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These days, finding an affordable place to live in the 08027 area can be challenging. Home prices in 08027 are now at a median cost of $193,985, lower than the New Jersey average of $388,929.
The average cost of rent is $1,155/mo in 08027, primarily driven by the current value of real estate in the 08027 area. While nearly 42.58% of residents own their homes outright in 08027, 13.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08027 is $6,978 per month. Households that rent pay about 16.55% of their income on rent here. 08027's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 08066, NJ: equally priced homes
- 08056, NJ: higher priced homes
- 08020, NJ: higher priced homes
- 19029, PA: less expensive homes
- 19113, PA: less expensive homes
- 08061, NJ: higher priced homes
- 08014, NJ: less expensive homes
- 19022, PA: less expensive homes
- 19078, PA: equally priced homes
- 19074, PA: equally priced homes
Zip Codes with Similar Populations
- 20158, VA: higher priced homes
- 25510, WV: less expensive homes
- 25506, WV: less expensive homes
- 78947, TX: higher priced homes
- 24801, WV: less expensive homes
- 24577, VA: less expensive homes
- 24563, VA: less expensive homes
- 24260, VA: less expensive homes
- 22947, VA: higher priced homes
- 83628, ID: equally priced homes
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