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Zarephath

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

Median Home$594,600
Median Rent$2,786/month
Population71
Leading IndustriesArts, Food & Hospitality · Healthcare · Finance & Insurance11% arts, food & hospitality
Home Value Growth⬆⬆+17.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners79% of occupied units
NotableHigh Incomes$151k/year · top 4% nationally
NotableHighly Educated28% bachelor's · 22% graduate · top 12% nationally
Zarephath
NJ

Frequently Asked Questions

What are today's mortgage rates in Zarephath?

As of today, the 30-year fixed mortgage rate for Zarephath is approximately 6.862% (6.897% 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 Zarephath?

The median home value in Zarephath is $595k. The median monthly rent is $2,786. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Zarephath?

Home values in Zarephath have increased 17.6% 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 Zarephath?

Based on a typical all-in ownership cost of $2,424/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $104k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Zarephath is $151k/year.

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What industries drive the economy in Zarephath?

The largest employment sectors in Zarephath are public administration (18%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.