What percentage of people rent in Watchung Borough, NJ?

15.9% (±6.7 points) of the occupied homes in Watchung Borough, NJ are rented (2020–2024 American Community Survey).

That is 375 renting households against 1,982 that own their home.

In Watchung Borough, the share of households that rent went from 17.6% in 2015–2019 to 15.9% in 2020–2024 (−1.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
15.9% (±6.7 points)
Renting households
375 (±168)
Median renter income
$82,148 (±$27,407)

Who rents and who owns in Watchung Borough

Tenure, estimate (90% margin of error)
Watchung BoroughSomerset CountyNew JerseyUnited States
Renter-occupied share15.9% (±6.7 points)25.7% (±0.9 points)36.2% (±0.2 points)34.8%
Renting households375 (±168)33,615 (±1,269)1,268,573 (±8,082)45,017,354
Owning households1,982 (±186)97,187 (±1,176)2,239,128 (±10,678)84,210,142
Average renter household size2.2 (±0.6)2.4 (±0.1)2.4 (±0.0)2.3
Average owner household size2.8 (±0.3)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$82,148 (±$27,407)$82,470 (±$5,113)$62,674 (±$718)$52,966
Median owner household income$204,049 (±$51,191)$170,007 (±$3,672)$133,477 (±$624)$100,009

In Watchung Borough, the renter share is lower than in Somerset County (25.7%).

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

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

In Somerset County, Watchung Borough ranks 14 of 21 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 362 of 564.

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

How renting in Watchung Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent17.6% (±6.9 points)15.9% (±6.7 points)−1.7 percentage pointsNot a measurable change
Median gross rent$2,021 (±$253)$2,738 (±$602)+35.5%No measurable change after inflation
Median household income$157,263 (±$17,456)$173,672 (±$13,493)+10.4%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 Watchung Borough

Nearest places with a published estimate, compared with Watchung Borough
PlaceDistanceHouseholds that rentCompared with this place
Watchung Borough—15.9% (±6.7 points)—
North Plainfield Borough1.5 mi46.7% (±4.8 points)Higher
Plainfield2.2 mi55.2% (±2.5 points)Higher
Berkeley Heights Township2.4 mi6.7% (±2.9 points)Lower
Fanwood Borough2.7 mi15.1% (±4.2 points)Not measurably different
Scotch Plains Township3.4 mi21.0% (±3.2 points)Not measurably different
Green Brook Township3.7 mi6.8% (±4.8 points)Lower
Gillette3.8 mi5.6% (±7.7 points)Lower
Stirling3.8 mi16.4% (±8.5 points)Not measurably different

Nearby places with a measurably lower figure: Berkeley Heights Township, NJ (6.7%), Green Brook Township, NJ (6.8%), Gillette, NJ (5.6%).

Nearby places with a measurably higher figure: North Plainfield Borough, NJ (46.7%), Plainfield, NJ (55.2%).

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

Households that rent across Somerset County, place by place

RankPlaceHouseholds that rent
8Manville Borough23.0% (±4.8 points)
9Bedminster Township21.1% (±3.9 points)
10Hillsborough Township20.5% (±2.3 points)
11Peapack and Gladstone Borough20.4% (±11.9 points)
12Bernards Township16.9% (±2.5 points)
13Branchburg Township16.8% (±3.9 points)
14Watchung Borough15.9% (±6.7 points)
15Montgomery Township15.4% (±2.8 points)
16Bridgewater Township15.1% (±2.1 points)
17Far Hills Borough12.9% (±5.3 points)
18Warren Township11.8% (±6.2 points)
19Millstone Borough10.1% (±5.4 points)
20Green Brook Township6.8% (±4.8 points)

Showing 13 of 21 places in Somerset 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 Watchung Borough

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Questions about Watchung Borough

How many renters are there in Watchung Borough?

Watchung Borough has an estimated 375 (±168) renting households, 15.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Watchung Borough?

In Watchung Borough, the share of households that rent went from 17.6% in 2015–2019 to 15.9% in 2020–2024 (−1.7 percentage points), not a measurable change.

How big are renting households in Watchung Borough?

A renting household in Watchung Borough has 2.2 people on average, against 2.8 in an owned home.

How much do renters earn in Watchung Borough?

The median renting household in Watchung Borough, NJ has an income of $82,148 (±$27,407) a year, against $204,049 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 Watchung borough, Somerset County, New Jersey (county subdivision:77600, in state:34 county:035).

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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