Hudson County

New Jersey ยท Pop. 724,854

Ranked #180 of 200 counties

24Crisis

Median Home Price

๐Ÿ 

$520K

2.8% YoY

Median Rent

๐Ÿ”‘

$2,200

Median Income

๐Ÿ’ฐ

$75K

Rent Burden

๐Ÿ“Š

35.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

8,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

4,500

Price-to-Income Ratio

โš–๏ธ

6.9x

Homeownership Rate

๐Ÿก

26.0%

How Hudson County Compares

MetricHudson CountyNew JerseyNational
Home Price$520K$461K$410K
Rent$2,200$1,667$1,500
Income$75K$100K$75K
Rent Burden35.5%36.0%30.0%
Homeownership26.0%64.0%65.0%

Key Takeaways

  • โ€ข Home prices are 27% above the national average.
  • โ€ข Rent is 47% above the national average.
  • โ€ข The county has an estimated housing shortage of 8,000 units.
  • โ€ข 4,500 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 2.8%.