Department of Numbers

Vineland New Jersey Residential Rent and Rental Statistics

The median monthly gross residential rent in Vineland, NJ (the Vineland-Millville-Bridgeton metro area) was $980 in 2015 according to the Census ACS survey.1 Average gross rent in Vineland was $927 in 2015. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2016 Vineland median and average rent data will be released in September of 2017.

Data is also available below for Vineland rental vacancy rates, Vineland rent as a percent of median income and the fraction of renters in Vineland.

Show dollars as: Nominal Real

Real Gross Rent in Vineland New Jersey (2015 dollars)2

2015 1 Year Change 3 Year Change
US Median Gross Rent $959 +3.12% +8.24%
New Jersey Median Gross Rent $1,214 +1.51% +5.47%
Vineland, NJ Median Gross Rent $980 +4.14% +1.55%

Vineland, NJ Real Gross Rent Trends

At $980, real median gross rent in Vineland was at its highest level in 2015 since the series began in 2005. Average gross rent for Vineland peaked in real terms in 2011 at $943 and is now $16 (1.70%) lower.

Real Gross Rent in Vineland: Vineland NJ Median, Vineland NJ Average, New Jersey Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Vineland

Date US
Median
New Jersey
Median
Vineland, NJ
Median
Vineland, NJ
Average
2015 $959 $1,214 $980 $927
2014 $930 $1,196 $941 $938
2013 $898 $1,162 $954 $882
2012 $886 $1,151 $965 $910
2011 $887 $1,156 $974 $943
2010 $901 $1,173 $951 $861
2009 $905 $1,190 $939 $925
2008 $920 $1,192 $931 $898
2007 $874 $1,136 $905 $832
2006 $883 $1,127 $901 $818
2005 $858 $1,102 $843 $754

Vineland Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2013 the rental vacancy rate for Vineland New Jersey was 6.60% according to Census ACS data.

Rental Vacancy Rate in Vineland New Jersey

2015 1 Year Change 3 Year Change
US 5.85% -0.47% -0.92%
New Jersey 5.65% -0.44% -0.31%
Vineland, NJ

Trends in Vineland, NJ Rental Vacancy Rate

The rental vacancy rate in Vineland peaked in 2012 at 10.25%. Since then it has fallen by 3.65% to 6.60%. Data records for this series originated in 2005.

Rental Vacancy Rate: Vineland NJ, New Jersey, US

Rental vacancy rate in New Jersey

Historical Rental Vacancy Rate data for Vineland

Date US New Jersey Vineland, NJ
2015 5.85% 5.65%
2014 6.32% 6.09%
2013 6.49% 6.18% 6.60%
2012 6.77% 5.96% 10.25%
2011 7.40% 6.99% 9.15%
2010 8.17% 7.51% 5.87%
2009 8.43% 7.59% 9.39%
2008 7.86% 7.27% 7.12%
2007 7.87% 6.30% 7.89%
2006 7.70% 6.41% 7.24%
2005 7.74% 6.43%

Rent as a Fraction of Income

Using median household income data for Vineland, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Vineland, median monthly gross rent as a fraction of median household income was 22.92% in 2015 according to the ACS.

Vineland New Jersey Median Annual Rent as a Fraction of Median Household Income

2015 1 Year Change 3 Year Change
US 20.63% -0.26% -0.02%
New Jersey 20.17% +0.12% +0.40%
Vineland, NJ 22.92% -2.12% -1.61%

Trends in Vineland, NJ Rent as a Fraction of Income

The fraction of median Vineland household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 25.08%. Since then it has fallen by 2.16% to 22.92%.

Fraction of Income towards Rent: Vineland NJ, New Jersey, US

Percent of median household income going towards median monthly gross rent in Vineland New Jersey

Historical Data for Annual Rent as a Fraction of Income in Vineland New Jersey

Date US New Jersey Vineland, NJ
2015 20.63% 20.17% 22.92%
2014 20.89% 20.06% 25.04%
2013 20.78% 20.03% 25.08%
2012 20.65% 19.77% 24.52%
2011 20.70% 20.19% 22.28%
2010 20.50% 19.75% 20.99%
2009 20.12% 19.46% 21.42%
2008 19.00% 18.21% 19.69%
2007 18.66% 18.37% 20.47%
2006 18.90% 18.13% 19.68%
2005 18.89% 18.19% 18.63%

Renter Fraction in Vineland New Jersey

You can calculate the renter fraction in Vineland in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Vineland as a fraction of total Vineland households. In 2015 34.74% of households were renters according to Census ACS data.

Vineland Fraction of Renters by Household Units

2015 1 Year Change 3 Year Change
US 36.97% +0.07% +0.88%
New Jersey 36.98% +0.24% +2.05%
Vineland, NJ 34.74% -3.35% +2.66%

Trends in the Vineland, NJ Renter Fraction

The Vineland household renter fraction peaked in in 2014 at 38.09% and is now 3.35% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Vineland NJ, New Jersey, US

Fraction of renters in Vineland

History of Vineland Renter Fraction

Date US New Jersey Vineland, NJ
2015 36.97% 36.98% 34.74%
2014 36.90% 36.74% 38.09%
2013 36.50% 35.95% 37.04%
2012 36.09% 34.93% 32.08%
2011 35.42% 34.95% 31.07%
2010 34.65% 33.59% 33.88%
2009 34.13% 33.86% 32.28%
2008 33.36% 32.98% 31.54%
2007 32.80% 32.73% 30.49%
2006 32.73% 32.70% 33.39%
2005 33.10% 32.71% 31.19%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.