What percentage of people rent in Montgomery Township (Montgomery County), PA?
10.6% (±2.2 points) of the occupied homes in Montgomery Township (Montgomery County), PA are rented (2020–2024 American Community Survey).
That is 1,050 renting households against 8,867 that own their home.
In Montgomery Township (Montgomery County), the share of households that rent went from 10.8% in 2015–2019 to 10.6% in 2020–2024 (−0.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 10.6% (±2.2 points)
- Renting households
- 1,050 (±218)
- Median renter income
- $93,478 (±$27,185)
Who rents and who owns in Montgomery Township (Montgomery County)
| Montgomery Township (Montgomery County) | Montgomery County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 10.6% (±2.2 points) | 28.6% (±0.6 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 1,050 (±218) | 96,010 (±2,096) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 8,867 (±384) | 239,495 (±2,085) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 2.2 (±0.3) | 2.0 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.1) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $93,478 (±$27,185) | $65,931 (±$1,921) | $47,506 (±$425) | $52,966 |
| Median owner household income | $143,132 (±$13,193) | $141,062 (±$1,682) | $95,990 (±$362) | $100,009 |
In Montgomery Township (Montgomery County), the renter share is lower than in Montgomery County (28.6%).
It is also lower than in Pennsylvania (30.7%).
It is lower than the national figure (34.8%).
In Montgomery County, Montgomery Township (Montgomery County) ranks 57 of 62 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1995 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Montgomery Township (Montgomery County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 10.8% (±2.3 points) | 10.6% (±2.2 points) | −0.2 percentage points | Not a measurable change |
| Median gross rent | $1,688 (±$109) | $2,076 (±$218) | +23.0% | No measurable change after inflation |
| Median household income | $110,043 (±$10,369) | $134,074 (±$13,188) | +21.8% | 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 Montgomery Township (Montgomery County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Montgomery Township (Montgomery County) | — | 10.6% (±2.2 points) | — |
| Brittany Farms-The Highlands | 1.9 mi | 28.9% (±7.5 points) | Higher |
| Lansdale | 2.5 mi | 44.7% (±4.2 points) | Higher |
| North Wales | 3.1 mi | 25.6% (±11.0 points) | Higher |
| Chalfont | 3.4 mi | 17.3% (±10.5 points) | Not measurably different |
| Hatfield Township | 3.7 mi | 37.3% (±3.2 points) | Higher |
| Lower Gwynedd Township | 3.8 mi | 22.0% (±3.5 points) | Higher |
| Upper Gwynedd Township | 3.8 mi | 26.4% (±4.1 points) | Higher |
| Warrington Township (Bucks County) | 4.0 mi | 18.4% (±2.9 points) | Higher |
Nearby places with a measurably higher figure: Brittany Farms-The Highlands, PA (28.9%), Lansdale, PA (44.7%), North Wales, PA (25.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Montgomery County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 51 | Marlborough Township | 15.1% (±7.8 points) |
| 52 | Worcester Township | 14.7% (±4.3 points) |
| 53 | Douglass Township (Montgomery County) | 13.6% (±3.3 points) |
| 54 | Lower Moreland Township | 12.6% (±2.1 points) |
| 55 | Upper Pottsgrove Township | 11.0% (±7.6 points) |
| 56 | Perkiomen Township | 10.9% (±3.2 points) |
| 57 | Montgomery Township (Montgomery County) | 10.6% (±2.2 points) |
| 58 | Upper Salford Township | 8.4% (±5.2 points) |
| 59 | Salford Township | 7.4% (±3.5 points) |
| 60 | Skippack Township | 5.0% (±3.1 points) |
| 61 | Upper Hanover Township | 4.5% (±2.7 points) |
| 62 | New Hanover Township | 1.9% (±1.0 points) |
Showing 12 of 62 places in Montgomery County, ranked from highest to lowest.
The figures for Montgomery Township (Montgomery County) include the places inside it that have pages of their own: Montgomeryville.
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 Montgomery Township (Montgomery County)
How many renters are there in Montgomery Township (Montgomery County)?
Montgomery Township (Montgomery County) has an estimated 1,050 (±218) renting households, 10.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Montgomery Township (Montgomery County)?
In Montgomery Township (Montgomery County), the share of households that rent went from 10.8% in 2015–2019 to 10.6% in 2020–2024 (−0.2 percentage points), not a measurable change.
How big are renting households in Montgomery Township (Montgomery County)?
A renting household in Montgomery Township (Montgomery County) has 2.2 people on average, against 2.7 in an owned home.
How much do renters earn in Montgomery Township (Montgomery County)?
The median renting household in Montgomery Township (Montgomery County), PA has an income of $93,478 (±$27,185) a year, against $143,132 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Montgomery township, Montgomery County, 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 Montgomery township, Montgomery County, Pennsylvania (county subdivision:50640, in state:42 county:091).
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 Montgomery Township (Montgomery County)
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- Rent burden in Montgomery Township (Montgomery County)
- Income and affordability in Montgomery Township (Montgomery County)
- Home values in Montgomery Township (Montgomery County)
- Homeowner costs in Montgomery Township (Montgomery County)
- Property taxes in Montgomery Township (Montgomery County)
- Types of homes in Montgomery Township (Montgomery County)
- Bedrooms in Montgomery Township (Montgomery County)
- Age of homes in Montgomery Township (Montgomery County)
- Vacancy rate in Montgomery Township (Montgomery County)
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- Crime reported to police in Montgomery Township (Montgomery County)
- Population growth in Montgomery Township (Montgomery County)
- How long people stay in Montgomery Township (Montgomery County)
- Crowding and facilities in Montgomery Township (Montgomery County)
- Fair Market Rent in Montgomery Township (Montgomery County)
- Pennsylvania landlord and tenant rules
- Housing across Montgomery County
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania