Hudson County
New Jersey ยท Pop. 724,854
Ranked #180 of 200 counties
24Crisis
Median Home Price
๐$520K
2.8% YoY
Median Rent
๐$2,200
Median Income
๐ฐ$75K
Rent Burden
๐35.5%
% of income to rent
Housing Shortage
๐๏ธ8,000
estimated unit deficit
Building Permits (2024)
๐4,500
Price-to-Income Ratio
โ๏ธ6.9x
Homeownership Rate
๐ก26.0%
How Hudson County Compares
| Metric | Hudson County | New Jersey | National |
|---|---|---|---|
| Home Price | $520K | $461K | $410K |
| Rent | $2,200 | $1,667 | $1,500 |
| Income | $75K | $100K | $75K |
| Rent Burden | 35.5% | 36.0% | 30.0% |
| Homeownership | 26.0% | 64.0% | 65.0% |
Key Takeaways
- โข Home prices are 27% above the national average.
- โข Rent is 47% above the national average.
- โข The county has an estimated housing shortage of 8,000 units.
- โข 4,500 building permits were issued in 2024.
- โข Year-over-year home prices changed by 2.8%.