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Hi-Nella

Learn about the people, housing, costs and businesses in Hi-Nella, New Jersey

Median Home$286,700
Median Rent$1,666/month
Population912
Leading IndustriesTransportation · Public Administration · Education4% transportation
Home Value Growth⬆⬆⬆+27.3% over 2 years
Young Adults29% of residentsslightly above average
Homeowners79% of occupied units
NotableHigh Incomes$102k/year · top 16% nationally
Hi-Nella
NJ

Frequently Asked Questions

What are today's mortgage rates in Hi-Nella?

As of today, the 30-year fixed mortgage rate for Hi-Nella is approximately 6.874% (6.909% 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 Hi-Nella?

The median home value in Hi-Nella is $287k. The median monthly rent is $1,666. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hi-Nella?

Home values in Hi-Nella have increased 27.3% 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 Hi-Nella?

Based on a typical all-in ownership cost of $1,870/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $80k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hi-Nella is $102k/year.

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What industries drive the economy in Hi-Nella?

The largest employment sectors in Hi-Nella are public administration (29%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.