What percentage of people rent in West Caldwell Township, NJ?
14.2% (±3.7 points) of the occupied homes in West Caldwell Township, NJ are rented (2020–2024 American Community Survey).
That is 581 renting households against 3,500 that own their home.
In West Caldwell Township, the share of households that rent went from 13.9% in 2015–2019 to 14.2% in 2020–2024 (+0.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 14.2% (±3.7 points)
- Renting households
- 581 (±160)
- Median renter income
- $86,589 (±$33,814)
Who rents and who owns in West Caldwell Township
| West Caldwell Township | Essex County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 14.2% (±3.7 points) | 55.1% (±0.7 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 581 (±160) | 176,209 (±2,405) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 3,500 (±190) | 143,579 (±2,304) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 1.6 (±0.3) | 2.4 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.1) | 3.0 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $86,589 (±$33,814) | $51,273 (±$1,337) | $62,674 (±$718) | $52,966 |
| Median owner household income | $165,278 (±$21,289) | $148,058 (±$3,829) | $133,477 (±$624) | $100,009 |
In West Caldwell Township, the renter share is lower than in Essex County (55.1%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Essex County, West Caldwell Township ranks 18 of 22 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 382 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in West Caldwell Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 13.9% (±2.4 points) | 14.2% (±3.7 points) | +0.3 percentage points | Not a measurable change |
| Median gross rent | $1,894 (±$175) | $1,877 (±$278) | −0.9% | Down after inflation |
| Median household income | $127,989 (±$8,925) | $158,467 (±$5,065) | +23.8% | 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 West Caldwell Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| West Caldwell Township | — | 14.2% (±3.7 points) | — |
| Caldwell Borough | 1.1 mi | 58.1% (±6.3 points) | Higher |
| Essex Fells Borough | 1.6 mi | 3.6% (±2.4 points) | Lower |
| Roseland Borough | 1.9 mi | 17.7% (±6.1 points) | Not measurably different |
| North Caldwell Borough | 2.2 mi | 2.1% (±1.9 points) | Lower |
| Fairfield Township (Essex County) | 2.5 mi | 21.3% (±9.3 points) | Not measurably different |
| Verona Township | 2.9 mi | 20.7% (±3.4 points) | Higher |
| Pine Brook | 3.0 mi | 35.3% (±10.4 points) | Higher |
| Pleasantdale | 3.2 mi | 6.2% (±9.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Essex Fells Borough, NJ (3.6%), North Caldwell Borough, NJ (2.1%).
Nearby places with a measurably higher figure: Caldwell Borough, NJ (58.1%), Verona Township, NJ (20.7%), Pine Brook, NJ (35.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Essex County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 12 | Maplewood Township | 25.1% (±3.3 points) |
| 13 | Fairfield Township (Essex County) | 21.3% (±9.3 points) |
| 14 | Verona Township | 20.7% (±3.4 points) |
| 15 | Millburn Township | 18.7% (±2.6 points) |
| 16 | Roseland Borough | 17.7% (±6.1 points) |
| 17 | Cedar Grove Township | 15.8% (±3.1 points) |
| 18 | West Caldwell Township | 14.2% (±3.7 points) |
| 19 | Livingston Township | 11.1% (±2.1 points) |
| 20 | Glen Ridge Borough | 8.9% (±3.8 points) |
| 21 | Essex Fells Borough | 3.6% (±2.4 points) |
| 22 | North Caldwell Borough | 2.1% (±1.9 points) |
Showing 11 of 22 places in Essex 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.
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Questions about West Caldwell Township
How many renters are there in West Caldwell Township?
West Caldwell Township has an estimated 581 (±160) renting households, 14.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in West Caldwell Township?
In West Caldwell Township, the share of households that rent went from 13.9% in 2015–2019 to 14.2% in 2020–2024 (+0.3 percentage points), not a measurable change.
How big are renting households in West Caldwell Township?
A renting household in West Caldwell Township has 1.6 people on average, against 2.8 in an owned home.
How much do renters earn in West Caldwell Township?
The median renting household in West Caldwell Township, NJ has an income of $86,589 (±$33,814) a year, against $165,278 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — West Caldwell township, Essex County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — West Caldwell township, Essex County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — West Caldwell township, Essex County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — West Caldwell township, Essex County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — West Caldwell township, Essex 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 West Caldwell township, Essex County, New Jersey (county subdivision:78510, in state:34 county:013).
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
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- Homeowner costs in West Caldwell Township
- Property taxes in West Caldwell Township
- Types of homes in West Caldwell Township
- Bedrooms in West Caldwell Township
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- Crime reported to police in West Caldwell Township
- Population growth in West Caldwell Township
- How long people stay in West Caldwell Township
- Crowding and facilities in West Caldwell Township
- Local landlord and tenant rules in West Caldwell Township
- New Jersey landlord and tenant rules
- Housing across Essex County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey