Overview / New Jersey

Hudson

county · 15 metrics · 5y change · report

Median gross rent
$1,811
+30.2% over 5y · rank 1/21
Median household income
$90,032
+26.5% over 5y · rank 2/21
Median owner-occupied home value
$508,600
+34.6% over 5y · rank 1/21
Total population
710,478
+6.0% over 5y · rank 3/21
Renters paying over 30% of income on housing
0.44
-0.3% over 5y · rank 14/21
Area median income (HUD)
$100,200
+30.3% over 5y · rank 1/21
Low-income limit, 80% AMI, 4-person household
$107,000
+35.6% over 5y · rank 1/21
Net migration, tax returns
-1,246
+49.6% over 5y · rank 9/21
Residential units permitted
5,310
-35.4% over 5y · rank 18/21
Home value to area median income
6.20
-7.7% over 5y · rank 1/21
Home value to household income
6.52
-5.8% over 5y · rank 1/21
Annual rent to household income
0.37
-2.6% over 5y · rank 1/16
Unemployment rate
4.1%
-44.6% over 5y · rank 2/21
Home value index, single-family
$647,064
+17.0% over 5y · rank 21/21
Observed rent index, all homes
$3,072
+37.1% over 5y · rank 4/17

Home value index, single-family

Home value index, single-family · 317 observations
$130,671$408,101$685,5312000-012026-06

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PeriodValueSourceMatched by
2026-06-01$647,064zillow_zhvifips
2026-05-01$647,265zillow_zhvifips
2026-04-01$647,190zillow_zhvifips
2026-03-01$645,631zillow_zhvifips
2026-02-01$642,330zillow_zhvifips
2026-01-01$639,734zillow_zhvifips
2025-12-01$639,311zillow_zhvifips
2025-11-01$640,655zillow_zhvifips
2025-10-01$641,706zillow_zhvifips
2025-09-01$642,530zillow_zhvifips
2025-08-01$643,052zillow_zhvifips
2025-07-01$643,650zillow_zhvifips
2025-06-01$643,784zillow_zhvifips
2025-05-01$643,004zillow_zhvifips
2025-04-01$641,939zillow_zhvifips
2025-03-01$640,643zillow_zhvifips
2025-02-01$641,052zillow_zhvifips
2025-01-01$641,734zillow_zhvifips
2024-12-01$641,368zillow_zhvifips
2024-11-01$639,047zillow_zhvifips
2024-10-01$635,364zillow_zhvifips
2024-09-01$630,993zillow_zhvifips
2024-08-01$626,164zillow_zhvifips
2024-07-01$622,493zillow_zhvifips

Observed rent index, all homes

Observed rent index, all homes · 136 observations
$1,828$2,496$3,1642015-012026-06

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PeriodValueSourceMatched by
2026-06-01$3,072zillow_zorifips
2026-05-01$3,058zillow_zorifips
2026-04-01$3,034zillow_zorifips
2026-03-01$3,023zillow_zorifips
2026-02-01$3,005zillow_zorifips
2026-01-01$3,002zillow_zorifips
2025-12-01$2,995zillow_zorifips
2025-11-01$3,003zillow_zorifips
2025-10-01$3,010zillow_zorifips
2025-09-01$3,019zillow_zorifips
2025-08-01$3,013zillow_zorifips
2025-07-01$3,003zillow_zorifips
2025-06-01$2,993zillow_zorifips
2025-05-01$2,982zillow_zorifips
2025-04-01$2,964zillow_zorifips
2025-03-01$2,943zillow_zorifips
2025-02-01$2,919zillow_zorifips
2025-01-01$2,908zillow_zorifips
2024-12-01$2,906zillow_zorifips
2024-11-01$2,917zillow_zorifips
2024-10-01$2,921zillow_zorifips
2024-09-01$2,917zillow_zorifips
2024-08-01$2,915zillow_zorifips
2024-07-01$2,907zillow_zorifips

Median household income

Median household income · 5 observations
$69,682$80,611$91,5392015-012019-01

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Show the underlying values and their sources
PeriodValueSourceMatched by
2019-01-01$90,032census_acsfips
2018-01-01$86,854census_acsfips
2017-01-01$79,795census_acsfips
2016-01-01$75,062census_acsfips
2015-01-01$71,189census_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$1,8114 / 212023-12-31census_acs
Median household income$90,03213 / 212023-12-31census_acs
Median owner-occupied home value$508,6005 / 212023-12-31census_acs
Total population710,4784 / 212023-12-31census_acs
Renters paying over 30% of income on housing0.443 / 212023-12-31census_acs
Area median income (HUD)$100,20020 / 212024-12-31hud
Low-income limit, 80% AMI, 4-person household$107,0001 / 212024-12-31hud
Net migration, tax returns-1,24614 / 212022-12-31irs_migration
Residential units permitted5,3101 / 212024-12-31census_permits
Home value to area median income6.2020 / 212024-12-31hip_derived
Home value to household income6.5219 / 212023-12-31hip_derived
Annual rent to household income0.3718 / 182023-12-31hip_derived
Unemployment rate4.1%6 / 212025-12-31bls
Home value index, single-family$647,0647 / 212026-06-30zillow_zhvi
Observed rent index, all homes$3,0721 / 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.

Hudson County shows strong economic indicators and favorable affordability metrics compared to its peers. The median owner-occupied home value increased by +34.6% between 2019 and 2023, while the median gross rent rose by +30.2%. Despite these increases, affordability ratios improved significantly, with the Home value to area median income dropping by -7.7%, and the Annual rent to household income decreasing by -2.6%. These metrics rank the region as the best end of their respective cohorts. Economically, the area median income (HUD) is ranked number one, showing a +30.3% increase, and the median household income is ranked number two, up +26.5%. The labor market appears robust, with the unemployment rate dropping by -44.6%, ranking the region second among peers. Furthermore, the total population grew by +6.0%, and net migration increased by +49.6%.

It is important to note that the analysis is subject to several caveats. The affordability ratios are computed by the platform and are not published by the source data providers. Additionally, the American Community Survey (ACS) 5-year estimates used for several metrics overlap by four years, meaning consecutive estimates are not independent measurements. For rent figures, the Observed rent index uses a thinner base and ranks against a smaller cohort than the home-value index.

Overall, while the median owner-occupied home value saw a substantial increase of +34.6%, the combination of strong income growth, low unemployment, and improving affordability ratios suggests a resilient market. The Home value index, single-family, is currently ranked number 21 of 21, showing a +17.0% increase over its window.

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