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Roosevelt

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

Median Home$656,500
Median Rent$2,579/month
Population767
Leading IndustriesTransportation · Arts, Food & Hospitality · Healthcare7% transportation
Home Value Growth⬆⬆+20.0% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners91% of occupied units
NotableHigh Incomes$202k/year · top 1% nationally
NotableHighly Educated33% bachelor's · 15% graduate · top 5% nationally
Roosevelt
NJ

Frequently Asked Questions

What are today's mortgage rates in Roosevelt?

As of today, the 30-year fixed mortgage rate for Roosevelt is approximately 6.796% (6.829% 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 Roosevelt?

The median home value in Roosevelt is $657k. The median monthly rent is $2,579. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Roosevelt?

Home values in Roosevelt have increased 20.0% 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 Roosevelt?

Based on a typical all-in ownership cost of $2,571/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $110k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Roosevelt is $202k/year.

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What industries drive the economy in Roosevelt?

The largest employment sectors in Roosevelt are public administration (21%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.