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These days, finding an affordable place to live in the Newfield area can be challenging. Home prices in Newfield are now at a median cost of $272,801, lower than the New Jersey average of $496,577.
The average cost of rent is $1,500/mo in Newfield, primarily driven by the current value of real estate in the Newfield area. In Newfield, 12.13% 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 Newfield is $8,044 per month. Households that rent pay about 18.65% of their income on rent here. Newfield’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Malaga, NJ: higher priced homes
- Franklinville, NJ: higher priced homes
- Iona, NJ: equally priced homes
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- Norma, NJ: higher priced homes
- Landisville, NJ: higher priced homes
- Vineland, NJ: less expensive homes
- Buena, NJ: less expensive homes
- Elmer, NJ: equally priced homes
Cities with Similar Populations
- Charleroi, PA: less expensive homes
- Topanga, CA: higher priced homes
- Tonopah, AZ: higher priced homes
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- Timnath, CO: higher priced homes
- Tilton, NH: equally priced homes
- Churubusco, IN: less expensive homes
- Chepachet, RI: higher priced homes
- Charlestown, RI: higher priced homes
- Towaco, NJ: higher priced homes
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