Overview / New Jersey

Hunterdon

county · 13 metrics · 5y change · report

Median gross rent
$1,707
+18.0% over 5y · rank 17/21
Median household income
$139,453
+20.9% over 5y · rank 14/21
Median owner-occupied home value
$498,800
+20.2% over 5y · rank 21/21
Total population
129,448
+3.7% over 5y · rank 10/21
Renters paying over 30% of income on housing
0.41
-10.6% over 5y · rank 2/21
Area median income (HUD)
$146,200
+22.3% over 5y · rank 9/21
Low-income limit, 80% AMI, 4-person household
$104,800
+27.0% over 5y · rank 3/21
Net migration, tax returns
-48
+52.0% over 5y · rank 8/21
Residential units permitted
389
-43.1% over 5y · rank 20/21
Home value to area median income
4.14
+11.5% over 5y · rank 4/21
Home value to household income
4.01
+6.9% over 5y · rank 3/21
Unemployment rate
3.6%
-28.0% over 5y · rank 16/21
Home value index, single-family
$644,396
+29.5% over 5y · rank 19/21

Home value index, single-family

Home value index, single-family · 318 observations
$236,296$455,461$674,6252000-012026-06

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Show the underlying values and their sources
PeriodValueSourceMatched by
2026-06-01$644,396zillow_zhvifips
2026-05-01$644,250zillow_zhvifips
2026-04-01$642,762zillow_zhvifips
2026-03-01$640,302zillow_zhvifips
2026-02-01$636,980zillow_zhvifips
2026-01-01$634,863zillow_zhvifips
2025-12-01$632,978zillow_zhvifips
2025-11-01$630,417zillow_zhvifips
2025-10-01$628,031zillow_zhvifips
2025-09-01$626,388zillow_zhvifips
2025-08-01$625,725zillow_zhvifips
2025-07-01$626,102zillow_zhvifips
2025-06-01$626,809zillow_zhvifips
2025-05-01$627,230zillow_zhvifips
2025-04-01$626,324zillow_zhvifips
2025-03-01$623,873zillow_zhvifips
2025-02-01$621,765zillow_zhvifips
2025-01-01$620,243zillow_zhvifips
2024-12-01$619,852zillow_zhvifips
2024-11-01$619,029zillow_zhvifips
2024-10-01$617,291zillow_zhvifips
2024-09-01$614,960zillow_zhvifips
2024-08-01$612,774zillow_zhvifips
2024-07-01$610,881zillow_zhvifips

Median household income

Median household income · 5 observations
$113,453$127,416$141,3792015-012019-01

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Show the underlying values and their sources
PeriodValueSourceMatched by
2019-01-01$139,453census_acsfips
2018-01-01$133,534census_acsfips
2017-01-01$123,373census_acsfips
2016-01-01$117,858census_acsfips
2015-01-01$115,379census_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$1,7077 / 212023-12-31census_acs
Median household income$139,4531 / 212023-12-31census_acs
Median owner-occupied home value$498,8006 / 212023-12-31census_acs
Total population129,44818 / 212023-12-31census_acs
Renters paying over 30% of income on housing0.411 / 212023-12-31census_acs
Area median income (HUD)$146,2001 / 212024-12-31hud
Low-income limit, 80% AMI, 4-person household$104,8002 / 212024-12-31hud
Net migration, tax returns-488 / 212022-12-31irs_migration
Residential units permitted38918 / 212024-12-31census_permits
Home value to area median income4.1412 / 212024-12-31hip_derived
Home value to household income4.018 / 212023-12-31hip_derived
Unemployment rate3.6%1 / 212025-12-31bls
Home value index, single-family$644,3968 / 212026-06-30zillow_zhvi

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 region has seen significant growth in income metrics, with the median household income rising 20.9% between 2019 and 2023, and the Area median income (HUD) increasing 22.3% between 2020 and 2024. This income growth has been accompanied by improvements in affordability ratios, as evidenced by the decrease of 10.6% in renters paying over 30% of income on housing, which ranks 2 of 21. Furthermore, the low-income limit for a 4-person household increased by 27.0%, ranking 3 of 21, while the home value to household income ratio increased by 6.9%, also ranking 3 of 21.

However, the housing supply and value metrics indicate significant strain. The median owner-occupied home value increased by 20.2% over the 2019-2023 window, ranking 21 of 21, and the home value index for single-family homes rose 29.5% between 2021 and 2026, ranking 19 of 21. This rapid appreciation is contrasted by a sharp decline of 43.1% in residential units permitted between 2019 and 2024, ranking 20 of 21. While the median gross rent increased by 18.0%, the region's total population grew by 3.7% over the same period.

Overall, the region experienced a substantial increase in net migration, which rose 52.0% between 2018 and 2022, ranking 8 of 21. The unemployment rate also saw a notable drop of 28.0% between 2020 and 2025. It is important to note that the Area median income and low-income limit figures are county-level data published by HUD, and the ACS 5-year vintage estimates overlap by four years, meaning consecutive estimates are not independent measurements.

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