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Affordable
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These days, finding an affordable place to live in the Green Pond area can be challenging. Home prices in Green Pond are now at a median cost of $609,934, higher than the New Jersey average of $496,577.
The average cost of rent is $2,847/mo in Green Pond, primarily driven by the current value of real estate in the Green Pond area. In Green Pond, 46.71% of households rent, and 35.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Green Pond is $13,095 per month. Households that rent pay about 21.74% of their income on rent here. Green Pond’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.
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