Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08620 area can be challenging. Home prices in 08620 are now at a median cost of $286,486, lower than the New Jersey average of $388,929.
The average cost of rent is $1,244/mo in 08620, primarily driven by the current value of real estate in the 08620 area. While nearly 49.56% of residents own their homes outright in 08620, 18.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08620 is $8,166 per month. Households that rent pay about 15.24% of their income on rent here. 08620's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 08515, NJ: higher priced homes
- 08610, NJ: less expensive homes
- 08690, NJ: equally priced homes
- 08505, NJ: higher priced homes
- 08691, NJ: higher priced homes
- 08629, NJ: less expensive homes
- 08619, NJ: equally priced homes
- 08611, NJ: less expensive homes
- 08501, NJ: higher priced homes
- 08609, NJ: less expensive homes
Zip Codes with Similar Populations
- 97113, OR: equally priced homes
- 55344, MN: higher priced homes
- 22209, VA: higher priced homes
- 74070, OK: less expensive homes
- 20650, MD: higher priced homes
- 16127, PA: less expensive homes
- 16002, PA: less expensive homes
- 14048, NY: less expensive homes
- 13215, NY: less expensive homes
- 06831, CT: higher priced homes
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