How many renters in Pequannock Township, NJ pay more than 30% of their income on rent?
61.7% (±18.2 points) of renting households in Pequannock Township, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
52.8% spend 35% or more.
The median renting household spends 41.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 61.7% (±18.2 points)
- Paying 35% or more
- 52.8% (±16.1 points)
- Median share of income
- 41.2% (±25.3 points)
Rent as a share of income in Pequannock Township
| Share of income spent on rent | Pequannock Township | Morris County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 7.7% (±9.0 points) | 12.5% | 12.2% | 12.6% |
| 15% to 19.9% | 17.8% (±16.6 points) | 13.6% | 12.3% | 12.2% |
| 20% to 24.9% | 9.3% (±7.2 points) | 16.7% | 12.6% | 12.6% |
| 25% to 29.9% | 3.4% (±3.3 points) | 11.9% | 11.4% | 11.5% |
| 30% to 34.9% | 8.9% (±8.4 points) | 6.8% | 8.9% | 9.2% |
| 35% or more | 52.8% (±16.1 points) | 38.4% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Pequannock Township against Morris County, its state and the nation
| Pequannock Township | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 61.7% (±18.2 points) | 45.2% (±2.3 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 52.8% (±16.1 points) | 38.4% (±2.1 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 41.2% (±25.3 points) | 28.0% (±0.9 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $60,082 (±$42,857) | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median gross rent | $2,753 (±$829) | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
In Pequannock Township, the share of renters paying 30% or more of income is not measurably different from Morris County (45.2%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Morris County, Pequannock Township ranks 8 of 39 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 104 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Pequannock Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Pequannock Township | — | 61.7% (±18.2 points) | — |
| Riverdale Borough | 2.3 mi | 50.0% (±17.3 points) | Not measurably different |
| Lincoln Park Borough | 2.7 mi | 32.1% (±13.3 points) | Lower |
| Pompton Lakes Borough | 2.9 mi | 32.0% (±16.3 points) | Lower |
| Packanack Lake | 3.1 mi | 23.4% (±58.6 points) | Not measurably different |
| Towaco | 3.1 mi | 62.9% (±44.0 points) | Not measurably different |
| Butler Borough | 3.3 mi | 46.7% (±12.4 points) | Not measurably different |
| Pines Lake | 3.3 mi | 0.0% (±136.9 points) | Not measurably different |
| Wayne Township | 3.3 mi | 47.9% (±8.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Lincoln Park Borough, NJ (32.1%), Pompton Lakes Borough, NJ (32.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Morris County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 2 | Chester Township | 72.3% (±58.6 points) |
| 3 | Washington Township (Morris County) | 66.0% (±22.3 points) |
| 4 (tie) | Roxbury Township | 63.5% (±16.5 points) |
| 4 (tie) | Victory Gardens Borough | 63.5% (±19.1 points) |
| 6 | Harding Township | 63.0% (±38.7 points) |
| 7 | Chatham Township | 62.1% (±17.4 points) |
| 8 | Pequannock Township | 61.7% (±18.2 points) |
| 9 | Dover Town | 60.8% (±9.9 points) |
| 10 | Netcong Borough | 58.3% (±18.5 points) |
| 11 | Denville Township | 56.8% (±20.1 points) |
| 12 | Mine Hill Township | 56.7% (±55.2 points) |
| 13 | Wharton Borough | 55.4% (±16.0 points) |
| 14 | Boonton Town | 53.4% (±14.5 points) |
Showing 13 of 39 places in Morris County, ranked from highest to lowest.
The figures for Pequannock Township include the places inside it that have pages of their own: Pompton Plains.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Pequannock Township
Are renters in Pequannock Township rent-burdened?
61.7% of renting households in Pequannock Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Pequannock Township spend on rent?
The median renting household in Pequannock Township, NJ spends 41.2% (±25.3 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pequannock township, Morris County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Pequannock township, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Pequannock township, Morris 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) and detailed tables (acs/acs5) for Pequannock township, Morris County, New Jersey (county subdivision:58110, in state:34 county:027).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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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