Housing costs in Franklinville?
A typical home costs
$281,600, which is 16.7% less expensive than the national average of
$338,100 and 34.8% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Franklinville costs
$1,580 per month, which is 10.5% more than the national average of
$1,430 and 8.2% cheaper than the state average of
$1,710.
Can I afford Franklinville?
To live comfortably in Franklinville (zip 08322), New Jersey, a minimum annual income of
$54,000 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Franklinville?
The cost of living in 08322 Franklinville, NJ is fairly reasonable compared to other areas in the region. The median home value in the area is $139,800, which is below the national average and well below what is typically seen in larger cities. Additionally, the median household income for Franklinville residents is lower than the national median at $63,031 per year. Utility costs are also low with an average monthly electricity bill of only $121. This makes it a great option for those looking for a budget-friendly place to live and raise a family.