What percentage of people rent in Prospect Park, PA?
42.0% (±8.5 points) of the occupied homes in Prospect Park, PA are rented (2020–2024 American Community Survey).
That is 1,051 renting households against 1,451 that own their home.
In Prospect Park, the share of households that rent went from 34.1% in 2015–2019 to 42.0% in 2020–2024 (+7.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 42.0% (±8.5 points)
- Renting households
- 1,051 (±277)
- Median renter income
- $38,793 (±$7,724)
Who rents and who owns in Prospect Park
| Prospect Park | Delaware County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 42.0% (±8.5 points) | 30.4% (±0.8 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 1,051 (±277) | 65,930 (±1,885) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 1,451 (±242) | 151,016 (±1,820) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 2.2 (±0.4) | 2.1 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.4) | 2.8 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $38,793 (±$7,724) | $49,812 (±$1,326) | $47,506 (±$425) | $52,966 |
| Median owner household income | $99,750 (±$30,091) | $116,085 (±$2,110) | $95,990 (±$362) | $100,009 |
In Prospect Park, the renter share is higher than in Delaware County (30.4%).
It is also higher than in Pennsylvania (30.7%).
It is not measurably different from the national figure (34.8%).
In Delaware County, Prospect Park ranks 12 of 49 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 295 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Prospect Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 34.1% (±5.9 points) | 42.0% (±8.5 points) | +7.9 percentage points | Not a measurable change |
| Median gross rent | $1,043 (±$90) | $1,183 (±$104) | +13.4% | No measurable change after inflation |
| Median household income | $60,569 (±$4,444) | $63,077 (±$17,968) | +4.1% | 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 Prospect Park
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Prospect Park | — | 42.0% (±8.5 points) | — |
| Norwood | 0.6 mi | 24.3% (±6.2 points) | Lower |
| Ridley Township | 1.0 mi | 26.3% (±3.7 points) | Lower |
| Ridley Park | 1.1 mi | 36.4% (±4.8 points) | Not measurably different |
| Folsom | 1.2 mi | 15.6% (±4.2 points) | Lower |
| Glenolden | 1.2 mi | 23.5% (±5.2 points) | Lower |
| Rutledge | 1.5 mi | 12.5% (±7.9 points) | Lower |
| Folcroft | 1.7 mi | 32.4% (±7.7 points) | Not measurably different |
| Morton | 2.0 mi | 40.7% (±6.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Norwood, PA (24.3%), Ridley Township, PA (26.3%), Folsom, PA (15.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Delaware County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 6 | Colwyn | 55.4% (±9.9 points) |
| 7 | Yeadon | 55.0% (±7.4 points) |
| 8 | Lower Chichester Township | 50.6% (±13.7 points) |
| 9 | Darby | 50.1% (±8.0 points) |
| 10 | Chester Township | 45.0% (±11.6 points) |
| 11 | Upper Darby Township | 42.5% (±2.0 points) |
| 12 (tie) | Prospect Park | 42.0% (±8.5 points) |
| 12 (tie) | Sharon Hill | 42.0% (±11.8 points) |
| 14 | Collingdale | 41.6% (±8.5 points) |
| 15 | Morton | 40.7% (±6.8 points) |
| 16 | Eddystone | 36.8% (±12.2 points) |
| 17 (tie) | East Lansdowne | 36.4% (±16.6 points) |
| 17 (tie) | Ridley Park | 36.4% (±4.8 points) |
Showing 13 of 49 places in Delaware 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 Prospect Park
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Questions about Prospect Park
How many renters are there in Prospect Park?
Prospect Park has an estimated 1,051 (±277) renting households, 42.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Prospect Park?
In Prospect Park, the share of households that rent went from 34.1% in 2015–2019 to 42.0% in 2020–2024 (+7.9 percentage points), not a measurable change.
How big are renting households in Prospect Park?
A renting household in Prospect Park has 2.2 people on average, against 2.7 in an owned home.
How much do renters earn in Prospect Park?
The median renting household in Prospect Park, PA has an income of $38,793 (±$7,724) a year, against $99,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Prospect Park borough, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Prospect Park 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 Prospect Park borough, Pennsylvania (place:62792, 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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- Rent by bedrooms in Prospect Park
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- Income and affordability in Prospect Park
- Home values in Prospect Park
- Homeowner costs in Prospect Park
- Property taxes in Prospect Park
- Types of homes in Prospect Park
- Bedrooms in Prospect Park
- Age of homes in Prospect Park
- Heating fuel in Prospect Park
- Commute and cars in Prospect Park
- Crime reported to police in Prospect Park
- Population growth in Prospect Park
- How long people stay in Prospect Park
- Crowding and facilities in Prospect Park
- Fair Market Rent in Prospect Park
- Pennsylvania landlord and tenant rules
- Housing across Delaware County
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania