Housing costs in Moorestown-Lenola?
A typical home costs
$500,200, which is 47.9% more expensive than the national average of
$338,100 and 15.8% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Moorestown-Lenola costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and 4.9% cheaper than the state average of
$1,710.
Can I afford Moorestown-Lenola?
To live comfortably in Moorestown-Lenola, New Jersey, a minimum annual income of
$95,760 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Moorestown-Lenola?
The cost of living in Moorestown-Lenola, NJ is higher than the national average. The median home price is $392,000, which is significantly higher than the national average of $200,000. Additionally, the median household income is $105,715 per year, which is much higher than the national average of roughly $50,000. Despite the fact that groceries and utilities are close to the national averages when it comes to costs, overall taxes are substantially higher in this town than elsewhere in the United States. There is also a property tax that can be quite high depending on how much you own and where you live. All these factors combined make living in Moorestown-Lenola an expensive proposition for those who are looking to move into a new area.