Housing costs in Victory Lakes?
A typical home costs
$215,600, which is 36.2% less expensive than the national average of
$338,100 and 50.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Victory Lakes costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 17.1% cheaper than the state average of
$1,710.
Can I afford Victory Lakes?
To live comfortably in Victory Lakes, New Jersey, a minimum annual income of
$41,400 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Victory Lakes?
The cost of living in Victory Lakes, NJ is relatively high compared to other towns in the area. The median home value in Victory Lakes is approximately $370,000, which is much higher than the median home value for New Jersey as a whole. Additionally, the median household income in Victory Lakes is about $89,000 per year—well above the national average. Groceries and utilities also tend to be more expensive here than they are elsewhere. Despite the higher costs of living, many residents are willing to pay for it due to the excellent school systems and abundant recreational activities that this town offers.