Cost of Living in Hunterdon County, New Jersey

$1,707/mo
Median Monthly Rent
$498,800
Median Home Value
8% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,707/mo
8% above state average
Median Home Value
$498,800
77% above national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Hunterdon County Compares

Median monthly rent comparison

Hunterdon County$1,707/mo
New Jersey Average$1,577/mo
National Median$1,163/mo

Detailed Housing Stats

$1,707/mo
Median Gross Rent
$498,800
Median Home Value
$2,384/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Hunterdon County, New Jersey

Hunterdon's high earners enjoy affordability

Hunterdon County achieves a 14.7% rent-to-income ratio—one of the nation's best—thanks to a median household income of $139,453 paired with a median rent of $1,707. This income level, 86% above the national median of $74,755, makes housing costs feel manageable despite New Jersey's elevated rents.

Most affordable county in New Jersey

Hunterdon's 14.7% rent-to-income ratio ranks as the best in New Jersey, well below the state average of 19.1%. The county combines above-average incomes with below-average rent pressures, creating the state's most favorable housing cost equation.

Significantly cheaper than Morris

Hunterdon's median rent of $1,707 is $153 less than nearby Morris County's $1,860, and Hunterdon households earn more ($139,453 vs. $134,929). This combination gives Hunterdon renters the most breathing room among the state's affluent northern counties.

Wealth softens housing burden

Renters spend $1,707 monthly while homeowners face $2,384, with the median household income of $139,453 absorbing both costs comfortably. Even at these price points, housing represents a manageable slice of Hunterdon's well-above-average paychecks.

The best housing deal in New Jersey

If you're relocating with a strong income, Hunterdon offers the state's best rent-to-income ratio at 14.7% and strong public services to match. High earners seeking New Jersey living without the affordability squeeze should prioritize Hunterdon's suburban communities.

Affordability Calculator

See how your income compares to housing costs in Hunterdon County

$

Rent Burden

14.7%

of gross income

Max Housing (28% Rule)

$3,254

per month

Owner Cost Burden

20.5%

of gross income

The median home in Hunterdon County may be a stretch

Median home value is $498,800. Estimated monthly cost: $3,982 vs. your max of $3,254.

Rent Affordability Guide

Your rent-to-income ratio14.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hunterdon County, New Jersey?
Hunterdon County, New Jersey has a median monthly rent of $1,707/mo and a median home value of $498,800. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Hunterdon County?
The median gross rent in Hunterdon County is $1,707/mo. This is 8% above state average for New Jersey.
Is Hunterdon County affordable?
Hunterdon County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hunterdon County's rent compare to the state average?
Hunterdon County's median rent of $1,707/mo is 8% above state average of $1,577/mo for New Jersey.
What is the median home value in Hunterdon County?
The median home value in Hunterdon County, New Jersey is $498,800. This is 77% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.