Housing costs in Branchville?
A typical home costs
$365,100, which is 8.0% more expensive than the national average of
$338,100 and 15.5% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Branchville costs
$1,760 per month, which is 23.1% more than the national average of
$1,430 and 2.8% more than the state average of
$1,710.
Can I afford Branchville?
To live comfortably in Branchville (zip 07826), New Jersey, a minimum annual income of
$69,840 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Branchville?
The cost of living in 07826 Branchville, NJ is significantly higher than the U.S. average. The median home value in the area is $340,000, which is almost double the national median of $184,700. In addition to housing costs, residents may also spend more on groceries and utilities than those living elsewhere in the country. On average, residents will pay about 20% more for food items and energy bills are over 25% higher than the national average as well. Despite these higher prices, many residents choose to live in Branchville due to its close proximity to New York City and unique small-town vibe.