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Nesco

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

Median Home$295,600
Median Rent$1,125/month
Population423
Leading IndustriesTransportation · Public Administration · Manufacturing5% transportation
Home Value Growth+2.4% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners93% of occupied units
NotableHigh Incomes$93k/year · top 22% nationally
Nesco
NJ

Frequently Asked Questions

What are today's mortgage rates in Nesco?

As of today, the 30-year fixed mortgage rate for Nesco is approximately 7.465% (7.521% 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 Nesco?

The median home value in Nesco is $296k. The median monthly rent is $1,125. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nesco?

Home values in Nesco have increased 2.4% over the past two years. The market has been relatively stable. 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 Nesco?

Based on a typical all-in ownership cost of $1,709/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nesco is $93k/year.

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What industries drive the economy in Nesco?

The largest employment sectors in Nesco are public administration (29%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.