What percentage of people rent in Teaneck Township, NJ?
22.5% (±2.6 points) of the occupied homes in Teaneck Township, NJ are rented (2020–2024 American Community Survey).
That is 3,086 renting households against 10,630 that own their home.
In Teaneck Township, the share of households that rent went from 27.3% in 2015–2019 to 22.5% in 2020–2024 (−4.8 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 22.5% (±2.6 points)
- Renting households
- 3,086 (±387)
- Median renter income
- $89,016 (±$12,542)
Who rents and who owns in Teaneck Township
| Teaneck Township | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 22.5% (±2.6 points) | 34.7% (±0.7 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 3,086 (±387) | 123,102 (±2,634) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 10,630 (±560) | 232,025 (±2,535) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.4 (±0.2) | 2.3 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.2 (±0.2) | 2.9 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $89,016 (±$12,542) | $74,953 (±$1,923) | $62,674 (±$718) | $52,966 |
| Median owner household income | $163,561 (±$12,951) | $160,914 (±$2,251) | $133,477 (±$624) | $100,009 |
In Teaneck Township, the renter share is lower than in Bergen County (34.7%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Bergen County, Teaneck Township ranks 38 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 275 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Teaneck Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 27.3% (±2.3 points) | 22.5% (±2.6 points) | −4.8 percentage points | Measurable decrease |
| Median gross rent | $1,483 (±$79) | $1,832 (±$108) | +23.5% | No measurable change after inflation |
| Median household income | $111,821 (±$8,901) | $144,075 (±$9,736) | +28.8% | 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 Teaneck Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Teaneck Township | — | 22.5% (±2.6 points) | — |
| Bogota Borough | 1.5 mi | 32.6% (±7.1 points) | Higher |
| Hackensack | 1.8 mi | 63.4% (±2.7 points) | Higher |
| Englewood | 2.0 mi | 45.5% (±4.2 points) | Higher |
| Leonia Borough | 2.2 mi | 30.1% (±4.6 points) | Higher |
| Bergenfield Borough | 2.3 mi | 29.4% (±3.5 points) | Higher |
| Ridgefield Park Village | 2.5 mi | 39.9% (±5.1 points) | Higher |
| South Hackensack Township | 2.6 mi | 49.7% (±10.4 points) | Higher |
| Maywood Borough | 2.9 mi | 30.9% (±5.0 points) | Higher |
Nearby places with a measurably higher figure: Bogota Borough, NJ (32.6%), Hackensack, NJ (63.4%), Englewood, NJ (45.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Bergen County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 32 | Midland Park Borough | 27.4% (±8.1 points) |
| 33 | Dumont Borough | 27.3% (±4.5 points) |
| 34 | River Edge Borough | 23.8% (±4.5 points) |
| 35 | Northvale Borough | 23.7% (±7.1 points) |
| 36 | Moonachie Borough | 22.8% (±9.7 points) |
| 37 | Rochelle Park Township | 22.6% (±7.2 points) |
| 38 | Teaneck Township | 22.5% (±2.6 points) |
| 39 (tie) | Cresskill Borough | 21.9% (±5.4 points) |
| 39 (tie) | Fair Lawn Borough | 21.9% (±2.9 points) |
| 41 | Rockleigh Borough | 21.3% (±15.1 points) |
| 42 (tie) | Norwood Borough | 20.8% (±7.2 points) |
| 42 (tie) | Ramsey Borough | 20.8% (±3.8 points) |
| 44 | Montvale Borough | 20.0% (±6.4 points) |
Showing 13 of 70 places in Bergen 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 Teaneck Township
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Questions about Teaneck Township
How many renters are there in Teaneck Township?
Teaneck Township has an estimated 3,086 (±387) renting households, 22.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Teaneck Township?
In Teaneck Township, the share of households that rent went from 27.3% in 2015–2019 to 22.5% in 2020–2024 (−4.8 percentage points), a measurable decrease.
How big are renting households in Teaneck Township?
A renting household in Teaneck Township has 2.4 people on average, against 3.2 in an owned home.
How much do renters earn in Teaneck Township?
The median renting household in Teaneck Township, NJ has an income of $89,016 (±$12,542) a year, against $163,561 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Teaneck township, Bergen County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Teaneck township, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Teaneck township, Bergen County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Teaneck township, Bergen County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Teaneck township, Bergen 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 Teaneck township, Bergen County, New Jersey (county subdivision:72360, in state:34 county:003).
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 Teaneck Township at a glance
- Median rent in Teaneck Township
- Rent by bedrooms in Teaneck Township
- Rent burden in Teaneck Township
- Income and affordability in Teaneck Township
- Home values in Teaneck Township
- Homeowner costs in Teaneck Township
- Property taxes in Teaneck Township
- Types of homes in Teaneck Township
- Bedrooms in Teaneck Township
- Age of homes in Teaneck Township
- Vacancy rate in Teaneck Township
- Heating fuel in Teaneck Township
- Commute and cars in Teaneck Township
- Crime reported to police in Teaneck Township
- Population growth in Teaneck Township
- How long people stay in Teaneck Township
- Crowding and facilities in Teaneck Township
- Fair Market Rent in Teaneck Township
- Local landlord and tenant rules in Teaneck Township
- New Jersey landlord and tenant rules
- Housing across Bergen County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey