What percentage of people rent in Riverdale Borough, NJ?
29.4% (±8.3 points) of the occupied homes in Riverdale Borough, NJ are rented (2020–2024 American Community Survey).
That is 551 renting households against 1,322 that own their home.
In Riverdale Borough, the share of households that rent went from 29.3% in 2015–2019 to 29.4% in 2020–2024 (+0.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 29.4% (±8.3 points)
- Renting households
- 551 (±162)
- Median renter income
- $89,196 (±$33,814)
Who rents and who owns in Riverdale Borough
| Riverdale Borough | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 29.4% (±8.3 points) | 25.7% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 551 (±162) | 49,683 (±1,568) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 1,322 (±211) | 143,562 (±1,613) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.1 (±0.4) | 2.1 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.3) | 2.8 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $89,196 (±$33,814) | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median owner household income | $103,833 (±$8,434) | $165,144 (±$2,794) | $133,477 (±$624) | $100,009 |
In Riverdale Borough, the renter share is not measurably different from Morris County (25.7%).
It is not measurably different from New Jersey (36.2%).
It is not measurably different from the national figure (34.8%).
In Morris County, Riverdale Borough ranks 13 of 39 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 208 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Riverdale Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 29.3% (±4.9 points) | 29.4% (±8.3 points) | +0.1 percentage points | Not a measurable change |
| Median gross rent | $2,098 (±$360) | $2,424 (±$329) | +15.5% | No measurable change after inflation |
| Median household income | $110,664 (±$16,466) | $102,950 (±$10,103) | −7.0% | Down 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 Riverdale Borough
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Riverdale Borough | — | 29.4% (±8.3 points) | — |
| Pompton Lakes Borough | 1.5 mi | 19.6% (±6.7 points) | Not measurably different |
| Butler Borough | 1.7 mi | 31.2% (±5.0 points) | Not measurably different |
| Pompton Plains | 2.0 mi | 18.8% (±4.3 points) | Lower |
| Pequannock Township | 2.3 mi | 17.0% (±3.5 points) | Lower |
| Pines Lake | 2.7 mi | 1.2% (±1.8 points) | Lower |
| Bloomingdale Borough | 2.9 mi | 28.8% (±7.1 points) | Not measurably different |
| Wanaque Borough | 3.5 mi | 21.9% (±6.0 points) | Not measurably different |
| Kinnelon Borough | 3.8 mi | 6.9% (±2.9 points) | Lower |
Nearby places with a measurably lower figure: Pompton Plains, NJ (18.8%), Pequannock Township, NJ (17.0%), Pines Lake, NJ (1.2%).
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 |
|---|---|---|
| 7 | Rockaway Borough | 39.6% (±9.6 points) |
| 8 | Mount Olive Township | 39.1% (±3.3 points) |
| 9 | Boonton Town | 37.9% (±6.2 points) |
| 10 | Madison Borough | 36.2% (±3.6 points) |
| 11 | Butler Borough | 31.2% (±5.0 points) |
| 12 | Florham Park Borough | 30.2% (±5.0 points) |
| 13 | Riverdale Borough | 29.4% (±8.3 points) |
| 14 | Morris Plains Borough | 28.4% (±7.4 points) |
| 15 | Mount Arlington Borough | 24.8% (±5.1 points) |
| 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) |
Showing 13 of 39 places in Morris 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 Riverdale Borough
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Questions about Riverdale Borough
How many renters are there in Riverdale Borough?
Riverdale Borough has an estimated 551 (±162) renting households, 29.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Riverdale Borough?
In Riverdale Borough, the share of households that rent went from 29.3% in 2015–2019 to 29.4% in 2020–2024 (+0.1 percentage points), not a measurable change.
How big are renting households in Riverdale Borough?
A renting household in Riverdale Borough has 2.1 people on average, against 2.2 in an owned home.
How much do renters earn in Riverdale Borough?
The median renting household in Riverdale Borough, NJ has an income of $89,196 (±$33,814) a year, against $103,833 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Riverdale borough, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Riverdale borough, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Riverdale borough, Morris County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Riverdale borough, Morris County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Riverdale borough, Morris County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Riverdale borough, Morris County, New Jersey (county subdivision:63300, 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.
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 .
Related
- Housing in Riverdale Borough at a glance
- Median rent in Riverdale Borough
- Rent by bedrooms in Riverdale Borough
- Rent burden in Riverdale Borough
- Income and affordability in Riverdale Borough
- Home values in Riverdale Borough
- Homeowner costs in Riverdale Borough
- Property taxes in Riverdale Borough
- Types of homes in Riverdale Borough
- Bedrooms in Riverdale Borough
- Age of homes in Riverdale Borough
- Vacancy rate in Riverdale Borough
- Heating fuel in Riverdale Borough
- Commute and cars in Riverdale Borough
- Crime reported to police in Riverdale Borough
- Population growth in Riverdale Borough
- How long people stay in Riverdale Borough
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey