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These days, finding an affordable place to live in the Emerson area can be challenging. Home prices in Emerson are now at a median cost of $659,438, higher than the New Jersey average of $496,577.
The average cost of rent is $1,968/mo in Emerson, primarily driven by the current value of real estate in the Emerson area. In Emerson, 7.92% of households rent, and 39.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Emerson is $12,967 per month. Households that rent pay about 15.18% of their income on rent here. Emerson’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oradell, NJ: higher priced homes
- Westwood, NJ: equally priced homes
- Hillsdale, NJ: equally priced homes
- Paramus, NJ: higher priced homes
- Haworth, NJ: higher priced homes
- Harrington Park, NJ: higher priced homes
- Dumont, NJ: less expensive homes
- New Milford, NJ: less expensive homes
- Old Tappan, NJ: higher priced homes
- Closter, NJ: higher priced homes
Cities with Similar Populations
- Centreville, MD: less expensive homes
- Haiku-Pauwela, HI: higher priced homes
- Fort Pierce North, FL: less expensive homes
- Halifax, MA: less expensive homes
- Folsom, LA: less expensive homes
- Camilla, GA: less expensive homes
- Camp Swift, TX: less expensive homes
- Campbell, OH: less expensive homes
- Capistrano Beach, CA: higher priced homes
- Castle Rock, WA: less expensive homes
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