Overview / New Jersey

Warren

county · 15 metrics · 5y change · report

Median gross rent
$1,368
+20.8% over 5y · rank 10/21
Median household income
$99,596
+22.5% over 5y · rank 9/21
Median owner-occupied home value
$323,100
+22.3% over 5y · rank 16/21
Total population
110,238
+4.1% over 5y · rank 9/21
Renters paying over 30% of income on housing
0.44
-2.6% over 5y · rank 8/21
Area median income (HUD)
$115,100
+17.7% over 5y · rank 19/21
Low-income limit, 80% AMI, 4-person household
$92,100
+17.3% over 5y · rank 21/21
Net migration, tax returns
162
+90.6% over 5y · rank 6/21
Residential units permitted
630
+233.3% over 5y · rank 2/21
Home value to area median income
3.53
+22.9% over 5y · rank 12/21
Home value to household income
3.78
+16.5% over 5y · rank 10/21
Annual rent to household income
0.21
+17.1% over 5y · rank 13/16
Unemployment rate
4.3%
-28.3% over 5y · rank 15/21
Home value index, single-family
$429,484
+30.0% over 5y · rank 18/21
Observed rent index, all homes
$2,046
+42.1% over 5y · rank 2/17

Home value index, single-family

Home value index, single-family · 318 observations
$152,366$301,293$450,2202000-012026-06

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PeriodValueSourceMatched by
2026-06-01$429,484zillow_zhvifips
2026-05-01$429,678zillow_zhvifips
2026-04-01$429,483zillow_zhvifips
2026-03-01$428,866zillow_zhvifips
2026-02-01$427,595zillow_zhvifips
2026-01-01$426,450zillow_zhvifips
2025-12-01$425,536zillow_zhvifips
2025-11-01$424,624zillow_zhvifips
2025-10-01$424,005zillow_zhvifips
2025-09-01$423,031zillow_zhvifips
2025-08-01$422,159zillow_zhvifips
2025-07-01$421,816zillow_zhvifips
2025-06-01$421,712zillow_zhvifips
2025-05-01$421,654zillow_zhvifips
2025-04-01$420,967zillow_zhvifips
2025-03-01$419,668zillow_zhvifips
2025-02-01$418,475zillow_zhvifips
2025-01-01$417,290zillow_zhvifips
2024-12-01$416,452zillow_zhvifips
2024-11-01$415,253zillow_zhvifips
2024-10-01$414,093zillow_zhvifips
2024-09-01$412,692zillow_zhvifips
2024-08-01$410,587zillow_zhvifips
2024-07-01$408,349zillow_zhvifips

Observed rent index, all homes

Observed rent index, all homes · 130 observations
$950$1,548$2,1452015-082026-06

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PeriodValueSourceMatched by
2026-06-01$2,046zillow_zorifips
2026-05-01$2,062zillow_zorifips
2026-04-01$2,049zillow_zorifips
2026-03-01$2,041zillow_zorifips
2026-02-01$2,012zillow_zorifips
2026-01-01$2,031zillow_zorifips
2025-12-01$2,015zillow_zorifips
2025-11-01$2,005zillow_zorifips
2025-10-01$1,966zillow_zorifips
2025-09-01$1,966zillow_zorifips
2025-08-01$1,970zillow_zorifips
2025-07-01$1,964zillow_zorifips
2025-06-01$1,953zillow_zorifips
2025-05-01$1,982zillow_zorifips
2025-04-01$1,959zillow_zorifips
2025-03-01$1,962zillow_zorifips
2025-02-01$1,937zillow_zorifips
2025-01-01$1,946zillow_zorifips
2024-12-01$1,924zillow_zorifips
2024-11-01$1,896zillow_zorifips
2024-10-01$1,893zillow_zorifips
2024-09-01$1,885zillow_zorifips
2024-08-01$1,871zillow_zorifips
2024-07-01$1,850zillow_zorifips

Median household income

Median household income · 5 observations
$79,844$90,452$101,0592015-012019-01

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PeriodValueSourceMatched by
2019-01-01$99,596census_acsfips
2018-01-01$92,620census_acsfips
2017-01-01$85,163census_acsfips
2016-01-01$83,497census_acsfips
2015-01-01$81,307census_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$1,36816 / 212023-12-31census_acs
Median household income$99,59611 / 212023-12-31census_acs
Median owner-occupied home value$323,10016 / 212023-12-31census_acs
Total population110,23819 / 212023-12-31census_acs
Renters paying over 30% of income on housing0.445 / 212023-12-31census_acs
Area median income (HUD)$115,10013 / 212024-12-31hud
Low-income limit, 80% AMI, 4-person household$92,10014 / 212024-12-31hud
Net migration, tax returns1625 / 212022-12-31irs_migration
Residential units permitted63017 / 212024-12-31census_permits
Home value to area median income3.538 / 212024-12-31hip_derived
Home value to household income3.786 / 212023-12-31hip_derived
Annual rent to household income0.212 / 182023-12-31hip_derived
Unemployment rate4.3%8 / 212025-12-31bls
Home value index, single-family$429,48415 / 212026-06-30zillow_zhvi
Observed rent index, all homes$2,04617 / 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 Warren County shows strong growth in development activity and rental costs. Residential units permitted increased by +233.3% over the 2019-2024 window, ranking 2 of 21 regions, while the Observed rent index, all homes, saw a significant rise of +42.1% (ranking 2 of 17). Median household income increased by +22.5% and the median owner-occupied home value rose by +22.3% over the 2019-2023 period. Furthermore, the total population grew by +4.1% and net migration increased by +90.6% between 2018 and 2022.

Despite these increases in income and housing values, the region ranks poorly on income metrics, with the Area median income (HUD) ranking 19 of 21 and the Low-income limit, 80% AMI, 4-person household ranking 21 of 21. The cost of housing, however, is rising rapidly, as evidenced by the Observed rent index, all homes, which reached $2,046 as of June 2026, and the median gross rent, which reached $1,368 by the end of 2023. While the median household income reached $99,596, the annual rent to household income ratio was 0.21 in 2023, and the home value to area median income ratio was 3.53 in 2024.

When interpreting these figures, it is important to note that the Area median income and low-income limit are county-level figures, and the American Community Survey (ACS) 5-year estimates overlap by four years, meaning consecutive estimates are not independent measurements. Additionally, the Observed rent index relies 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