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
| Wayne Township | Passaic County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 21.4% (±2.8 points) | 46.9% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 3,922 (±552) | 83,966 (±1,532) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 14,419 (±590) | 94,970 (±1,482) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.1 (±0.2) | 2.8 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 20.5% (±1.5 points) | 21.4% (±2.8 points) | +0.9 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Wayne Township | — | 21.4% (±2.8 points) | — |
| Haledon Borough | 3.0 mi | 52.4% (±8.9 points) | Higher |
| Totowa Borough | 3.2 mi | 26.4% (±8.1 points) | Not measurably different |
| Pequannock Township | 3.3 mi | 17.0% (±3.5 points) | Not measurably different |
| North Haledon Borough | 3.4 mi | 6.3% (±3.2 points) | Lower |
| Lincoln Park Borough | 3.4 mi | 20.8% (±5.4 points) | Not measurably different |
| Pompton Plains | 3.6 mi | 18.8% (±4.3 points) | Not measurably different |
| Prospect Park Borough | 3.7 mi | 58.0% (±10.7 points) | Higher |
| Singac | 4.2 mi | 23.8% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 6 | Woodland Park Borough | 37.0% (±5.9 points) |
| 7 | Hawthorne Borough | 30.9% (±4.0 points) |
| 8 (tie) | Bloomingdale Borough | 28.8% (±7.1 points) |
| 8 (tie) | Little Falls Township | 28.8% (±4.8 points) |
| 10 | Totowa Borough | 26.4% (±8.1 points) |
| 11 | Wanaque Borough | 21.9% (±6.0 points) |
| 12 | Wayne Township | 21.4% (±2.8 points) |
| 13 | Pompton Lakes Borough | 19.6% (±6.7 points) |
| 14 | West Milford Township | 11.3% (±2.4 points) |
| 15 | North Haledon Borough | 6.3% (±3.2 points) |
| 16 | Ringwood Borough | 3.8% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wayne township, Passaic County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wayne township, Passaic County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Wayne township, Passaic County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wayne township, Passaic County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Wayne township, Passaic 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 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.
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 Wayne Township at a glance
- Median rent in Wayne Township
- Rent by bedrooms in Wayne Township
- Rent burden in Wayne Township
- Income and affordability in Wayne Township
- Home values in Wayne Township
- Homeowner costs in Wayne Township
- Property taxes in Wayne Township
- Types of homes in Wayne Township
- Bedrooms in Wayne Township
- Age of homes in Wayne Township
- Vacancy rate in Wayne Township
- Heating fuel in Wayne Township
- Commute and cars in Wayne Township
- Crime reported to police in Wayne Township
- Population growth in Wayne Township
- How long people stay in Wayne Township
- Crowding and facilities in Wayne Township
- Fair Market Rent in Wayne Township
- Local landlord and tenant rules in Wayne Township
- New Jersey landlord and tenant rules
- Housing across Passaic County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey