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Perth Amboy

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

Median Home$364,075
Median Rent$1,697/month
Population55,855
Leading IndustriesFinance & Insurance · Information & Media · Transportation18% finance & insurance
Home Value Growth⬆⬆⬆+21.5% over 2 years
Young Adults29% of residentsslightly above average
Renters65% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableTransit79/100 · excellent transit access
Perth Amboy
NJ

Frequently Asked Questions

What are today's mortgage rates in Perth Amboy?

As of today, the 30-year fixed mortgage rate for Perth Amboy 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 Perth Amboy?

The median home value in Perth Amboy is $364k. The median monthly rent is $1,697. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Perth Amboy?

Home values in Perth Amboy have increased 21.5% 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 Perth Amboy?

Based on a typical all-in ownership cost of $1,735/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Perth Amboy is $66k/year.

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What industries drive the economy in Perth Amboy?

The largest employment sectors in Perth Amboy are information and media (18%) and finance and insurance (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.