What percentage of people rent in Stanhope Borough, NJ?

13.9% (±6.4 points) of the occupied homes in Stanhope Borough, NJ are rented (2020–2024 American Community Survey).

That is 186 renting households against 1,150 that own their home.

In Stanhope Borough, the share of households that rent went from 20.5% in 2015–2019 to 13.9% in 2020–2024 (−6.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
13.9% (±6.4 points)
Renting households
186 (±85)

Who rents and who owns in Stanhope Borough

Tenure, estimate (90% margin of error)
Stanhope BoroughSussex CountyNew JerseyUnited States
Renter-occupied share13.9% (±6.4 points)16.3% (±1.0 points)36.2% (±0.2 points)34.8%
Renting households186 (±85)9,401 (±577)1,268,573 (±8,082)45,017,354
Owning households1,150 (±149)48,366 (±720)2,239,128 (±10,678)84,210,142
Average renter household size2.8 (±1.2)2.0 (±0.1)2.4 (±0.0)2.3
Average owner household size2.6 (±0.3)2.6 (±0.0)2.8 (±0.0)2.6
Median renter household income—$61,606 (±$4,703)$62,674 (±$718)$52,966
Median owner household income$148,269 (±$13,371)$128,019 (±$3,672)$133,477 (±$624)$100,009

In Stanhope Borough, the renter share is not measurably different from Sussex County (16.3%).

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

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

In Sussex County, Stanhope Borough ranks 10 of 24 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 389 of 564.

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

How renting in Stanhope Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent20.5% (±6.6 points)13.9% (±6.4 points)−6.6 percentage pointsNot a measurable change
Median gross rent$1,657 (±$149)$1,964 (±$326)+18.5%No measurable change after inflation
Median household income$95,819 (±$6,237)$139,205 (±$19,628)+45.3%Up 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 Stanhope Borough

Nearest places with a published estimate, compared with Stanhope Borough
PlaceDistanceHouseholds that rentCompared with this place
Stanhope Borough—13.9% (±6.4 points)—
Netcong Borough1.0 mi42.2% (±12.3 points)Higher
Byram Center1.4 mi4.6% (±3.3 points)Lower
Landing2.2 mi14.6% (±7.8 points)Not measurably different
Ledgewood2.8 mi13.5% (±5.3 points)Not measurably different
Roxbury Township3.2 mi11.8% (±2.7 points)Not measurably different
Budd Lake3.3 mi25.2% (±4.5 points)Higher
Byram Township3.3 mi5.2% (±2.2 points)Lower
Mount Arlington Borough3.3 mi24.8% (±5.1 points)Higher

Nearby places with a measurably lower figure: Byram Center, NJ (4.6%), Byram Township, NJ (5.2%).

Nearby places with a measurably higher figure: Netcong Borough, NJ (42.2%), Budd Lake, NJ (25.2%), Mount Arlington Borough, NJ (24.8%).

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

Households that rent across Sussex County, place by place

RankPlaceHouseholds that rent
4Franklin Borough43.8% (±8.8 points)
5Newton Town40.7% (±6.4 points)
6Hamburg Borough29.5% (±9.8 points)
7Hardyston Township20.3% (±5.6 points)
8Montague Township18.8% (±8.2 points)
9Wantage Township17.9% (±6.3 points)
10Stanhope Borough13.9% (±6.4 points)
11Hampton Township13.5% (±4.2 points)
12Hopatcong Borough12.9% (±2.9 points)
13Sparta Township12.6% (±3.1 points)
14Lafayette Township12.0% (±5.1 points)
15Ogdensburg Borough10.4% (±4.8 points)
16Stillwater Township9.9% (±5.6 points)

Showing 13 of 24 places in Sussex 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 Stanhope Borough

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Questions about Stanhope Borough

How many renters are there in Stanhope Borough?

Stanhope Borough has an estimated 186 (±85) renting households, 13.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Stanhope Borough?

In Stanhope Borough, the share of households that rent went from 20.5% in 2015–2019 to 13.9% in 2020–2024 (−6.6 percentage points), not a measurable change.

How big are renting households in Stanhope Borough?

A renting household in Stanhope Borough has 2.8 people on average, against 2.6 in an owned 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 Stanhope borough, Sussex County, New Jersey (county subdivision:70380, in state:34 county:037).

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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