What percentage of people rent in New Vernon Township, PA?
15.9% (±7.3 points) of the occupied homes in New Vernon Township, PA are rented (2020–2024 American Community Survey).
That is 33 renting households against 174 that own their home.
In New Vernon Township, the share of households that rent went from 14.1% in 2015–2019 to 15.9% in 2020–2024 (+1.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 15.9% (±7.3 points)
- Renting households
- 33 (±16)
- Median renter income
- $49,821 (±$2,608)
Who rents and who owns in New Vernon Township
| New Vernon Township | Mercer County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.9% (±7.3 points) | 27.6% (±1.3 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 33 (±16) | 12,845 (±625) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 174 (±31) | 33,679 (±697) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 2.0 (±0.4) | 1.9 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.6) | 2.3 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $49,821 (±$2,608) | $34,301 (±$3,562) | $47,506 (±$425) | $52,966 |
| Median owner household income | $75,682 (±$13,101) | $74,426 (±$2,020) | $95,990 (±$362) | $100,009 |
In New Vernon Township, the renter share is lower than in Mercer County (27.6%).
It is also lower than in Pennsylvania (30.7%).
It is lower than the national figure (34.8%).
In Mercer County, New Vernon Township ranks 25 of 48 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1472 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in New Vernon Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 14.1% (±7.6 points) | 15.9% (±7.3 points) | +1.8 percentage points | Not a measurable change |
| Median gross rent | $783 (±$86) | $957 (±$61) | +22.2% | No measurable change after inflation |
| Median household income | $46,125 (±$16,035) | $68,250 (±$12,848) | +48.0% | 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 New Vernon Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| New Vernon Township | — | 15.9% (±7.3 points) | — |
| New Lebanon | 3.8 mi | 19.0% (±13.9 points) | Not measurably different |
| Lake Township (Mercer County) | 3.8 mi | 13.8% (±6.8 points) | Not measurably different |
| Perry Township (Mercer County) | 4.1 mi | 15.9% (±7.3 points) | Not measurably different |
| Sheakleyville | 4.5 mi | 26.8% (±17.3 points) | Not measurably different |
| Deer Creek Township | 4.6 mi | 10.2% (±5.6 points) | Not measurably different |
| Sandy Lake | 4.6 mi | 37.1% (±9.8 points) | Higher |
| Stoneboro | 4.9 mi | 28.7% (±8.0 points) | Higher |
| Mill Creek Township (Mercer County) | 5.3 mi | 19.7% (±7.3 points) | Not measurably different |
Nearby places with a measurably higher figure: Sandy Lake, PA (37.1%), Stoneboro, PA (28.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Mercer County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 19 | Shenango Township (Mercer County) | 19.4% (±6.2 points) |
| 20 | Fairview Township (Mercer County) | 19.1% (±7.0 points) |
| 21 | New Lebanon | 19.0% (±13.9 points) |
| 22 | West Salem Township | 18.7% (±7.1 points) |
| 23 | Salem Township (Mercer County) | 17.2% (±7.9 points) |
| 24 | Sugar Grove Township (Mercer County) | 16.4% (±7.8 points) |
| 25 (tie) | New Vernon Township | 15.9% (±7.3 points) |
| 25 (tie) | Perry Township (Mercer County) | 15.9% (±7.3 points) |
| 27 | South Pymatuning Township | 15.3% (±7.0 points) |
| 28 | Delaware Township (Mercer County) | 15.1% (±12.2 points) |
| 29 | West Middlesex | 14.4% (±6.7 points) |
| 30 | Clark | 14.0% (±8.3 points) |
| 31 | Lake Township (Mercer County) | 13.8% (±6.8 points) |
Showing 13 of 48 places in Mercer 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 New Vernon Township
How many renters are there in New Vernon Township?
New Vernon Township has an estimated 33 (±16) renting households, 15.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in New Vernon Township?
In New Vernon Township, the share of households that rent went from 14.1% in 2015–2019 to 15.9% in 2020–2024 (+1.8 percentage points), not a measurable change.
How big are renting households in New Vernon Township?
A renting household in New Vernon Township has 2.0 people on average, against 2.4 in an owned home.
How much do renters earn in New Vernon Township?
The median renting household in New Vernon Township, PA has an income of $49,821 (±$2,608) a year, against $75,682 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Vernon township, Mercer County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Vernon township, Mercer County, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Vernon township, Mercer County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Vernon township, Mercer County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Vernon township, Mercer 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 New Vernon township, Mercer County, Pennsylvania (county subdivision:54304, in state:42 county:085).
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 New Vernon Township at a glance
- Income and affordability in New Vernon Township
- Home values in New Vernon Township
- Homeowner costs in New Vernon Township
- Property taxes in New Vernon Township
- Types of homes in New Vernon Township
- Bedrooms in New Vernon Township
- Age of homes in New Vernon Township
- Heating fuel in New Vernon Township
- Pennsylvania landlord and tenant rules
- Housing across Mercer County
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania