Overview / New Jersey

Sussex

county · 14 metrics · 5y change · report

Median gross rent
$1,503
+14.4% over 5y · rank 21/21
Median household income
$114,316
+20.9% over 5y · rank 13/21
Median owner-occupied home value
$342,800
+28.1% over 5y · rank 10/21
Total population
145,117
+2.6% over 5y · rank 19/21
Renters paying over 30% of income on housing
0.49
+10.1% over 5y · rank 21/21
Area median income (HUD)
$130,300
+22.9% over 5y · rank 5/21
Low-income limit, 80% AMI, 4-person household
$97,800
+24.6% over 5y · rank 6/21
Net migration, tax returns
327
+447.9% over 5y · rank 3/21
Residential units permitted
184
+1.7% over 5y · rank 10/21
Home value to area median income
3.23
+22.0% over 5y · rank 11/21
Home value to household income
3.35
+20.9% over 5y · rank 13/21
Unemployment rate
4.3%
-31.7% over 5y · rank 8/21
Home value index, single-family
$451,872
+35.5% over 5y · rank 13/21
Observed rent index, all homes
$2,223
+28.8% over 5y · rank 17/17

Home value index, single-family

Home value index, single-family · 318 observations
$133,646$304,545$475,4442000-012026-06

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PeriodValueSourceMatched by
2026-06-01$451,872zillow_zhvifips
2026-05-01$451,107zillow_zhvifips
2026-04-01$450,269zillow_zhvifips
2026-03-01$449,078zillow_zhvifips
2026-02-01$447,940zillow_zhvifips
2026-01-01$446,955zillow_zhvifips
2025-12-01$446,180zillow_zhvifips
2025-11-01$444,871zillow_zhvifips
2025-10-01$443,550zillow_zhvifips
2025-09-01$442,255zillow_zhvifips
2025-08-01$440,925zillow_zhvifips
2025-07-01$439,702zillow_zhvifips
2025-06-01$438,534zillow_zhvifips
2025-05-01$437,343zillow_zhvifips
2025-04-01$435,940zillow_zhvifips
2025-03-01$434,239zillow_zhvifips
2025-02-01$433,331zillow_zhvifips
2025-01-01$432,412zillow_zhvifips
2024-12-01$431,918zillow_zhvifips
2024-11-01$431,184zillow_zhvifips
2024-10-01$430,630zillow_zhvifips
2024-09-01$429,504zillow_zhvifips
2024-08-01$427,629zillow_zhvifips
2024-07-01$425,172zillow_zhvifips

Observed rent index, all homes

Observed rent index, all homes · 54 observations
$1,635$1,951$2,2662022-012026-06

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PeriodValueSourceMatched by
2026-06-01$2,223zillow_zorifips
2026-05-01$2,200zillow_zorifips
2026-04-01$2,164zillow_zorifips
2026-03-01$2,145zillow_zorifips
2026-02-01$2,123zillow_zorifips
2026-01-01$2,130zillow_zorifips
2025-12-01$2,142zillow_zorifips
2025-11-01$2,168zillow_zorifips
2025-10-01$2,179zillow_zorifips
2025-09-01$2,183zillow_zorifips
2025-08-01$2,174zillow_zorifips
2025-07-01$2,186zillow_zorifips
2025-06-01$2,152zillow_zorifips
2025-05-01$2,125zillow_zorifips
2025-04-01$2,067zillow_zorifips
2025-03-01$2,097zillow_zorifips
2025-02-01$2,094zillow_zorifips
2025-01-01$2,119zillow_zorifips
2024-12-01$2,095zillow_zorifips
2024-11-01$2,131zillow_zorifips
2024-10-01$2,122zillow_zorifips
2024-09-01$2,104zillow_zorifips
2024-08-01$2,068zillow_zorifips
2024-07-01$2,057zillow_zorifips

Median household income

Median household income · 5 observations
$92,936$104,418$115,9002015-012019-01

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PeriodValueSourceMatched by
2019-01-01$114,316census_acsfips
2018-01-01$111,094census_acsfips
2017-01-01$101,645census_acsfips
2016-01-01$96,222census_acsfips
2015-01-01$94,520census_acsfips

Current values

Each metric’s most recent reading, ranked against peers by value rather than by change. The MOD-IV assessment aggregates appear only here: they are a single published snapshot, and a change needs two observations.

MetricValueRankAs ofSource
Median gross rent$1,50313 / 212023-12-31census_acs
Median household income$114,3166 / 212023-12-31census_acs
Median owner-occupied home value$342,80014 / 212023-12-31census_acs
Total population145,11717 / 212023-12-31census_acs
Renters paying over 30% of income on housing0.4912 / 212023-12-31census_acs
Area median income (HUD)$130,3006 / 212024-12-31hud
Low-income limit, 80% AMI, 4-person household$97,8005 / 212024-12-31hud
Net migration, tax returns3274 / 212022-12-31irs_migration
Residential units permitted18420 / 212024-12-31census_permits
Home value to area median income3.234 / 212024-12-31hip_derived
Home value to household income3.352 / 212023-12-31hip_derived
Annual rent to household income0.201 / 182023-12-31hip_derived
Unemployment rate4.3%8 / 212025-12-31bls
Home value index, single-family$451,87214 / 212026-06-30zillow_zhvi
Observed rent index, all homes$2,22313 / 192026-06-30zillow_zori

Interpretation

written by Gemma 4 E4B · ollama

The underlying figures have changed since this was written. Treat it as out of date until it is regenerated.

The housing market in Sussex County has experienced significant appreciation in both income and property values, alongside substantial cost increases for renters. Over the 2019-2023 window, median household income rose by +20.9%, while median owner-occupied home value saw an even larger increase of +28.1%. This appreciation is reflected in the Home value to household income ratio, which increased by +20.9% over the same period. Furthermore, the region saw a massive increase in Net migration, tax returns, which rose by +447.9% and ranks 3rd of 21 peers.

However, these gains are contrasted by severe affordability challenges. The region ranks worst (21/21) for both Median gross rent, which increased by +14.4% (2019-2023), and for Renters paying over 30% of income on housing, which rose by +10.1%. The Observed rent index, which covers all homes, saw a +28.8% increase and ranks 17th of 17 peers. While the total population only increased by +2.6% (2019-2023), the area median income (HUD) rose by +22.9% (2020-2024).

It is important to note that the analysis is subject to several caveats. The American Community Survey (ACS) 5-year vintages overlap by four years, meaning consecutive estimates are not independent measurements. Additionally, the Observed rent index, while showing a +28.8% increase, rests on a thinner base and ranks against a smaller cohort than the home-value index.

Generated by a local language model from this region's analysis packet. It is interpretation of computed metrics, not a measurement, and not advice.

Caveats