What percentage of people rent in Elverson, PA?
29.2% (±6.1 points) of the occupied homes in Elverson, PA are rented (2020–2024 American Community Survey).
That is 194 renting households against 470 that own their home.
In Elverson, the share of households that rent went from 23.9% in 2015–2019 to 29.2% in 2020–2024 (+5.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 29.2% (±6.1 points)
- Renting households
- 194 (±49)
- Median renter income
- $21,250 (±$13,895)
Who rents and who owns in Elverson
| Elverson | Chester County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 29.2% (±6.1 points) | 24.9% (±0.7 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 194 (±49) | 51,081 (±1,458) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 470 (±51) | 153,693 (±1,492) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 1.7 (±0.3) | 2.1 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.3) | 2.8 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $21,250 (±$13,895) | $72,048 (±$3,796) | $47,506 (±$425) | $52,966 |
| Median owner household income | $92,500 (±$9,221) | $152,573 (±$2,451) | $95,990 (±$362) | $100,009 |
In Elverson, the renter share is not measurably different from Chester County (24.9%).
It is not measurably different from Pennsylvania (30.7%).
It is not measurably different from the national figure (34.8%).
In Chester County, Elverson ranks 19 of 73 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 667 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Elverson has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.9% (±4.1 points) | 29.2% (±6.1 points) | +5.3 percentage points | Not a measurable change |
| Median gross rent | $823 (±$71) | $826 (±$108) | +0.4% | Down after inflation |
| Median household income | $62,946 (±$9,069) | $78,000 (±$11,477) | +23.9% | 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 Elverson
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Elverson | — | 29.2% (±6.1 points) | — |
| West Nantmeal Township | 2.3 mi | 9.0% (±4.6 points) | Lower |
| Caernarvon Township (Berks County) | 2.9 mi | 16.1% (±5.6 points) | Lower |
| Morgantown | 3.0 mi | 25.8% (±10.8 points) | Not measurably different |
| Warwick Township (Chester County) | 4.2 mi | 12.4% (±4.8 points) | Lower |
| New Morgan | 4.5 mi | 63.6% (±34.5 points) | Not measurably different |
| East Nantmeal Township | 4.6 mi | 9.8% (±4.0 points) | Lower |
| Honey Brook Township | 5.3 mi | 24.7% (±6.8 points) | Not measurably different |
| Union Township (Berks County) | 5.6 mi | 13.4% (±6.2 points) | Lower |
Nearby places with a measurably lower figure: West Nantmeal Township, PA (9.0%), Caernarvon Township (Berks County), PA (16.1%), Warwick Township (Chester County), PA (12.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Chester County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 13 (tie) | Modena | 39.7% (±15.3 points) |
| 13 (tie) | South Coatesville | 39.7% (±8.6 points) |
| 15 | Avondale | 38.3% (±15.6 points) |
| 16 | West Whiteland Township | 36.9% (±4.6 points) |
| 17 | Uwchlan Township | 31.1% (±4.2 points) |
| 18 | Caln Township | 30.1% (±6.0 points) |
| 19 | Elverson | 29.2% (±6.1 points) |
| 20 | East Goshen Township | 28.4% (±3.2 points) |
| 21 | West Goshen Township | 27.8% (±2.5 points) |
| 22 | Tredyffrin Township | 25.7% (±3.2 points) |
| 23 | North Coventry Township | 25.4% (±6.6 points) |
| 24 | Honey Brook Township | 24.7% (±6.8 points) |
| 25 (tie) | West Grove | 23.5% (±8.1 points) |
Showing 13 of 73 places in Chester 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 Elverson
How many renters are there in Elverson?
Elverson has an estimated 194 (±49) renting households, 29.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Elverson?
In Elverson, the share of households that rent went from 23.9% in 2015–2019 to 29.2% in 2020–2024 (+5.3 percentage points), not a measurable change.
How big are renting households in Elverson?
A renting household in Elverson has 1.7 people on average, against 2.4 in an owned home.
How much do renters earn in Elverson?
The median renting household in Elverson, PA has an income of $21,250 (±$13,895) a year, against $92,500 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Elverson borough, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Elverson borough, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Elverson borough, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Elverson borough, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Elverson borough, Pennsylvania
- 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 Elverson borough, Pennsylvania (place:23440, in state:42).
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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- Median rent in Elverson
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- Income and affordability in Elverson
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- Homeowner costs in Elverson
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- Types of homes in Elverson
- Bedrooms in Elverson
- Age of homes in Elverson
- Heating fuel in Elverson
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- Population growth in Elverson
- How long people stay in Elverson
- Pennsylvania landlord and tenant rules
- Housing across Chester County
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania