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Affordable
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These days, finding an affordable place to live in the 08555 area can be challenging. Home prices in 08555 are now at a median cost of $373,624, lower than the New Jersey average of $496,577.
The average cost of rent is $2,490/mo in 08555, primarily driven by the current value of real estate in the 08555 area. In 08555, 20.98% of households rent, and 36.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08555 is $9,382 per month. Households that rent pay about 26.54% of their income on rent here. 08555’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 08535, NJ: higher priced homes
- 08510, NJ: higher priced homes
- 08520, NJ: equally priced homes
- 08561, NJ: higher priced homes
- 08501, NJ: higher priced homes
- 08512, NJ: higher priced homes
- 08514, NJ: higher priced homes
- 08691, NJ: higher priced homes
- 08831, NJ: higher priced homes
- 07726, NJ: higher priced homes
Zip Codes with Similar Populations
- 75247, TX: less expensive homes
- 52337, IA: less expensive homes
- 71747, AR: less expensive homes
- 72460, AR: less expensive homes
- 33960, FL: less expensive homes
- 33849, FL: equally priced homes
- 26169, WV: less expensive homes
- 84006, UT: equally priced homes
- 19319, PA: higher priced homes
- 84035, UT: less expensive homes
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