What percentage of people rent in Wayne Township, NJ?

21.4% (±2.8 points) of the occupied homes in Wayne Township, NJ are rented (2020–2024 American Community Survey).

That is 3,922 renting households against 14,419 that own their home.

In Wayne Township, the share of households that rent went from 20.5% in 2015–2019 to 21.4% in 2020–2024 (+0.9 percentage points), not a measurable change.

Figures last updated on .

Households that rent
21.4% (±2.8 points)
Renting households
3,922 (±552)
Median renter income
$76,692 (±$22,287)

Who rents and who owns in Wayne Township

Tenure, estimate (90% margin of error)
Wayne TownshipPassaic CountyNew JerseyUnited States
Renter-occupied share21.4% (±2.8 points)46.9% (±0.8 points)36.2% (±0.2 points)34.8%
Renting households3,922 (±552)83,966 (±1,532)1,268,573 (±8,082)45,017,354
Owning households14,419 (±590)94,970 (±1,482)2,239,128 (±10,678)84,210,142
Average renter household size2.1 (±0.2)2.8 (±0.0)2.4 (±0.0)2.3
Average owner household size3.0 (±0.1)2.9 (±0.0)2.8 (±0.0)2.6
Median renter household income$76,692 (±$22,287)$51,907 (±$1,513)$62,674 (±$718)$52,966
Median owner household income$171,514 (±$9,330)$129,820 (±$3,218)$133,477 (±$624)$100,009

In Wayne Township, the renter share is lower than in Passaic County (46.9%).

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

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

In Passaic County, Wayne Township ranks 12 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 286 of 564.

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

How renting in Wayne Township 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% (±1.5 points)21.4% (±2.8 points)+0.9 percentage pointsNot a measurable change
Median gross rent$1,672 (±$66)$2,164 (±$86)+29.4%No measurable change after inflation
Median household income$123,204 (±$4,926)$153,056 (±$8,248)+24.2%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 Wayne Township

Nearest places with a published estimate, compared with Wayne Township
PlaceDistanceHouseholds that rentCompared with this place
Wayne Township—21.4% (±2.8 points)—
Haledon Borough3.0 mi52.4% (±8.9 points)Higher
Totowa Borough3.2 mi26.4% (±8.1 points)Not measurably different
Pequannock Township3.3 mi17.0% (±3.5 points)Not measurably different
North Haledon Borough3.4 mi6.3% (±3.2 points)Lower
Lincoln Park Borough3.4 mi20.8% (±5.4 points)Not measurably different
Pompton Plains3.6 mi18.8% (±4.3 points)Not measurably different
Prospect Park Borough3.7 mi58.0% (±10.7 points)Higher
Singac4.2 mi23.8% (±10.5 points)Not measurably different

Nearby places with a measurably lower figure: North Haledon Borough, NJ (6.3%).

Nearby places with a measurably higher figure: Haledon Borough, NJ (52.4%), Prospect Park Borough, NJ (58.0%).

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

Households that rent across Passaic County, place by place

RankPlaceHouseholds that rent
6Woodland Park Borough37.0% (±5.9 points)
7Hawthorne Borough30.9% (±4.0 points)
8 (tie)Bloomingdale Borough28.8% (±7.1 points)
8 (tie)Little Falls Township28.8% (±4.8 points)
10Totowa Borough26.4% (±8.1 points)
11Wanaque Borough21.9% (±6.0 points)
12Wayne Township21.4% (±2.8 points)
13Pompton Lakes Borough19.6% (±6.7 points)
14West Milford Township11.3% (±2.4 points)
15North Haledon Borough6.3% (±3.2 points)
16Ringwood Borough3.8% (±2.0 points)

Showing 11 of 16 places in Passaic County, ranked from highest to lowest.

The figures for Wayne Township include the places inside it that have pages of their own: Packanack Lake, Pines Lake, Preakness, William Paterson University of New Jersey.

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 Wayne Township

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Questions about Wayne Township

How many renters are there in Wayne Township?

Wayne Township has an estimated 3,922 (±552) renting households, 21.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Wayne Township?

In Wayne Township, the share of households that rent went from 20.5% in 2015–2019 to 21.4% in 2020–2024 (+0.9 percentage points), not a measurable change.

How big are renting households in Wayne Township?

A renting household in Wayne Township has 2.1 people on average, against 3.0 in an owned home.

How much do renters earn in Wayne Township?

The median renting household in Wayne Township, NJ has an income of $76,692 (±$22,287) a year, against $171,514 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 Wayne township, Passaic County, New Jersey (county subdivision:77840, in state:34 county:031).

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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