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These days, finding an affordable place to live in the 07017 area can be challenging. Home prices in 07017 are now at a median cost of $391,068, lower than the New Jersey average of $496,577.
The average cost of rent is $1,391/mo in 07017, primarily driven by the current value of real estate in the 07017 area. In 07017, 65.82% of households rent, and 38.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07017 is $6,019 per month. Households that rent pay about 23.10% of their income on rent here. 07017’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 07018, NJ: less expensive homes
- 07107, NJ: equally priced homes
- 07050, NJ: less expensive homes
- 07104, NJ: equally priced homes
- 07103, NJ: equally priced homes
- 07028, NJ: higher priced homes
- 07003, NJ: higher priced homes
- 07106, NJ: less expensive homes
- 07052, NJ: higher priced homes
- 07109, NJ: equally priced homes
Zip Codes with Similar Populations
- 32780, FL: less expensive homes
- 20748, MD: equally priced homes
- 10454, NY: higher priced homes
- 30180, GA: less expensive homes
- 39047, MS: less expensive homes
- 48060, MI: less expensive homes
- 48047, MI: less expensive homes
- 46368, IN: less expensive homes
- 39042, MS: less expensive homes
- 11249, NY: higher priced homes
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