
Housing costs in Township Of Washington?
A typical home costs
$601,400, which is 77.9% more expensive than the national average of
$338,100 and 39.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Township Of Washington costs
$2,400 per month, which is 67.8% more than the national average of
$1,430 and 28.8% more than the state average of
$1,710.
Can I afford Township Of Washington?
To live comfortably in Township Of Washington (zip 07676), New Jersey, a minimum annual income of
$115,200 for a family, and
$82,800 for a single person is recommended.
What does A.I. say about Township Of Washington?
The cost of living in 07676 Township Of Washington, NJ is relatively high compared to other parts of the country. The median home cost is around $510,800, which is much higher than the national average of $231,200. In addition, the median household income in this area is around $107,528 which is also higher than the national average of $69,017. Residents pay an average of 7.6% state income tax along with local taxes such as sales and property taxes. All these factors contribute to a higher cost of living in this area despite its close proximity to New York City and other major cities in New Jersey.