Income needed to buy a home
Every county in New Jersey
In the middle county, Middlesex County, the typical home takes $220,948 a year. Locals can afford the typical home in 0 of 21 counties.
| County | Typical home | Monthly cost | Income needed | Local median income | For locals |
|---|---|---|---|---|---|
| Cumberland County | $279,277 | $2,454 | $105,185 | $67,436 | Far off |
| Salem County | $301,049 | $2,689 | $115,245 | $79,960 | Far off |
| Camden County | $359,108 | $3,291 | $141,049 | $88,755 | Far off |
| Atlantic County | $385,559 | $3,337 | $143,011 | $78,050 | Far off |
| Gloucester County | $385,868 | $3,513 | $150,567 | $105,115 | Far off |
| Burlington County | $423,352 | $3,738 | $160,204 | $108,111 | Far off |
| Warren County | $425,989 | $3,831 | $164,184 | $100,869 | Far off |
| Mercer County | $445,078 | $3,961 | $169,745 | $100,645 | Far off |
| Sussex County | $449,637 | $4,018 | $172,190 | $116,186 | Far off |
| Ocean County | $551,072 | $4,570 | $195,841 | $89,863 | Out of reach |
| Middlesex County | $588,036 | $5,155 | $220,948 | $111,549 | Far off |
| Hudson County | $640,103 | $5,382 | $230,636 | $91,795 | Out of reach |
| Passaic County | $599,502 | $5,391 | $231,059 | $87,522 | Out of reach |
| Union County | $633,876 | $5,579 | $239,100 | $103,202 | Out of reach |
| Hunterdon County | $635,506 | $5,598 | $239,919 | $141,715 | Far off |
| Somerset County | $666,817 | $5,763 | $247,001 | $140,374 | Far off |
| Essex County | $664,986 | $5,891 | $252,450 | $80,789 | Out of reach |
| Morris County | $709,718 | $6,131 | $262,766 | $137,326 | Far off |
| Cape May County | $806,250 | $6,357 | $272,446 | $91,128 | Out of reach |
| Monmouth County | $793,713 | $6,650 | $284,991 | $124,845 | Out of reach |
| Bergen County | $786,765 | $6,828 | $292,640 | $124,884 | Out of reach |
10% down, 7.40% 30-year fixed, housing at 28% of gross income. How it works.