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These days, finding an affordable place to live in the 08554 area can be challenging. Home prices in 08554 are now at a median cost of $276,268, lower than the New Jersey average of $496,577.
The average cost of rent is $1,513/mo in 08554, primarily driven by the current value of real estate in the 08554 area. In 08554, 10.59% of households rent, and 34.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08554 is $7,531 per month. Households that rent pay about 20.10% of their income on rent here. 08554’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 08518, NJ: higher priced homes
- 08505, NJ: higher priced homes
- 19055, PA: higher priced homes
- 19054, PA: higher priced homes
- 19007, PA: equally priced homes
- 19057, PA: higher priced homes
- 08022, NJ: higher priced homes
- 08016, NJ: higher priced homes
- 19030, PA: higher priced homes
- 19056, PA: higher priced homes
Zip Codes with Similar Populations
- 46792, IN: less expensive homes
- 29831, SC: less expensive homes
- 95546, CA: equally priced homes
- 46371, IN: less expensive homes
- 12122, NY: less expensive homes
- 55382, MN: higher priced homes
- 02576, MA: higher priced homes
- 98631, WA: higher priced homes
- 41063, KY: less expensive homes
- 98051, WA: higher priced homes
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