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These days, finding an affordable place to live in the 08097 area can be challenging. Home prices in 08097 are now at a median cost of $203,138, lower than the New Jersey average of $388,929.
The average cost of rent is $1,327/mo in 08097, primarily driven by the current value of real estate in the 08097 area. While nearly 32.81% of residents own their homes outright in 08097, 9.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08097 is $7,862 per month. Households that rent pay about 16.88% of their income on rent here. 08097's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 08090, NJ: equally priced homes
- 08096, NJ: equally priced homes
- 08051, NJ: equally priced homes
- 08086, NJ: higher priced homes
- 08061, NJ: higher priced homes
- 08093, NJ: less expensive homes
- 08063, NJ: less expensive homes
- 08020, NJ: higher priced homes
- 08066, NJ: less expensive homes
- 08029, NJ: less expensive homes
Zip Codes with Similar Populations
- 29047, SC: less expensive homes
- 79235, TX: less expensive homes
- 55946, MN: equally priced homes
- 76577, TX: less expensive homes
- 62417, IL: less expensive homes
- 15672, PA: equally priced homes
- 15846, PA: less expensive homes
- 59865, MT: higher priced homes
- 59716, MT: higher priced homes
- 55718, MN: higher priced homes
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