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Edison, NJ Housing

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As of 2005-2009, median price of a house in Edison is $376,500, which is higher than the state average of $319,900 and is much higher than the national average of $175,700. The Edison median house value has grown by 101.44% since 2000. The growth rate for the price of a house in Edison is higher than the state average rate of 87.30% and is much higher than the national average rate of 46.91%. The median year that a house in Edison was built is 1973, which is newer than the median year for a house built in the state which is 1964 and is about the same as the median year for a house built in the USA which is 1974.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 21,203 Owner Occupied Houses in Edison, NJ, see rank

Edison, NJ	376,500 USD
New Jersey	356,800 USD
U.S.	185,400 USD

Median House Price Growth Since 2000, see rank

Edison, NJ	101.44%
New Jersey	87.30%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2005-2009 data. View historical house value data.

Housing Occupancy

	Edison, NJ	New Jersey	U.S.
Total Housing Units	34,151, see rank, 100%	3,492,160	127,699,712
Occupied Housing Units	33,066, 96.82%, see rank	90.28%	88.18%
Owner Occupied	21,203, 62.09%, see rank	60.62%	58.98%
Renter Occupied	11,863, 34.74%, see rank	29.67%	29.20%
Vacant Housing Units	1,085, 3.18%, see rank	9.72%	11.82%
For Rent	278, 0.81%, see rank	2.17%	2.52%
For Sale Only	273, 0.80%, see rank	1.07%	1.39%
Rented or Sold, Not Occupied	100, 0.29%, see rank	0.78%	0.99%
For Seasonal, Recreational, or Occasional Use	79, 0.23%, see rank	3.50%	3.45%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	355, 1.04%, see rank	2.19%	3.44%

*Based on 2005-2009 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, see rank

Edison, NJ	New Jersey	U.S.
1973	1964	1974

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2005-2009 data. View historical year structure built data.

Mortgage Status

	Edison, NJ	%	New Jersey	U.S.
Owner-Occupied Units	21,203	100%	2,116,888	75,320,422
With a Mortgage	15,226	71.81%, see rank	71.32%	68.07%
Without a Mortgage	5,977	28.19%, see rank	28.68%	31.93%

*Based on 2005-2009 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Edison, NJ	2,331 USD
New Jersey	2,296 USD
U.S.	1,486 USD

Owner Costs Distribution

Monthly Owner Costs	Edison, NJ	%	New Jersey	U.S.
$299 or Less	11	0.07%, see rank	0.09%	0.25%
$300 to $499	59	0.39%, see rank	0.53%	2.04%
$500 to $699	250	1.64%, see rank	1.25%	5.81%
$700 to $999	563	3.70%, see rank	3.65%	15.11%
$1,000 to $1,499	1,757	11.54%, see rank	13.25%	27.52%
$1,500 to $1,999	2,866	18.82%, see rank	19.81%	19.69%
$2,000 to $2,999	5,663	37.19%, see rank	34.27%	18.64%
$3,000 or More	4,057	26.65%, see rank	27.15%	10.94%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Edison, NJ	26.80% of the Total Income
New Jersey	28.10% of the Total Income
U.S.	24.80% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Edison, NJ	%	New Jersey	U.S.
10% or Less	721	4.74%, see rank	4.06%	4.96%
10% to 20%	4,002	26.28%, see rank	22.29%	29.32%
20% to 30%	4,069	26.72%, see rank	28.67%	28.59%
30% to 40%	2,793	18.34%, see rank	17.95%	15.19%
40% or More	3,641	23.91%, see rank	26.74%	21.54%

*Based on 2005-2009 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Edison, NJ	877 USD
New Jersey	852 USD
U.S.	419 USD

