What percentage of people rent in Raritan Township, NJ?

10.0% (±2.7 points) of the occupied homes in Raritan Township, NJ are rented (2020–2024 American Community Survey).

That is 920 renting households against 8,321 that own their home.

In Raritan Township, the share of households that rent went from 13.0% in 2015–2019 to 10.0% in 2020–2024 (−3.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
10.0% (±2.7 points)
Renting households
920 (±253)
Median renter income
$74,698 (±$26,186)

Who rents and who owns in Raritan Township

Tenure, estimate (90% margin of error)
Raritan TownshipHunterdon CountyNew JerseyUnited States
Renter-occupied share10.0% (±2.7 points)14.9% (±1.0 points)36.2% (±0.2 points)34.8%
Renting households920 (±253)7,558 (±536)1,268,573 (±8,082)45,017,354
Owning households8,321 (±375)43,302 (±559)2,239,128 (±10,678)84,210,142
Average renter household size1.8 (±0.3)2.0 (±0.1)2.4 (±0.0)2.3
Average owner household size2.7 (±0.1)2.6 (±0.0)2.8 (±0.0)2.6
Median renter household income$74,698 (±$26,186)$64,253 (±$6,793)$62,674 (±$718)$52,966
Median owner household income$179,668 (±$9,314)$160,120 (±$4,658)$133,477 (±$624)$100,009

In Raritan Township, the renter share is lower than in Hunterdon County (14.9%).

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

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

In Hunterdon County, Raritan Township ranks 18 of 26 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 457 of 564.

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

How renting in Raritan Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent13.0% (±2.4 points)10.0% (±2.7 points)−3.0 percentage pointsNot a measurable change
Median gross rent$1,571 (±$142)$1,615 (±$263)+2.8%No measurable change after inflation
Median household income$135,115 (±$7,827)$165,174 (±$15,459)+22.2%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 Township

Nearest places with a published estimate, compared with Raritan Township
PlaceDistanceHouseholds that rentCompared with this place
Raritan Township—10.0% (±2.7 points)—
Franklin Township (Hunterdon County)2.4 mi8.5% (±5.1 points)Not measurably different
Flemington Borough3.3 mi65.9% (±6.4 points)Higher
Clinton Township5.9 mi11.6% (±3.0 points)Not measurably different
Clinton Town6.3 mi29.8% (±6.6 points)Higher
Annandale6.9 mi35.7% (±10.1 points)Higher
Union Township (Hunterdon County)6.9 mi8.8% (±5.0 points)Not measurably different
Readington Township7.1 mi11.5% (±3.2 points)Not measurably different
Lebanon Borough7.3 mi40.9% (±7.7 points)Higher

Nearby places with a measurably higher figure: Flemington Borough, NJ (65.9%), Clinton Town, NJ (29.8%), Annandale, NJ (35.7%).

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

Households that rent across Hunterdon County, place by place

RankPlaceHouseholds that rent
12High Bridge Borough15.8% (±6.9 points)
13Califon Borough15.7% (±7.1 points)
14Clinton Township11.6% (±3.0 points)
15 (tie)Readington Township11.5% (±3.2 points)
15 (tie)West Amwell Township11.5% (±6.3 points)
17Kingwood Township10.7% (±8.1 points)
18Raritan Township10.0% (±2.7 points)
19Alexandria Township9.3% (±6.4 points)
20Union Township (Hunterdon County)8.8% (±5.0 points)
21Franklin Township (Hunterdon County)8.5% (±5.1 points)
22Lebanon Township7.1% (±4.4 points)
23Bethlehem Township5.0% (±4.7 points)
24Tewksbury Township4.2% (±3.4 points)

Showing 13 of 26 places in Hunterdon 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 Raritan Township

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Questions about Raritan Township

How many renters are there in Raritan Township?

Raritan Township has an estimated 920 (±253) renting households, 10.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Raritan Township?

In Raritan Township, the share of households that rent went from 13.0% in 2015–2019 to 10.0% in 2020–2024 (−3.0 percentage points), not a measurable change.

How big are renting households in Raritan Township?

A renting household in Raritan Township has 1.8 people on average, against 2.7 in an owned home.

How much do renters earn in Raritan Township?

The median renting household in Raritan Township, NJ has an income of $74,698 (±$26,186) a year, against $179,668 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 township, Hunterdon County, New Jersey (county subdivision:61920, in state:34 county:019).

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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