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These days, finding an affordable place to live in the 08247 area can be challenging. Home prices in 08247 are now at a median cost of $1,512,097, higher than the New Jersey average of $388,929.
The average cost of rent is $1,311/mo in 08247, primarily driven by the current value of real estate in the 08247 area. While nearly 47.84% of residents own their homes outright in 08247, 10.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08247 is $9,816 per month. Households that rent pay about 13.35% of their income on rent here. 08247's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 08202, NJ: less expensive homes
- 08210, NJ: less expensive homes
- 08260, NJ: less expensive homes
- 08242, NJ: less expensive homes
- 08243, NJ: less expensive homes
- 08251, NJ: less expensive homes
- 08204, NJ: less expensive homes
- 08248, NJ: less expensive homes
- 08212, NJ: less expensive homes
- 19963, DE: less expensive homes
Zip Codes with Similar Populations
- 77444, TX: less expensive homes
- 23846, VA: less expensive homes
- 31527, GA: less expensive homes
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- 68874, NE: less expensive homes
- 69045, NE: less expensive homes
- 71660, AR: less expensive homes
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