According to statistics, the population in Boonton, NJ amounts to 8,390, which shows decline 0% compared to the previous year. The median age of the city’s residents is 39. The average household income is $91,055, shifting growth 1% from the past year, and the average property value in Boonton, NJ decline 0% to $367,700 throughout the year.
|Number Of Employees||5,066|
|Median Property Value||$367,700|
The average household income in Boonton, NJ grew from $90,082 to $91,055 in the past year. This data is an estimate based upon 3,134 households in Boonton, NJ . The chart below presents how household income is distributed in Boonton, NJ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Boonton, NJ shifted from $367,900 to $367,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Boonton, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Boonton, NJ properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Boonton, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Boonton, NJ equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Boonton, NJ increased by 7.6% to $541,600.
Asking price for 2-bed apartment also increased by 16.5% and a place of this size will now cost you $495,000. A 3-bed apartment goes for $516,500, it increased by 1.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 8.5% and made it up to $620,000.
Price reports demonstrate that house price increased by 7.5% this month making it up to $555,562. The price statistics of lofts have not significantly changed, it now still goes for $619,000. Value of the townhouses didn’t change, the price still starts at $495,000.