Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Watchung Hills Regional

Learn about the people, housing, costs and businesses in Watchung Hills Regional, New Jersey

Median Home$856,050
Median Rent$2,242/month
Population31,323
Leading IndustriesArts, Food & Hospitality · Agriculture & Mining · Healthcare9% arts, food & hospitality
Home Value Growth⬆⬆⬆+21.2% over 2 years
Family-Friendly23% of residentsslightly above average
Homeowners88% of occupied units
NotableHigh Incomes$199k/year · top 2% nationally
NotableHighly Educated26% bachelor's · 12% graduate · top 16% nationally
Watchung Hills Regional
NJ

Explore Watchung Hills Regional

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

Frequently Asked Questions

What are today's mortgage rates in Watchung Hills Regional?

As of today, the 30-year fixed mortgage rate for Watchung Hills Regional is approximately 6.792% (6.824% 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 Watchung Hills Regional
What is the median home price in Watchung Hills Regional?

The median home value in Watchung Hills Regional is $856k. The median monthly rent is $2,242. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Watchung Hills Regional?

Home values in Watchung Hills Regional have increased 21.2% 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 Watchung Hills Regional?

Based on a typical all-in ownership cost of $2,818/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $121k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Watchung Hills Regional is $199k/year.

Calculate your buying power
What industries drive the economy in Watchung Hills Regional?

The largest employment sectors in Watchung Hills Regional are public administration (24%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.