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Manalapan

Learn about the people, housing, costs and businesses in Manalapan, Florida

Median Home$470,800
Median Rent$3,333/month
Population411
Leading IndustriesManufacturing · Agriculture & Mining · Professional Services3% manufacturing
Home Value Growth⬇⬇-13.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners76% of occupied units
Manalapan
FL

Frequently Asked Questions

What are today's mortgage rates in Manalapan?

As of today, the 30-year fixed mortgage rate for Manalapan is approximately 6.950% (6.988% 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 Manalapan?

The median home value in Manalapan is $471k. The median monthly rent is $3,333. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manalapan?

Home values in Manalapan have decreased 13.2% over the past two years. Buyers may find more negotiating room in this market. 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 Manalapan?

Based on a typical all-in ownership cost of $2,145/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $92k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manalapan is $82k/year.

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What industries drive the economy in Manalapan?

The largest employment sectors in Manalapan are public administration (20%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.