What percentage of people rent in Rockaway Township, NJ?

18.1% (±3.3 points) of the occupied homes in Rockaway Township, NJ are rented (2020–2024 American Community Survey).

That is 1,711 renting households against 7,722 that own their home.

In Rockaway Township, the share of households that rent went from 17.3% in 2015–2019 to 18.1% in 2020–2024 (+0.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
18.1% (±3.3 points)
Renting households
1,711 (±343)
Median renter income
$106,880 (±$12,134)

Who rents and who owns in Rockaway Township

Tenure, estimate (90% margin of error)
Rockaway TownshipMorris CountyNew JerseyUnited States
Renter-occupied share18.1% (±3.3 points)25.7% (±0.8 points)36.2% (±0.2 points)34.8%
Renting households1,711 (±343)49,683 (±1,568)1,268,573 (±8,082)45,017,354
Owning households7,722 (±438)143,562 (±1,613)2,239,128 (±10,678)84,210,142
Average renter household size2.2 (±0.2)2.1 (±0.0)2.4 (±0.0)2.3
Average owner household size2.9 (±0.2)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$106,880 (±$12,134)$79,949 (±$4,109)$62,674 (±$718)$52,966
Median owner household income$149,456 (±$6,011)$165,144 (±$2,794)$133,477 (±$624)$100,009

In Rockaway 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, Rockaway Township ranks 20 of 39 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 330 of 564.

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

How renting in Rockaway Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent17.3% (±2.7 points)18.1% (±3.3 points)+0.8 percentage pointsNot a measurable change
Median gross rent$1,639 (±$105)$2,315 (±$379)+41.2%No measurable change after inflation
Median household income$111,026 (±$7,988)$141,868 (±$4,783)+27.8%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 Rockaway Township

Nearest places with a published estimate, compared with Rockaway Township
PlaceDistanceHouseholds that rentCompared with this place
Rockaway Township—18.1% (±3.3 points)—
Jefferson Township4.0 mi10.9% (±3.0 points)Lower
Boonton Township4.3 mi4.9% (±3.8 points)Lower
Rockaway Borough4.5 mi39.6% (±9.6 points)Higher
Denville Township4.9 mi12.3% (±3.7 points)Lower
Oak Ridge5.0 mi13.5% (±4.6 points)Not measurably different
Mountain Lakes Borough5.6 mi3.9% (±2.4 points)Lower
Lake Hopatcong5.8 mi8.3% (±3.1 points)Lower
Wharton Borough5.8 mi41.0% (±8.2 points)Higher

Nearby places with a measurably lower figure: Jefferson Township, NJ (10.9%), Boonton Township, NJ (4.9%), Denville Township, NJ (12.3%).

Nearby places with a measurably higher figure: Rockaway Borough, NJ (39.6%), Wharton Borough, NJ (41.0%).

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

RankPlaceHouseholds that rent
14Morris Plains Borough28.4% (±7.4 points)
15Mount Arlington Borough24.8% (±5.1 points)
16Randolph Township22.2% (±3.3 points)
17Hanover Township21.0% (±4.9 points)
18Chester Borough20.9% (±6.7 points)
19Lincoln Park Borough20.8% (±5.4 points)
20Rockaway Township18.1% (±3.3 points)
21Chatham Borough17.5% (±3.7 points)
22Pequannock Township17.0% (±3.5 points)
23Chatham Township15.9% (±4.1 points)
24 (tie)Mendham Borough14.1% (±4.7 points)
24 (tie)Morris Township14.1% (±2.4 points)
26 (tie)Denville Township12.3% (±3.7 points)

Showing 13 of 39 places in Morris County, ranked from highest to lowest.

The figures for Rockaway Township include the places inside it that have pages of their own: Lake Telemark, Mount Hope, White Meadow Lake.

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 Rockaway Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Rockaway Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Rockaway Township beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Rockaway Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Rockaway Township

How many renters are there in Rockaway Township?

Rockaway Township has an estimated 1,711 (±343) renting households, 18.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Rockaway Township?

In Rockaway Township, the share of households that rent went from 17.3% in 2015–2019 to 18.1% in 2020–2024 (+0.8 percentage points), not a measurable change.

How big are renting households in Rockaway Township?

A renting household in Rockaway Township has 2.2 people on average, against 2.9 in an owned home.

How much do renters earn in Rockaway Township?

The median renting household in Rockaway Township, NJ has an income of $106,880 (±$12,134) a year, against $149,456 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 Rockaway township, Morris County, New Jersey (county subdivision:64080, 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.

Figures last updated on .

Related