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Avalon

Learn about the people, housing, costs and businesses in Avalon, New Jersey

Median Home$1,959,000
Median Rent$1,708/month
Population1,488
Leading IndustriesRetail · Education · Arts, Food & Hospitality19% retail
Home Value Growth⬆⬆⬆+21.8% over 2 years
Retirees25% of residentsabove average nationally
Homeowners93% of occupied units
NotableAmenity Score83/100 · highly walkable area
NotableHigh Incomes$139k/year · top 5% nationally
Avalon
NJ

Frequently Asked Questions

What are today's mortgage rates in Avalon?

As of today, the 30-year fixed mortgage rate for Avalon is approximately 6.987% (7.026% 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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What is the median home price in Avalon?

The median home value in Avalon is $2.0M. The median monthly rent is $1,708. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Avalon?

Home values in Avalon have increased 21.8% 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 Avalon?

Based on a typical all-in ownership cost of $1,734/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Avalon is $139k/year.

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What industries drive the economy in Avalon?

The largest employment sectors in Avalon are public administration (20%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.