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These days, finding an affordable place to live in the Union City area can be challenging. Home prices in Union City are now at a median cost of $506,840, higher than the New Jersey average of $496,577.
The average cost of rent is $1,550/mo in Union City, primarily driven by the current value of real estate in the Union City area. In Union City, 80.35% of households rent, and 44.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Union City is $5,726 per month. Households that rent pay about 27.06% of their income on rent here. Union City’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Weehawken, NJ: higher priced homes
- Hoboken, NJ: higher priced homes
- West New York, NJ: equally priced homes
- North Bergen, NJ: equally priced homes
- Secaucus, NJ: equally priced homes
- Guttenberg, NJ: equally priced homes
- Manhattan, NY: higher priced homes
- Jersey City, NJ: higher priced homes
- Fairview, NJ: equally priced homes
- New York, NY: higher priced homes
Cities with Similar Populations
- Yakutat, AK: less expensive homes
- Wrightstown, MN: less expensive homes
- Wyatts Chapel, TN: less expensive homes
- Yonkers, OK: less expensive homes
- Yorba Linda, CA: higher priced homes
- Yonkers, NY: equally priced homes
- Woodville, NC: less expensive homes
- Zoe, KY: less expensive homes
- Zoe, OK: less expensive homes
- Woodsville, NH: less expensive homes
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