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These days, finding an affordable place to live in the Hesstown area can be challenging. Home prices in Hesstown are now at a median cost of $243,700, lower than the New Jersey average of $496,577.
The average cost of rent is $1,732/mo in Hesstown, primarily driven by the current value of real estate in the Hesstown area. In Hesstown, 24.73% of households rent, and 55.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hesstown is $5,108 per month. Households that rent pay about 33.91% of their income on rent here. Hesstown’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
- Menantico, NJ: equally priced homes
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Cities with Similar Populations
- Rockland, NY: equally priced homes
- Milan, KS: less expensive homes
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- Mission Ridge, SD: higher priced homes
- Mix, LA: less expensive homes
- Modoc, IL: less expensive homes
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