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Flanders

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

Median Home$500,270
Median Rent$1,803/month
Population9,137
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare4% professional services
Home Value Growth⬆⬆+20.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners53% of occupied units
NotableHigh Incomes$136k/year · top 6% nationally
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
Flanders
NJ

Frequently Asked Questions

What are today's mortgage rates in Flanders?

As of today, the 30-year fixed mortgage rate for Flanders is approximately 6.841% (6.875% 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 Flanders?

The median home value in Flanders is $500k. The median monthly rent is $1,803. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Flanders?

Home values in Flanders have increased 20.2% 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 Flanders?

Based on a typical all-in ownership cost of $1,938/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $83k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Flanders is $136k/year.

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What industries drive the economy in Flanders?

The largest employment sectors in Flanders are public administration (20%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.