Housing costs in Schooleys Mountain?
A typical home costs
$615,800, which is 82.1% more expensive than the national average of
$338,100 and 42.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Schooleys Mountain costs
$1,840 per month, which is 28.7% more than the national average of
$1,430 and 7.1% more than the state average of
$1,710.
Can I afford Schooleys Mountain?
To live comfortably in Schooleys Mountain (zip 07870), New Jersey, a minimum annual income of
$118,080 for a family, and
$61,200 for a single person is recommended.
What does A.I. say about Schooleys Mountain?
The cost of living in 07870 Schooleys Mountain, NJ is considered to be quite high. According to the most recent data from the US Census Bureau, the median household income for this zip code area was $102,125 in 2017. The median home value was $387,800 in 2019 and the average rent was estimated at $2,443 per month. Goods and services are also relatively expensive compared to other nearby towns and cities. The local economy is strong with many major employers located in the area such as AT&T and Amazon. For those looking for a more affordable option for housing or groceries, there are several nearby towns that may provide more reasonable prices.