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West Park

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

Median Home$250,900
Median Rent$964/month
Population1,437
Leading IndustriesTransportation · Public Administration · Manufacturing4% transportation
Home Value Growth+9.5% over 2 years
Retirees25% of residentsabove average nationally
Homeowners84% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableHigh Incomes$98k/year · top 19% nationally
West Park
NJ

Frequently Asked Questions

What are today's mortgage rates in West Park?

As of today, the 30-year fixed mortgage rate for West Park is approximately 6.987% (7.026% 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 West Park?

The median home value in West Park is $251k. The median monthly rent is $964. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Park?

Home values in West Park have increased 9.5% over the past two years. This represents moderate growth. 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 West Park?

Based on a typical all-in ownership cost of $1,373/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in West Park is $98k/year.

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What industries drive the economy in West Park?

The largest employment sectors in West Park are public administration (28%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.