What percentage of people rent in Pequannock Township, NJ?

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

17.0% (±3.5 points) of the occupied homes in Pequannock Township, NJ are rented (2020–2024 American Community Survey).

That is 1,064 renting households against 5,204 that own their home.

In Pequannock Township, the share of households that rent went from 20.4% in 2015–2019 to 17.0% in 2020–2024 (−3.4 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 17.0% (±3.5 points)
Renting households: 1,064 (±222)
Median renter income: $60,082 (±$42,857)

Who rents and who owns in Pequannock Township

Tenure, estimate (90% margin of error)
	Pequannock Township	Morris County	New Jersey	United States
Renter-occupied share	17.0% (±3.5 points)	25.7% (±0.8 points)	36.2% (±0.2 points)	34.8%
Renting households	1,064 (±222)	49,683 (±1,568)	1,268,573 (±8,082)	45,017,354
Owning households	5,204 (±348)	143,562 (±1,613)	2,239,128 (±10,678)	84,210,142
Average renter household size	1.5 (±0.2)	2.1 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.7 (±0.2)	2.8 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$60,082 (±$42,857)	$79,949 (±$4,109)	$62,674 (±$718)	$52,966
Median owner household income	$131,121 (±$21,684)	$165,144 (±$2,794)	$133,477 (±$624)	$100,009

In Pequannock Township, the renter share is lower than in Morris County (25.7%).

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

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

In Morris County, Pequannock Township ranks 22 of 39 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 343 of 564.

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

How renting in Pequannock Township 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	20.4% (±3.2 points)	17.0% (±3.5 points)	−3.4 percentage points	Not a measurable change
Median gross rent	$1,815 (±$250)	$2,753 (±$829)	+51.7%	No measurable change after inflation
Median household income	$105,316 (±$9,955)	$120,666 (±$6,642)	+14.6%	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 Pequannock Township

Nearest places with a published estimate, compared with Pequannock Township
Place	Distance	Households that rent	Compared with this place
Pequannock Township	—	17.0% (±3.5 points)	—
Riverdale Borough	2.3 mi	29.4% (±8.3 points)	Higher
Lincoln Park Borough	2.7 mi	20.8% (±5.4 points)	Not measurably different
Pompton Lakes Borough	2.9 mi	19.6% (±6.7 points)	Not measurably different
Packanack Lake	3.1 mi	3.9% (±3.1 points)	Lower
Towaco	3.1 mi	7.0% (±3.6 points)	Lower
Butler Borough	3.3 mi	31.2% (±5.0 points)	Higher
Pines Lake	3.3 mi	1.2% (±1.8 points)	Lower
Wayne Township	3.3 mi	21.4% (±2.8 points)	Not measurably different

Nearby places with a measurably lower figure: Packanack Lake, NJ (3.9%), Towaco, NJ (7.0%), Pines Lake, NJ (1.2%).

Nearby places with a measurably higher figure: Riverdale Borough, NJ (29.4%), Butler Borough, NJ (31.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Morris County, place by place

Rank	Place	Households that rent
16	Randolph Township	22.2% (±3.3 points)
17	Hanover Township	21.0% (±4.9 points)
18	Chester Borough	20.9% (±6.7 points)
19	Lincoln Park Borough	20.8% (±5.4 points)
20	Rockaway Township	18.1% (±3.3 points)
21	Chatham Borough	17.5% (±3.7 points)
22	Pequannock Township	17.0% (±3.5 points)
23	Chatham Township	15.9% (±4.1 points)
24 (tie)	Mendham Borough	14.1% (±4.7 points)
24 (tie)	Morris Township	14.1% (±2.4 points)
26 (tie)	Denville Township	12.3% (±3.7 points)
26 (tie)	Montville Township	12.3% (±3.2 points)
28	Roxbury Township	11.8% (±2.7 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), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Pequannock Township

How many renters are there in Pequannock Township?

Pequannock Township has an estimated 1,064 (±222) renting households, 17.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Pequannock Township?

In Pequannock Township, the share of households that rent went from 20.4% in 2015–2019 to 17.0% in 2020–2024 (−3.4 percentage points), not a measurable change.

How big are renting households in Pequannock Township?

A renting household in Pequannock Township has 1.5 people on average, against 2.7 in an owned home.

How much do renters earn in Pequannock Township?

The median renting household in Pequannock Township, NJ has an income of $60,082 (±$42,857) a year, against $131,121 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 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 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.