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These days, finding an affordable place to live in the Five Points area can be challenging. Home prices in Five Points are now at a median cost of $328,294, lower than the New Jersey average of $496,577.
The average cost of rent is $1,238/mo in Five Points, primarily driven by the current value of real estate in the Five Points area. In Five Points, 6.75% of households rent, and 19.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Five Points is $8,991 per month. Households that rent pay about 13.77% of their income on rent here. Five Points’s most expensive areas are in the eastern 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
- Stillwater, NJ: equally priced homes
- Crandon Lakes, NJ: higher priced homes
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- Marksboro, NJ: higher priced homes
- Hardwick, NJ: higher priced homes
- Branchville, NJ: higher priced homes
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- Bushkill, PA: less expensive homes
- Andover Junction, NJ: higher priced homes
Cities with Similar Populations
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- Jiba, TX: less expensive homes
- Judson, ND: equally priced homes
- Waldo, MN: equally priced homes
- Kadoka, SD: less expensive homes
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