What percentage of people rent in Penns Grove Borough, NJ?
65.0% (±8.7 points) of the occupied homes in Penns Grove Borough, NJ are rented (2020–2024 American Community Survey).
That is 1,015 renting households against 546 that own their home.
In Penns Grove Borough, the share of households that rent went from 70.2% in 2015–2019 to 65.0% in 2020–2024 (−5.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 65.0% (±8.7 points)
- Renting households
- 1,015 (±216)
- Median renter income
- $20,096 (±$17,521)
Who rents and who owns in Penns Grove Borough
| Penns Grove Borough | Salem County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 65.0% (±8.7 points) | 29.0% (±1.9 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 1,015 (±216) | 7,211 (±517) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 546 (±129) | 17,635 (±473) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 3.3 (±0.6) | 2.4 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.7) | 2.7 (±0.1) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $20,096 (±$17,521) | $45,698 (±$6,898) | $62,674 (±$718) | $52,966 |
| Median owner household income | $88,015 (±$22,211) | $99,454 (±$4,308) | $133,477 (±$624) | $100,009 |
In Penns Grove Borough, the renter share is higher than in Salem County (29.0%).
It is also higher than in New Jersey (36.2%).
It is higher than the national figure (34.8%).
In Salem County, Penns Grove Borough ranks 2 of 15 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 27 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Penns Grove Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 70.2% (±5.5 points) | 65.0% (±8.7 points) | −5.2 percentage points | Not a measurable change |
| Median gross rent | $1,028 (±$94) | $1,117 (±$363) | +8.7% | No measurable change after inflation |
| Median household income | $31,940 (±$5,739) | $45,781 (±$17,844) | +43.3% | 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 Penns Grove Borough
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Penns Grove Borough | — | 65.0% (±8.7 points) | — |
| Carneys Point | 1.5 mi | 41.0% (±6.6 points) | Lower |
| Carneys Point Township | 2.6 mi | 38.3% (±6.2 points) | Lower |
| Edgemoor | 2.7 mi | 40.7% (±6.5 points) | Lower |
| Bellefonte | 3.1 mi | 31.3% (±11.3 points) | Lower |
| Oldmans Township | 3.2 mi | 13.1% (±6.0 points) | Lower |
| Wilmington | 3.4 mi | 52.0% (±2.4 points) | Lower |
| Claymont | 5.2 mi | 44.1% (±5.2 points) | Lower |
| Ardencroft | 5.5 mi | 11.7% (±9.4 points) | Lower |
Nearby places with a measurably lower figure: Carneys Point, NJ (41.0%), Carneys Point Township, NJ (38.3%), Edgemoor, DE (40.7%).
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 |
|---|---|---|
| 1 | Salem | 65.3% (±8.1 points) |
| 2 | Penns Grove Borough | 65.0% (±8.7 points) |
| 3 | Carneys Point Township | 38.3% (±6.2 points) |
| 4 | Woodstown Borough | 38.1% (±7.5 points) |
| 5 | Elmer Borough | 32.4% (±8.3 points) |
| 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) |
Showing 8 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 Penns Grove Borough
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Questions about Penns Grove Borough
How many renters are there in Penns Grove Borough?
Penns Grove Borough has an estimated 1,015 (±216) renting households, 65.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Penns Grove Borough?
In Penns Grove Borough, the share of households that rent went from 70.2% in 2015–2019 to 65.0% in 2020–2024 (−5.2 percentage points), not a measurable change.
How big are renting households in Penns Grove Borough?
A renting household in Penns Grove Borough has 3.3 people on average, against 2.8 in an owned home.
How much do renters earn in Penns Grove Borough?
The median renting household in Penns Grove Borough, NJ has an income of $20,096 (±$17,521) a year, against $88,015 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Penns Grove borough, Salem County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Penns Grove borough, Salem County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Penns Grove borough, Salem County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Penns Grove borough, Salem County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Penns Grove borough, 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 Penns Grove borough, Salem County, New Jersey (county subdivision:57750, 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 Penns Grove Borough at a glance
- Median rent in Penns Grove Borough
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- Rent burden in Penns Grove Borough
- Income and affordability in Penns Grove Borough
- Home values in Penns Grove Borough
- Homeowner costs in Penns Grove Borough
- Property taxes in Penns Grove Borough
- Types of homes in Penns Grove Borough
- Bedrooms in Penns Grove Borough
- Age of homes in Penns Grove Borough
- Heating fuel in Penns Grove Borough
- Commute and cars in Penns Grove Borough
- Crime reported to police in Penns Grove Borough
- Population growth in Penns Grove Borough
- How long people stay in Penns Grove Borough
- 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