Housing costs in Lumberton?
A typical home costs
$402,800, which is 19.1% more expensive than the national average of
$338,100 and 6.8% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lumberton costs
$1,650 per month, which is 15.4% more than the national average of
$1,430 and 3.6% cheaper than the state average of
$1,710.
Can I afford Lumberton?
To live comfortably in Lumberton, New Jersey, a minimum annual income of
$77,040 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Lumberton?
The cost of living in Lumberton, NJ is relatively low. The city has a median home value of around $197,400 and the median household income is approximately $83,656. The average rental price for an apartment in the city is around $1,259 making it a much more affordable option than nearby locations. A variety of restaurants and shops are available to accommodate any budget and provide plenty of options for those who call this small town home. With its close proximity to larger cities such as Philadelphia and Trenton, Lumberton provides residents with all the necessary amenities while maintaining an affordable cost of living.