38.1% (±4.0 points)
9	Pemberton Borough	35.0% (±10.8 points)
10	Bordentown Township	32.5% (±5.5 points)
11	Eastampton Township	29.7% (±9.9 points)
12	Palmyra Borough	28.6% (±4.8 points)
13	Evesham Township	27.8% (±2.5 points)
14	Lumberton Township	26.8% (±4.4 points)
15	Pemberton Township	26.7% (±3.3 points)
16	Beverly	26.5% (±8.2 points)
17	Delran Township	26.0% (±4.4 points)
18	Edgewater Park Township	25.5% (±6.1 points)

Showing 13 of 40 places in Burlington 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.

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Questions about Palmyra Borough

How many renters are there in Palmyra Borough?

Palmyra Borough has an estimated 939 (±169) renting households, 28.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Palmyra Borough?

In Palmyra Borough, the share of households that rent went from 30.5% in 2015–2019 to 28.6% in 2020–2024 (−1.9 percentage points), not a measurable change.

How big are renting households in Palmyra Borough?

A renting household in Palmyra Borough has 2.1 people on average, against 2.4 in an owned home.

How much do renters earn in Palmyra Borough?

The median renting household in Palmyra Borough, NJ has an income of $68,080 (±$27,823) a year, against $97,733 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 Palmyra borough, Burlington County, New Jersey (county subdivision:55800, 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.

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.