What percentage of people rent in Towamencin Township, PA?
33.9% (±4.2 points) of the occupied homes in Towamencin Township, PA are rented (2020–2024 American Community Survey).
That is 2,502 renting households against 4,877 that own their home.
In Towamencin Township, the share of households that rent went from 31.2% in 2015–2019 to 33.9% in 2020–2024 (+2.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 33.9% (±4.2 points)
- Renting households
- 2,502 (±365)
- Median renter income
- $67,105 (±$6,119)
Who rents and who owns in Towamencin Township
| Towamencin Township | Montgomery County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 33.9% (±4.2 points) | 28.6% (±0.6 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 2,502 (±365) | 96,010 (±2,096) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 4,877 (±316) | 239,495 (±2,085) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 1.9 (±0.2) | 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 | $67,105 (±$6,119) | $65,931 (±$1,921) | $47,506 (±$425) | $52,966 |
| Median owner household income | $140,895 (±$8,454) | $141,062 (±$1,682) | $95,990 (±$362) | $100,009 |
In Towamencin Township, the renter share is higher than in Montgomery County (28.6%).
It is not measurably different from Pennsylvania (30.7%).
It is not measurably different from the national figure (34.8%).
In Montgomery County, Towamencin Township ranks 20 of 62 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 508 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Towamencin Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 31.2% (±2.9 points) | 33.9% (±4.2 points) | +2.7 percentage points | Not a measurable change |
| Median gross rent | $1,263 (±$85) | $1,753 (±$134) | +38.8% | Up after inflation |
| Median household income | $85,811 (±$3,194) | $100,396 (±$11,957) | +17.0% | 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 Towamencin Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Towamencin Township | — | 33.9% (±4.2 points) | — |
| Lansdale | 3.0 mi | 44.7% (±4.2 points) | Higher |
| Hatfield | 3.2 mi | 51.6% (±9.7 points) | Higher |
| Lower Salford Township | 3.4 mi | 26.6% (±4.3 points) | Lower |
| Worcester Township | 3.5 mi | 14.7% (±4.3 points) | Lower |
| Upper Gwynedd Township | 3.5 mi | 26.4% (±4.1 points) | Lower |
| Hatfield Township | 3.6 mi | 37.3% (±3.2 points) | Not measurably different |
| Skippack | 3.6 mi | 7.4% (±4.8 points) | Lower |
| Harleysville | 3.6 mi | 36.9% (±4.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Lower Salford Township, PA (26.6%), Worcester Township, PA (14.7%), Upper Gwynedd Township, PA (26.4%).
Nearby places with a measurably higher figure: Lansdale, PA (44.7%), 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 |
|---|---|---|
| 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) |
| 23 | Bryn Athyn | 32.6% (±8.5 points) |
| 24 | West Norriton Township | 32.3% (±5.5 points) |
| 25 | Green Lane | 32.1% (±14.5 points) |
| 26 | East Norriton Township | 30.5% (±4.3 points) |
Showing 13 of 62 places in Montgomery County, ranked from highest to lowest.
The figures for Towamencin Township include the places inside it that have pages of their own: Kulpsville.
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 Towamencin Township
How many renters are there in Towamencin Township?
Towamencin Township has an estimated 2,502 (±365) renting households, 33.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Towamencin Township?
In Towamencin Township, the share of households that rent went from 31.2% in 2015–2019 to 33.9% in 2020–2024 (+2.7 percentage points), not a measurable change.
How big are renting households in Towamencin Township?
A renting household in Towamencin Township has 1.9 people on average, against 2.7 in an owned home.
How much do renters earn in Towamencin Township?
The median renting household in Towamencin Township, PA has an income of $67,105 (±$6,119) a year, against $140,895 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Towamencin township, Montgomery County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Towamencin township, Montgomery County, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Towamencin township, Montgomery County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Towamencin township, Montgomery County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Towamencin 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 Towamencin township, Montgomery County, Pennsylvania (county subdivision:77152, 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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- Pennsylvania landlord and tenant rules
- Housing across Montgomery County
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania