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Lenape Regional

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

Median Home$396,174
Median Rent$2,132/month
Population148,310
Leading IndustriesArts, Food & Hospitality · Transportation · Healthcare10% arts, food & hospitality
Home Value Growth⬆⬆⬆+24.6% over 2 years
Retirees21% of residentsslightly above average
Homeowners81% of occupied units
NotableHighly Educated28% bachelor's · 12% graduate · top 10% nationally
NotableHigh Incomes$128k/year · top 14% nationally
Lenape Regional
NJ

Frequently Asked Questions

What are today's mortgage rates in Lenape Regional?

As of today, the 30-year fixed mortgage rate for Lenape Regional is approximately 6.881% (6.917% 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 Lenape Regional?

The median home value in Lenape Regional is $396k. The median monthly rent is $2,132. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lenape Regional?

Home values in Lenape Regional 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 Lenape Regional?

Based on a typical all-in ownership cost of $2,096/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $90k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lenape Regional is $128k/year.

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What industries drive the economy in Lenape Regional?

The largest employment sectors in Lenape Regional are public administration (26%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.