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

Tenure, estimate (90% margin of error)
Penns Grove BoroughSalem CountyNew JerseyUnited States
Renter-occupied share65.0% (±8.7 points)29.0% (±1.9 points)36.2% (±0.2 points)34.8%
Renting households1,015 (±216)7,211 (±517)1,268,573 (±8,082)45,017,354
Owning households546 (±129)17,635 (±473)2,239,128 (±10,678)84,210,142
Average renter household size3.3 (±0.6)2.4 (±0.1)2.4 (±0.0)2.3
Average owner household size2.8 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent70.2% (±5.5 points)65.0% (±8.7 points)−5.2 percentage pointsNot 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

Nearest places with a published estimate, compared with Penns Grove Borough
PlaceDistanceHouseholds that rentCompared with this place
Penns Grove Borough—65.0% (±8.7 points)—
Carneys Point1.5 mi41.0% (±6.6 points)Lower
Carneys Point Township2.6 mi38.3% (±6.2 points)Lower
Edgemoor2.7 mi40.7% (±6.5 points)Lower
Bellefonte3.1 mi31.3% (±11.3 points)Lower
Oldmans Township3.2 mi13.1% (±6.0 points)Lower
Wilmington3.4 mi52.0% (±2.4 points)Lower
Claymont5.2 mi44.1% (±5.2 points)Lower
Ardencroft5.5 mi11.7% (±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

RankPlaceHouseholds that rent
1Salem65.3% (±8.1 points)
2Penns Grove Borough65.0% (±8.7 points)
3Carneys Point Township38.3% (±6.2 points)
4Woodstown Borough38.1% (±7.5 points)
5Elmer Borough32.4% (±8.3 points)
6Quinton Township23.5% (±6.9 points)
7Lower Alloways Creek Township22.7% (±8.1 points)
8Pennsville Township20.2% (±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

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.

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.

Figures last updated on .

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