
Home Price Key
These days, finding an affordable place to live in the Boonton area can be challenging. Home prices in Boonton are now at a median cost of $515,507, higher than the New Jersey average of $388,929.
The average cost of rent is $1,659/mo in Boonton, primarily driven by the current value of real estate in the Boonton area. While nearly 34.55% of residents own their homes outright in Boonton, 25.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Boonton is $9,727 per month. Households that rent pay about 17.06% of their income on rent here. Boonton's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Mountain Lakes, NJ: higher priced homes
- Montville, NJ: higher priced homes
- Lake Hiawatha, NJ: less expensive homes
- Parsippany, NJ: equally priced homes
- Towaco, NJ: equally priced homes
- Denville, NJ: equally priced homes
- Mount Tabor, NJ: less expensive homes
- Pine Brook, NJ: equally priced homes
- Lake Telemark, NJ: less expensive homes
- Hibernia, NJ: less expensive homes
Cities with Similar Populations
- Grove, OK: less expensive homes
- Indialantic, FL: less expensive homes
- Sturgeon Bay, WI: less expensive homes
- Hubbard, OH: less expensive homes
- Hollidaysburg, PA: less expensive homes
- Hartland, WI: less expensive homes
- Hampstead, MD: less expensive homes
- Gwynn Oak, MD: less expensive homes
- Taylorsville, KY: less expensive homes
- Stone Ridge, VA: equally priced homes
All Local Stats
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