Affordable
Expensive
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These days, finding an affordable place to live in the 08055 area can be challenging. Home prices in 08055 are now at a median cost of $384,396, lower than the New Jersey average of $388,929.
The average cost of rent is $1,675/mo in 08055, primarily driven by the current value of real estate in the 08055 area. While nearly 30.98% of residents own their homes outright in 08055, 7.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08055 is $12,492 per month. Households that rent pay about 13.41% of their income on rent here. 08055's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 08053, NJ: less expensive homes
- 08088, NJ: less expensive homes
- 08054, NJ: less expensive homes
- 08048, NJ: less expensive homes
- 08091, NJ: less expensive homes
- 08036, NJ: equally priced homes
- 08043, NJ: less expensive homes
- 08003, NJ: equally priced homes
- 08004, NJ: less expensive homes
- 08026, NJ: less expensive homes
Zip Codes with Similar Populations
- 06410, CT: equally priced homes
- 08755, NJ: less expensive homes
- 15146, PA: less expensive homes
- 02474, MA: higher priced homes
- 45240, OH: less expensive homes
- 55014, MN: less expensive homes
- 42003, KY: less expensive homes
- 55446, MN: higher priced homes
- 60091, IL: higher priced homes
- 60656, IL: less expensive homes
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