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South Bound Brook

Learn about the people, housing, costs and businesses in South Bound Brook, New Jersey

Median Home$359,000
Median Rent$1,778/month
Population4,867
Leading IndustriesTransportation · Healthcare · Wholesale Trade4% transportation
Home Value Growth⬆⬆⬆+25.5% over 2 years
Young Adults34% of residentswell above average
Homeowners58% of occupied units
NotableHigh Incomes$113k/year · top 11% nationally
South Bound Brook
NJ

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

Frequently Asked Questions

What are today's mortgage rates in South Bound Brook?

As of today, the 30-year fixed mortgage rate for South Bound Brook is approximately 6.889% (6.925% 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 South Bound Brook?

The median home value in South Bound Brook is $359k. The median monthly rent is $1,778. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Bound Brook?

Home values in South Bound Brook have increased 25.5% 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 South Bound Brook?

Based on a typical all-in ownership cost of $1,991/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $85k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Bound Brook is $113k/year.

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What industries drive the economy in South Bound Brook?

The largest employment sectors in South Bound Brook are public administration (23%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.