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ZIP Code 08605

Learn about the people, housing, costs and businesses in 08605

Median Rent$1,069/month
Population556
Leading IndustriesFinance & Insurance · Information & Media · Education11% finance & insurance
Home Value Growth⬆⬆⬆+55.9% over 2 years
Young Adults32% of residentsabove average nationally
Renters60% of occupied units
NotableVeteran Community10% of residents · top 16% nationally
ZIP Code
08605

Frequently Asked Questions

What are today's mortgage rates in ZIP code 08605?

As of today, the 30-year fixed mortgage rate for ZIP code 08605 is approximately 6.874% (6.909% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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Are home values rising in ZIP code 08605?

Home values in ZIP code 08605 have increased 55.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 08605?

Based on a typical all-in ownership cost of $1,049/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 08605 is $79k/year.

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What industries drive the economy in ZIP code 08605?

The largest employment sectors in ZIP code 08605 are public administration (18%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

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