What percentage of people rent in Raritan Borough, NJ?

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

50.1% (±7.1 points) of the occupied homes in Raritan Borough, NJ are rented (2020–2024 American Community Survey).

That is 1,667 renting households against 1,659 that own their home.

In Raritan Borough, the share of households that rent went from 45.0% in 2015–2019 to 50.1% in 2020–2024 (+5.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 50.1% (±7.1 points)
Renting households: 1,667 (±299)
Median renter income: $86,544 (±$17,445)

Who rents and who owns in Raritan Borough

Tenure, estimate (90% margin of error)
	Raritan Borough	Somerset County	New Jersey	United States
Renter-occupied share	50.1% (±7.1 points)	25.7% (±0.9 points)	36.2% (±0.2 points)	34.8%
Renting households	1,667 (±299)	33,615 (±1,269)	1,268,573 (±8,082)	45,017,354
Owning households	1,659 (±242)	97,187 (±1,176)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.2 (±0.2)	2.4 (±0.1)	2.4 (±0.0)	2.3
Average owner household size	2.8 (±0.4)	2.8 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$86,544 (±$17,445)	$82,470 (±$5,113)	$62,674 (±$718)	$52,966
Median owner household income	$129,861 (±$31,339)	$170,007 (±$3,672)	$133,477 (±$624)	$100,009

In Raritan Borough, the renter share is higher than in Somerset County (25.7%).

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

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

In Somerset County, Raritan Borough ranks 3 of 21 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 66 of 564.

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

How renting in Raritan 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	45.0% (±4.9 points)	50.1% (±7.1 points)	+5.1 percentage points	Not a measurable change
Median gross rent	$1,672 (±$168)	$2,112 (±$197)	+26.3%	No measurable change after inflation
Median household income	$79,362 (±$8,076)	$107,672 (±$8,453)	+35.7%	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 Raritan Borough

Nearest places with a published estimate, compared with Raritan Borough
Place	Distance	Households that rent	Compared with this place
Raritan Borough	—	50.1% (±7.1 points)	—
Bradley Gardens	0.9 mi	9.8% (±3.5 points)	Lower
Somerville Borough	2.0 mi	57.0% (±4.4 points)	Not measurably different
Bridgewater Center	2.2 mi	11.0% (±6.2 points)	Lower
Bridgewater Township	2.6 mi	15.1% (±2.1 points)	Lower
Green Knoll	2.8 mi	21.2% (±5.8 points)	Lower
Manville Borough	3.6 mi	23.0% (±4.8 points)	Lower
Branchburg Township	3.8 mi	16.8% (±3.9 points)	Lower
Finderne	3.8 mi	40.3% (±8.8 points)	Not measurably different

Nearby places with a measurably lower figure: Bradley Gardens, NJ (9.8%), Bridgewater Center, NJ (11.0%), Bridgewater Township, NJ (15.1%).

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

Households that rent across Somerset County, place by place

Rank	Place	Households that rent
1	Somerville Borough	57.0% (±4.4 points)
2	Bound Brook Borough	55.2% (±5.0 points)
3	Raritan Borough	50.1% (±7.1 points)
4	North Plainfield Borough	46.7% (±4.8 points)
5	South Bound Brook Borough	42.1% (±7.3 points)
6	Franklin Township (Somerset County)	30.7% (±2.4 points)
7	Rocky Hill Borough	23.6% (±11.9 points)
8	Manville Borough	23.0% (±4.8 points)
9	Bedminster Township	21.1% (±3.9 points)

Showing 9 of 21 places in Somerset 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 Raritan Borough

How many renters are there in Raritan Borough?

Raritan Borough has an estimated 1,667 (±299) renting households, 50.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Raritan Borough?

In Raritan Borough, the share of households that rent went from 45.0% in 2015–2019 to 50.1% in 2020–2024 (+5.1 percentage points), not a measurable change.

How big are renting households in Raritan Borough?

A renting household in Raritan Borough has 2.2 people on average, against 2.8 in an owned home.

How much do renters earn in Raritan Borough?

The median renting household in Raritan Borough, NJ has an income of $86,544 (±$17,445) a year, against $129,861 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 Raritan borough, Somerset County, New Jersey (county subdivision:61980, in state:34 county:035).

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.