Middlesex County
New Jersey · Pop. 863,162
Ranked #150 of 200 counties
32Crisis
Median Home Price
🏠$480K
4.0% YoY
Median Rent
🔑$1,900
Median Income
💰$90K
Rent Burden
📊28.5%
% of income to rent
Housing Shortage
🏗️8,000
estimated unit deficit
Building Permits (2024)
📋3,800
Price-to-Income Ratio
⚖️5.3x
Homeownership Rate
🏡62.0%
How Middlesex County Compares
| Metric | Middlesex County | New Jersey | National |
|---|---|---|---|
| Home Price | $480K | $461K | $410K |
| Rent | $1,900 | $1,667 | $1,500 |
| Income | $90K | $100K | $75K |
| Rent Burden | 28.5% | 36.0% | 30.0% |
| Homeownership | 62.0% | 64.0% | 65.0% |
Key Takeaways
- • Home prices are 17% above the national average.
- • Rent is 27% above the national average.
- • The county has an estimated housing shortage of 8,000 units.
- • 3,800 building permits were issued in 2024.
- • Year-over-year home prices changed by 4.0%.