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Rumson-Fair Haven Regional

Learn about the people, housing, costs and businesses in Rumson-Fair Haven Regional, New Jersey

Median Home$1,431,434
Median Rent$3,496/month
Population13,411
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services25% healthcare
Home Value Growth⬆⬆+20.2% over 2 years
Young Adults28% of residentsnear the national average
Homeowners92% of occupied units
NotableHigh Incomes$250k/year · top 1% nationally
NotableHighly Educated32% bachelor's · 23% graduate · top 2% nationally
Rumson-Fair Haven Regional
NJ

Explore Rumson-Fair Haven Regional

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Rumson-Fair Haven Regional?

As of today, the 30-year fixed mortgage rate for Rumson-Fair Haven Regional is approximately 7.004% (7.037% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Rumson-Fair Haven Regional
What is the median home price in Rumson-Fair Haven Regional?

The median home value in Rumson-Fair Haven Regional is $1.4M. The median monthly rent is $3,496. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rumson-Fair Haven Regional?

Home values in Rumson-Fair Haven Regional have increased 20.2% 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 Rumson-Fair Haven Regional?

Based on a typical all-in ownership cost of $3,775/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $162k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rumson-Fair Haven Regional is $250k/year.

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What industries drive the economy in Rumson-Fair Haven Regional?

The largest employment sectors in Rumson-Fair Haven Regional are healthcare (25%) and arts, food, and hospitality (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.