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Greenwich

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

Median Home$268,300
Median Rent$1,300/month
Population246
Leading IndustriesManufacturing · Arts, Food & Hospitality · Professional Services2% manufacturing
Home Value Growth⬆⬆+13.3% over 2 years
Retirees57% of residentstop 1% nationally
Homeowners93% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableHigh Incomes$95k/year · top 21% nationally
Greenwich
NJ

Frequently Asked Questions

What are today's mortgage rates in Greenwich?

As of today, the 30-year fixed mortgage rate for Greenwich is approximately 6.870% (6.905% 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 Greenwich?

The median home value in Greenwich is $268k. The median monthly rent is $1,300. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Greenwich?

Home values in Greenwich have increased 13.3% 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 Greenwich?

Based on a typical all-in ownership cost of $1,364/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Greenwich is $95k/year.

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What industries drive the economy in Greenwich?

The largest employment sectors in Greenwich are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.