What percentage of people rent in Souderton, PA?
38.0% (±4.7 points) of the occupied homes in Souderton, PA are rented (2020–2024 American Community Survey).
That is 1,057 renting households against 1,724 that own their home.
In Souderton, the share of households that rent went from 40.4% in 2015–2019 to 38.0% in 2020–2024 (−2.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 38.0% (±4.7 points)
- Renting households
- 1,057 (±141)
- Median renter income
- $45,703 (±$14,325)
Who rents and who owns in Souderton
| Souderton | Montgomery County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 38.0% (±4.7 points) | 28.6% (±0.6 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 1,057 (±141) | 96,010 (±2,096) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 1,724 (±181) | 239,495 (±2,085) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 2.4 (±0.4) | 2.0 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $45,703 (±$14,325) | $65,931 (±$1,921) | $47,506 (±$425) | $52,966 |
| Median owner household income | $121,406 (±$17,268) | $141,062 (±$1,682) | $95,990 (±$362) | $100,009 |
In Souderton, the renter share is higher than in Montgomery County (28.6%).
It is also higher than in Pennsylvania (30.7%).
It is not measurably different from the national figure (34.8%).
In Montgomery County, Souderton ranks 16 of 62 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 401 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Souderton has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 40.4% (±5.9 points) | 38.0% (±4.7 points) | −2.4 percentage points | Not a measurable change |
| Median gross rent | $993 (±$95) | $1,297 (±$94) | +30.6% | No measurable change after inflation |
| Median household income | $67,423 (±$8,978) | $93,537 (±$5,643) | +38.7% | 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 Souderton
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Souderton | — | 38.0% (±4.7 points) | — |
| Telford | 1.0 mi | 38.1% (±5.3 points) | Not measurably different |
| Franconia Township | 2.0 mi | 16.6% (±3.8 points) | Lower |
| Hatfield | 2.6 mi | 51.6% (±9.7 points) | Higher |
| Hatfield Township | 2.9 mi | 37.3% (±3.2 points) | Not measurably different |
| Sellersville | 3.5 mi | 34.5% (±7.8 points) | Not measurably different |
| Silverdale | 3.7 mi | 11.8% (±6.8 points) | Lower |
| West Rockhill Township | 4.0 mi | 21.0% (±6.7 points) | Lower |
| Harleysville | 4.1 mi | 36.9% (±4.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Franconia Township, PA (16.6%), Silverdale, PA (11.8%), West Rockhill Township, PA (21.0%).
Nearby places with a measurably higher figure: Hatfield, PA (51.6%).
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 |
|---|---|---|
| 9 (tie) | Narberth | 44.7% (±7.8 points) |
| 11 | Upper Moreland Township | 42.2% (±3.4 points) |
| 12 | Schwenksville | 41.6% (±6.7 points) |
| 13 | Hatboro | 41.5% (±5.8 points) |
| 14 | East Greenville | 40.3% (±7.9 points) |
| 15 | Telford | 38.1% (±5.3 points) |
| 16 | Souderton | 38.0% (±4.7 points) |
| 17 | Cheltenham Township | 37.4% (±2.7 points) |
| 18 | Hatfield Township | 37.3% (±3.2 points) |
| 19 | West Pottsgrove Township | 34.9% (±6.7 points) |
| 20 | Towamencin Township | 33.9% (±4.2 points) |
| 21 | Plymouth Township (Montgomery County) | 33.1% (±3.1 points) |
| 22 | Jenkintown | 32.7% (±7.7 points) |
Showing 13 of 62 places in Montgomery 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 Souderton
How many renters are there in Souderton?
Souderton has an estimated 1,057 (±141) renting households, 38.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Souderton?
In Souderton, the share of households that rent went from 40.4% in 2015–2019 to 38.0% in 2020–2024 (−2.4 percentage points), not a measurable change.
How big are renting households in Souderton?
A renting household in Souderton has 2.4 people on average, against 2.7 in an owned home.
How much do renters earn in Souderton?
The median renting household in Souderton, PA has an income of $45,703 (±$14,325) a year, against $121,406 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Souderton borough, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Souderton borough, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Souderton borough, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Souderton borough, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Souderton 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 Souderton borough, Pennsylvania (place:71856, 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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- Population growth in Souderton
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- Pennsylvania landlord and tenant rules
- Housing across Montgomery County
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- Housing data for every place in Pennsylvania