What percentage of people rent in Nicholson, PA?
21.3% (±9.3 points) of the occupied homes in Nicholson, PA are rented (2020–2024 American Community Survey).
That is 56 renting households against 207 that own their home.
In Nicholson, the share of households that rent went from 39.1% in 2015–2019 to 21.3% in 2020–2024 (−17.8 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 21.3% (±9.3 points)
- Renting households
- 56 (±29)
- Median renter income
- $41,667 (±$27,293)
Who rents and who owns in Nicholson
| Nicholson | Wyoming County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 21.3% (±9.3 points) | 22.1% (±2.0 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 56 (±29) | 2,410 (±228) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 207 (±37) | 8,502 (±246) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 2.0 (±0.6) | 2.1 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.4) | 2.4 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $41,667 (±$27,293) | $47,417 (±$5,229) | $47,506 (±$425) | $52,966 |
| Median owner household income | $72,344 (±$20,907) | $80,579 (±$4,189) | $95,990 (±$362) | $100,009 |
In Nicholson, the renter share is not measurably different from Wyoming County (22.1%).
It is also lower than in Pennsylvania (30.7%).
It is lower than the national figure (34.8%).
In Wyoming County, Nicholson ranks 12 of 23 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1059 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Nicholson has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 39.1% (±9.2 points) | 21.3% (±9.3 points) | −17.8 percentage points | Measurable decrease |
| Median gross rent | $791 (±$80) | $758 (±$273) | −4.2% | No measurable change after inflation |
| Median household income | $56,964 (±$12,504) | $67,344 (±$17,102) | +18.2% | 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 Nicholson
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Nicholson | — | 21.3% (±9.3 points) | — |
| Nicholson Township (Wyoming County) | 1.7 mi | 12.2% (±7.1 points) | Not measurably different |
| Lathrop Township | 3.5 mi | 25.9% (±7.9 points) | Not measurably different |
| Clinton Township (Wyoming County) | 4.5 mi | 15.1% (±5.9 points) | Not measurably different |
| Factoryville | 4.8 mi | 32.0% (±9.5 points) | Not measurably different |
| Benton Township (Lackawanna County) | 4.8 mi | 13.5% (±6.4 points) | Not measurably different |
| La Plume Township | 5.0 mi | 25.1% (±11.0 points) | Not measurably different |
| Hop Bottom | 5.3 mi | 19.4% (±15.0 points) | Not measurably different |
| Lemon Township | 6.3 mi | 29.4% (±8.0 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Wyoming County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 6 | Factoryville | 32.0% (±9.5 points) |
| 7 | Washington Township (Wyoming County) | 29.8% (±12.4 points) |
| 8 | Lemon Township | 29.4% (±8.0 points) |
| 9 (tie) | Eaton Township | 23.7% (±7.5 points) |
| 9 (tie) | Overfield Township | 23.7% (±9.1 points) |
| 11 | Meshoppen Township | 23.4% (±8.9 points) |
| 12 | Nicholson | 21.3% (±9.3 points) |
| 13 | Noxen Township | 17.4% (±6.0 points) |
| 14 | Tunkhannock Township (Wyoming County) | 15.7% (±6.4 points) |
| 15 | Monroe Township (Wyoming County) | 15.2% (±6.3 points) |
| 16 | Clinton Township (Wyoming County) | 15.1% (±5.9 points) |
| 17 | Exeter Township (Wyoming County) | 14.8% (±7.4 points) |
| 18 | North Branch Township | 13.7% (±9.2 points) |
Showing 13 of 23 places in Wyoming 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.
What you can do on Seayora in Nicholson
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Nicholson, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Nicholson beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Nicholson, and send estimates and invoices from your phone.
Questions about Nicholson
How many renters are there in Nicholson?
Nicholson has an estimated 56 (±29) renting households, 21.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Nicholson?
In Nicholson, the share of households that rent went from 39.1% in 2015–2019 to 21.3% in 2020–2024 (−17.8 percentage points), a measurable decrease.
How big are renting households in Nicholson?
A renting household in Nicholson has 2.0 people on average, against 2.8 in an owned home.
How much do renters earn in Nicholson?
The median renting household in Nicholson, PA has an income of $41,667 (±$27,293) a year, against $72,344 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Nicholson borough, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Nicholson borough, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Nicholson borough, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Nicholson borough, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Nicholson 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 Nicholson borough, Pennsylvania (place:54400, 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
- Housing in Nicholson at a glance
- Income and affordability in Nicholson
- Home values in Nicholson
- Homeowner costs in Nicholson
- Property taxes in Nicholson
- Types of homes in Nicholson
- Bedrooms in Nicholson
- Age of homes in Nicholson
- Heating fuel in Nicholson
- Commute and cars in Nicholson
- Pennsylvania landlord and tenant rules
- Housing across Wyoming County
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania