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Pedricktown

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

Median Home$326,700
Median Rent$1,806/month
Population469
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare36% public administration
Home Value Growth⬆⬆⬆+34.4% over 2 years
Young Adults33% of residentswell above average
Homeowners87% of occupied units
NotableTransit96/100 · excellent transit access
NotableHighly Educated34% bachelor's · 13% graduate · top 4% nationally
Pedricktown
NJ

Frequently Asked Questions

What are today's mortgage rates in Pedricktown?

As of today, the 30-year fixed mortgage rate for Pedricktown is approximately 6.928% (6.965% 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 Pedricktown?

The median home value in Pedricktown is $327k. The median monthly rent is $1,806. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pedricktown?

Home values in Pedricktown have increased 34.4% 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 Pedricktown?

Based on a typical all-in ownership cost of $1,688/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pedricktown is $113k/year.

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What industries drive the economy in Pedricktown?

The largest employment sectors in Pedricktown are public administration (36%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.