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
| Stanhope Borough | Sussex County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 13.9% (±6.4 points) | 16.3% (±1.0 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 186 (±85) | 9,401 (±577) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 1,150 (±149) | 48,366 (±720) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.8 (±1.2) | 2.0 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 20.5% (±6.6 points) | 13.9% (±6.4 points) | −6.6 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Stanhope Borough | — | 13.9% (±6.4 points) | — |
| Netcong Borough | 1.0 mi | 42.2% (±12.3 points) | Higher |
| Byram Center | 1.4 mi | 4.6% (±3.3 points) | Lower |
| Landing | 2.2 mi | 14.6% (±7.8 points) | Not measurably different |
| Ledgewood | 2.8 mi | 13.5% (±5.3 points) | Not measurably different |
| Roxbury Township | 3.2 mi | 11.8% (±2.7 points) | Not measurably different |
| Budd Lake | 3.3 mi | 25.2% (±4.5 points) | Higher |
| Byram Township | 3.3 mi | 5.2% (±2.2 points) | Lower |
| Mount Arlington Borough | 3.3 mi | 24.8% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 4 | Franklin Borough | 43.8% (±8.8 points) |
| 5 | Newton Town | 40.7% (±6.4 points) |
| 6 | Hamburg Borough | 29.5% (±9.8 points) |
| 7 | Hardyston Township | 20.3% (±5.6 points) |
| 8 | Montague Township | 18.8% (±8.2 points) |
| 9 | Wantage Township | 17.9% (±6.3 points) |
| 10 | Stanhope Borough | 13.9% (±6.4 points) |
| 11 | Hampton Township | 13.5% (±4.2 points) |
| 12 | Hopatcong Borough | 12.9% (±2.9 points) |
| 13 | Sparta Township | 12.6% (±3.1 points) |
| 14 | Lafayette Township | 12.0% (±5.1 points) |
| 15 | Ogdensburg Borough | 10.4% (±4.8 points) |
| 16 | Stillwater Township | 9.9% (±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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Stanhope borough, Sussex County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Stanhope borough, Sussex County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Stanhope borough, Sussex County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Stanhope borough, Sussex County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Stanhope borough, Sussex 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 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.
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 Stanhope Borough at a glance
- Median rent in Stanhope Borough
- Rent burden in Stanhope Borough
- Income and affordability in Stanhope Borough
- Home values in Stanhope Borough
- Homeowner costs in Stanhope Borough
- Property taxes in Stanhope Borough
- Types of homes in Stanhope Borough
- Bedrooms in Stanhope Borough
- Age of homes in Stanhope Borough
- Heating fuel in Stanhope Borough
- Commute and cars in Stanhope Borough
- Crime reported to police in Stanhope Borough
- Population growth in Stanhope Borough
- How long people stay in Stanhope Borough
- New Jersey landlord and tenant rules
- Housing across Sussex County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey