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Echelon

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

Median Home$295,142
Median Rent$1,684/month
Population12,574
Leading IndustriesManufacturing · Transportation · Professional Services1% manufacturing
Home Value Growth⬆⬆⬆+25.0% over 2 years
Young Adults31% of residentsabove average nationally
Renters65% of occupied units
NotableAmenity Score79/100 · highly walkable area
NotableTransit82/100 · excellent transit access
Echelon
NJ

Frequently Asked Questions

What are today's mortgage rates in Echelon?

As of today, the 30-year fixed mortgage rate for Echelon is approximately 6.974% (7.013% 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 Echelon?

The median home value in Echelon is $295k. The median monthly rent is $1,684. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Echelon?

Home values in Echelon have increased 25.0% 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 Echelon?

Based on a typical all-in ownership cost of $1,848/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Echelon is $90k/year.

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What industries drive the economy in Echelon?

The largest employment sectors in Echelon are public administration (20%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.