Housing costs in Island Heights?
A typical home costs
$524,900, which is 55.2% more expensive than the national average of
$338,100 and 21.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Island Heights costs
$1,730 per month, which is 21.0% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Island Heights?
To live comfortably in Island Heights, New Jersey, a minimum annual income of
$100,440 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about Island Heights?
The cost of living in Island Heights, NJ is slightly higher than the national average. The median household income in Island Heights is $69,675 and the median home value is $234,700. It is a relatively small town with a population of just over 1,500 people but it offers a quiet, peaceful atmosphere that many are drawn to. Groceries and utilities tend to be slightly more expensive than the national average but overall, living costs remain relatively low compared to nearby cities such as Toms River and Ocean City. Home values have been steadily rising in recent years due to increased demand for housing in the area.