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Affordable
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These days, finding an affordable place to live in the Andover Junction area can be challenging. Home prices in Andover Junction are now at a median cost of $427,933, lower than the New Jersey average of $496,577.
The average cost of rent is $1,646/mo in Andover Junction, primarily driven by the current value of real estate in the Andover Junction area. In Andover Junction, 9.47% of households rent, and 32.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Andover Junction is $11,136 per month. Households that rent pay about 14.78% of their income on rent here. Andover Junction’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Andover, NJ: equally priced homes
- Newton, NJ: less expensive homes
- Waterloo, NJ: equally priced homes
- Lake Mohawk, NJ: higher priced homes
- Upper Mohawk, NJ: higher priced homes
- Johnsonburg, NJ: higher priced homes
- Stanhope, NJ: less expensive homes
- Hopatcong, NJ: less expensive homes
- Stillwater, NJ: less expensive homes
- Lafayette, NJ: equally priced homes
Cities with Similar Populations
- Porter Gap, TN: less expensive homes
- Summer Lake, OR: less expensive homes
- New Boston, NY: less expensive homes
- Eagle, AK: less expensive homes
- Goodnews Bay, AK: less expensive homes
- Lucia, CA: higher priced homes
- Angle Inlet, MN: less expensive homes
- Khedive, PA: less expensive homes
- Cedar Island, NC: less expensive homes
- White Horse Beach, MA: higher priced homes
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