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Leonia

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

Median Home$664,350
Median Rent$2,370/month
Population9,336
Leading IndustriesProfessional Services · Transportation · Arts, Food & Hospitality5% professional services
Home Value Growth⬆⬆+12.3% over 2 years
Young Adults23% of residents
Homeowners70% of occupied units
NotableHighly Educated35% bachelor's · 16% graduate · top 3% nationally
NotableHigh Incomes$143k/year · top 5% nationally
Leonia
NJ

Frequently Asked Questions

What are today's mortgage rates in Leonia?

As of today, the 30-year fixed mortgage rate for Leonia is approximately 6.810% (6.843% 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 Leonia?

The median home value in Leonia is $664k. The median monthly rent is $2,370. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Leonia?

Home values in Leonia have increased 12.3% 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 Leonia?

Based on a typical all-in ownership cost of $2,666/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $114k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Leonia is $143k/year.

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What industries drive the economy in Leonia?

The largest employment sectors in Leonia are public administration (21%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.