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ZIP Code 08618

Learn about the people, housing, costs and businesses in 08618

Median Home$196,890
Median Rent$1,206/month
Population30,531
Leading IndustriesFinance & Insurance · Information & Media · Healthcare10% finance & insurance
Home Value Growth⬆⬆⬆+28.9% over 2 years
Family-Friendly24% of residentsslightly above average
Renters54% of occupied units
ZIP Code
08618

Frequently Asked Questions

What are today's mortgage rates in ZIP code 08618?

As of today, the 30-year fixed mortgage rate for ZIP code 08618 is approximately 6.998% (7.038% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 08618
What is the median home price in ZIP code 08618?

The median home value in ZIP code 08618 is $197k. The median monthly rent is $1,206. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 08618?

Home values in ZIP code 08618 have increased 28.9% 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 08618?

Based on a typical all-in ownership cost of $1,258/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 08618 is $59k/year.

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What industries drive the economy in ZIP code 08618?

The largest employment sectors in ZIP code 08618 are public administration (25%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

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