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These days, finding an affordable place to live in the Waterford Works area can be challenging. Home prices in Waterford Works are now at a median cost of $274,838, lower than the New Jersey average of $496,577.
The average cost of rent is $1,621/mo in Waterford Works, primarily driven by the current value of real estate in the Waterford Works area. In Waterford Works, 5.35% of households rent, and 35.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterford Works is $10,210 per month. Households that rent pay about 15.88% of their income on rent here. Waterford Works’s most expensive areas are in the southwestern 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
- Chesilhurst, NJ: less expensive homes
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- Crowfoot, NJ: higher priced homes
- Winslow, NJ: equally priced homes
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- Hammonton, NJ: higher priced homes
- Sicklerville, NJ: equally priced homes
- West Berlin, NJ: higher priced homes
Cities with Similar Populations
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- Garden View, PA: less expensive homes
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