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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 $212,781, lower than the New Jersey average of $388,929.
The average cost of rent is $1,180/mo in Waterford Works, primarily driven by the current value of real estate in the Waterford Works area. While nearly 32.40% of residents own their homes outright in Waterford Works, 11.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waterford Works is $8,508 per month. Households that rent pay about 13.87% of their income on rent here. Waterford Works's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Chesilhurst, NJ: less expensive homes
- Elm, NJ: equally priced homes
- Atco, NJ: higher priced homes
- Braddock, NJ: equally priced homes
- Crowfoot, NJ: higher priced homes
- Winslow, NJ: equally priced homes
- Berlin, NJ: higher priced homes
- Hammonton, NJ: higher priced homes
- Sicklerville, NJ: equally priced homes
- West Berlin, NJ: higher priced homes
Cities with Similar Populations
- Fowler, MI: less expensive homes
- Kurtistown, HI: higher priced homes
- Killbuck, OH: less expensive homes
- Hayfield, MN: equally priced homes
- Hager City, WI: higher priced homes
- Grandy, NC: equally priced homes
- Grand Junction, MI: less expensive homes
- Gates, NC: less expensive homes
- Gaston, NC: less expensive homes
- Garden View, PA: less expensive homes
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