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Expensive
Expensive
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These days, finding an affordable place to live in the 08054 area can be challenging. Home prices in 08054 are now at a median cost of $296,215, lower than the New Jersey average of $388,929.
The average cost of rent is $1,634/mo in 08054, primarily driven by the current value of real estate in the 08054 area. While nearly 29.96% of residents own their homes outright in 08054, 24.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08054 is $8,833 per month. Households that rent pay about 18.50% of their income on rent here. 08054's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 08057, NJ: higher priced homes
- 08036, NJ: higher priced homes
- 08073, NJ: less expensive homes
- 08053, NJ: equally priced homes
- 08052, NJ: less expensive homes
- 08046, NJ: less expensive homes
- 08048, NJ: higher priced homes
- 08003, NJ: higher priced homes
- 08075, NJ: less expensive homes
- 08034, NJ: less expensive homes
Zip Codes with Similar Populations
- 90065, CA: higher priced homes
- 11520, NY: higher priced homes
- 11757, NY: higher priced homes
- 12601, NY: less expensive homes
- 33160, FL: higher priced homes
- 14075, NY: less expensive homes
- 15237, PA: less expensive homes
- 33020, FL: less expensive homes
- 19401, PA: less expensive homes
- 33016, FL: less expensive homes
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