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Beachwood

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

Median Home$350,633
Median Rent$2,402/month
Population11,088
Leading IndustriesHealthcare · Professional Services · Public Administration13% healthcare
Home Value Growth⬆⬆⬆+24.0% over 2 years
Young Adults29% of residentsslightly above average
Homeowners93% of occupied units
NotableHigh Incomes$105k/year · top 14% nationally
Beachwood
NJ

Frequently Asked Questions

What are today's mortgage rates in Beachwood?

As of today, the 30-year fixed mortgage rate for Beachwood is approximately 6.898% (6.934% 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 Beachwood?

The median home value in Beachwood is $351k. The median monthly rent is $2,402. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Beachwood?

Home values in Beachwood have increased 24.0% 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 Beachwood?

Based on a typical all-in ownership cost of $1,964/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $84k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Beachwood is $105k/year.

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What industries drive the economy in Beachwood?

The largest employment sectors in Beachwood are public administration (26%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.