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These days, finding an affordable place to live in the 08015 area can be challenging. Home prices in 08015 are now at a median cost of $228,377, lower than the New Jersey average of $496,577.
The average cost of rent is $1,526/mo in 08015, primarily driven by the current value of real estate in the 08015 area. In 08015, 17.77% of households rent, and 42.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08015 is $7,928 per month. Households that rent pay about 19.26% of their income on rent here. 08015’s most expensive areas are in the southeastern 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
- 08064, NJ: higher priced homes
- 08640, NJ: higher priced homes
- 08641, NJ: higher priced homes
- 08068, NJ: higher priced homes
- 08511, NJ: higher priced homes
- 08042, NJ: higher priced homes
- 08562, NJ: higher priced homes
- 08041, NJ: higher priced homes
- 08533, NJ: higher priced homes
- 08019, NJ: higher priced homes
Zip Codes with Similar Populations
- 11694, NY: higher priced homes
- 33140, FL: higher priced homes
- 02818, RI: higher priced homes
- 78382, TX: higher priced homes
- 54017, WI: higher priced homes
- 47129, IN: less expensive homes
- 40744, KY: less expensive homes
- 37321, TN: less expensive homes
- 35040, AL: equally priced homes
- 75964, TX: less expensive homes
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