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These days, finding an affordable place to live in the Dumont area can be challenging. Home prices in Dumont are now at a median cost of $513,309, higher than the New Jersey average of $496,577.
The average cost of rent is $1,944/mo in Dumont, primarily driven by the current value of real estate in the Dumont area. In Dumont, 26.69% of households rent, and 33.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dumont is $11,888 per month. Households that rent pay about 16.35% of their income on rent here. Dumont’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Haworth, NJ: higher priced homes
- Bergenfield, NJ: equally priced homes
- Cresskill, NJ: higher priced homes
- New Milford, NJ: higher priced homes
- DeMarest, NJ: higher priced homes
- Tenafly, NJ: higher priced homes
- Oradell, NJ: higher priced homes
- Closter, NJ: higher priced homes
- River Edge, NJ: higher priced homes
- Emerson, NJ: higher priced homes
Cities with Similar Populations
- Cudahy, WI: less expensive homes
- Conshohocken, PA: less expensive homes
- Wallingford Center, CT: less expensive homes
- Coshocton, OH: less expensive homes
- Country Club Hills, IL: less expensive homes
- Country Walk, FL: equally priced homes
- Cranberry Twp, PA: equally priced homes
- Creve Coeur, MO: higher priced homes
- Wakulla Springs, FL: less expensive homes
- Commerce, GA: less expensive homes
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