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Crandon Lakes

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

Median Home$388,795
Median Rent$1,491/month
Population1,169
Leading IndustriesWholesale Trade · Professional Services · Arts, Food & Hospitality14% wholesale trade
Home Value Growth⬆⬆⬆+24.6% over 2 years
Retirees25% of residentsabove average nationally
Homeowners88% of occupied units
NotableHigh Incomes$123k/year · top 8% nationally
NotableHighly Educated24% bachelor's · 15% graduate · top 21% nationally
Crandon Lakes
NJ

Frequently Asked Questions

What are today's mortgage rates in Crandon Lakes?

As of today, the 30-year fixed mortgage rate for Crandon Lakes is approximately 6.927% (6.964% 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 Crandon Lakes?

The median home value in Crandon Lakes is $389k. The median monthly rent is $1,491. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crandon Lakes?

Home values in Crandon Lakes have increased 24.6% 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 Crandon Lakes?

Based on a typical all-in ownership cost of $1,670/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Crandon Lakes is $123k/year.

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What industries drive the economy in Crandon Lakes?

The largest employment sectors in Crandon Lakes are public administration (22%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.