What percentage of people rent in Victory Gardens Borough, NJ?

Name: Renters and owners in Victory Gardens Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

67.1% (±11.2 points) of the occupied homes in Victory Gardens Borough, NJ are rented (2020–2024 American Community Survey).

That is 454 renting households against 223 that own their home.

In Victory Gardens Borough, the share of households that rent went from 57.0% in 2015–2019 to 67.1% in 2020–2024 (+10.1 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 67.1% (±11.2 points)
Renting households: 454 (±111)
Median renter income: $50,469 (±$19,798)

Who rents and who owns in Victory Gardens Borough

Tenure, estimate (90% margin of error)
	Victory Gardens Borough	Morris County	New Jersey	United States
Renter-occupied share	67.1% (±11.2 points)	25.7% (±0.8 points)	36.2% (±0.2 points)	34.8%
Renting households	454 (±111)	49,683 (±1,568)	1,268,573 (±8,082)	45,017,354
Owning households	223 (±70)	143,562 (±1,613)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.5 (±0.3)	2.1 (±0.0)	2.4 (±0.0)	2.3
Average owner household size	2.8 (±0.7)	2.8 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$50,469 (±$19,798)	$79,949 (±$4,109)	$62,674 (±$718)	$52,966
Median owner household income	$92,731 (±$36,256)	$165,144 (±$2,794)	$133,477 (±$624)	$100,009

In Victory Gardens Borough, the renter share is higher than in Morris County (25.7%).

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

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

In Morris County, Victory Gardens Borough ranks 1 of 39 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 21 of 564.

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

How renting in Victory Gardens Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	57.0% (±7.1 points)	67.1% (±11.2 points)	+10.1 percentage points	Not a measurable change
Median gross rent	$1,229 (±$81)	$1,518 (±$121)	+23.5%	No measurable change after inflation
Median household income	$54,792 (±$4,915)	$62,550 (±$22,564)	+14.2%	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 Victory Gardens Borough

Nearest places with a published estimate, compared with Victory Gardens Borough
Place	Distance	Households that rent	Compared with this place
Victory Gardens Borough	—	67.1% (±11.2 points)	—
Dover Town	1.0 mi	54.0% (±6.5 points)	Lower
Rockaway Borough	1.9 mi	39.6% (±9.6 points)	Lower
Wharton Borough	2.2 mi	41.0% (±8.2 points)	Lower
Mount Hope	3.0 mi	16.9% (±9.0 points)	Lower
Randolph Township	3.0 mi	22.2% (±3.3 points)	Lower
Denville Township	3.0 mi	12.3% (±3.7 points)	Lower
Mine Hill Township	3.0 mi	10.2% (±7.5 points)	Lower
Mount Tabor	3.6 mi	7.3% (±9.4 points)	Lower

Nearby places with a measurably lower figure: Dover Town, NJ (54.0%), 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

Rank	Place	Households that rent
1	Victory Gardens Borough	67.1% (±11.2 points)
2	Morristown Town	63.3% (±3.4 points)
3	Dover Town	54.0% (±6.5 points)
4	Netcong Borough	42.2% (±12.3 points)
5	Wharton Borough	41.0% (±8.2 points)
6	Parsippany-Troy Hills Township	40.4% (±2.5 points)
7	Rockaway Borough	39.6% (±9.6 points)

Showing 7 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 Victory Gardens Borough

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Questions about Victory Gardens Borough

How many renters are there in Victory Gardens Borough?

Victory Gardens Borough has an estimated 454 (±111) renting households, 67.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Victory Gardens Borough?

In Victory Gardens Borough, the share of households that rent went from 57.0% in 2015–2019 to 67.1% in 2020–2024 (+10.1 percentage points), not a measurable change.

How big are renting households in Victory Gardens Borough?

A renting household in Victory Gardens Borough has 2.5 people on average, against 2.8 in an owned home.

How much do renters earn in Victory Gardens Borough?

The median renting household in Victory Gardens Borough, NJ has an income of $50,469 (±$19,798) a year, against $92,731 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 Victory Gardens borough, Morris County, New Jersey (county subdivision:75890, 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.