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These days, finding an affordable place to live in the Carmerville area can be challenging. Home prices in Carmerville are now at a median cost of $687,757, higher than the New Jersey average of $496,577.
The average cost of rent is $2,144/mo in Carmerville, primarily driven by the current value of real estate in the Carmerville area. In Carmerville, 17.78% of households rent, and 29.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carmerville is $11,376 per month. Households that rent pay about 18.84% of their income on rent here. Carmerville’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
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