Owner Costs Distribution

Monthly Owner Costs	Edison, NJ	%	New Jersey	U.S.
$199 or Less	87	1.46%, see rank	1.11%	9.53%
$200 to $299	95	1.59%, see rank	1.81%	17.52%
$300 to $499	266	4.45%, see rank	8.56%	35.99%
$500 to $699	1,226	20.51%, see rank	20.03%	19.44%
$700 or More	4,303	71.99%, see rank	68.50%	17.51%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Edison, NJ	15.80% of the Total Income
New Jersey	18.50% of the Total Income
U.S.	12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Edison, NJ	%	New Jersey	U.S.
10% or Less	1,669	27.92%, see rank	21.21%	38.97%
10% to 20%	1,883	31.50%, see rank	32.48%	31.92%
20% to 30%	1,132	18.94%, see rank	17.54%	12.69%
30% to 40%	396	6.63%, see rank	9.39%	5.92%
40% or More	790	13.22%, see rank	18.63%	9.52%

*Based on 2005-2009 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Edison, NJ	New Jersey	U.S.
Total Housing Units	34,151, 100%	3,492,160	127,699,712
1-unit, Detached	17,272, 50.58%, see rank	53.91%	61.57%
1-unit, Attached	3,745, 10.97%, see rank	9.20%	5.70%
2 Units	1,143, 3.35%, see rank	9.50%	3.94%
3 or 4 Units	1,612, 4.72%, see rank	6.52%	4.51%
5 to 9 Units	3,731, 10.93%, see rank	4.95%	4.87%
10 or More Units	6,464, 18.93%, see rank	14.88%	12.58%
Mobile Home, Boat, RV, Van, etc.	184, 0.54%, see rank	1.05%	6.85%

*Based on 2005-2009 data. View historical units in structure data.

Rooms

	Edison, NJ	New Jersey	U.S.
Total Housing Units	34,151, 100%	3,492,160	127,699,712
1 Room	74, 0.22%, see rank	2.17%	1.39%
2 Rooms	717, 2.10%, see rank	2.72%	2.78%
3 Rooms	5,067, 14.84%, see rank	10.39%	9.07%
4 Rooms	5,538, 16.22%, see rank	15.07%	17.03%
5 Rooms	5,796, 16.97%, see rank	16.79%	21.24%
6 Rooms	5,205, 15.24%, see rank	16.50%	18.70%
7 Rooms	4,360, 12.77%, see rank	12.92%	12.36%
8 Rooms	3,849, 11.27%, see rank	10.68%	8.26%
9 Rooms or More	3,545, 10.38%, see rank	12.75%	9.16%
Median Rooms	5.50, see rank	5.70	5.40

*Based on 2005-2009 data. View historical rooms data.

Bedrooms

	Edison, NJ	New Jersey	U.S.
Total Housing Units	34,151, 100%	3,492,160	127,699,712
No Bedroom	120, 0.35%, see rank	2.40%	1.66%
1 Bedroom	6,485, 18.99%, see rank	14.48%	11.48%
2 Bedrooms	9,290, 27.20%, see rank	25.96%	27.48%
3 Bedrooms	9,939, 29.10%, see rank	32.72%	39.79%
4 Bedrooms	6,722, 19.68%, see rank	19.01%	15.64%
5 or More Bedrooms	1,595, 4.67%, see rank	5.43%	3.94%

*Based on 2005-2009 data. View historical bedrooms data.

House Heating Fuel

	Edison, NJ	New Jersey	U.S.
Total Housing Units	33,066, 100%	3,152,877	112,611,029
Utility Gas	28,747, 86.94%, see rank	71.71%	50.14%
Bottled, Tank, or LP Gas	232, 0.70%, see rank	2.13%	5.58%
Electricity	1,668, 5.04%, see rank	10.53%	33.56%
Fuel Oil, Kerosene, etc.	2,242, 6.78%, see rank	14.72%	7.38%
Coal or Coke	46, 0.14%, see rank	0.05%	0.12%
Wood	0, 0.00%, see rank	0.32%	1.89%
Solar Energy	0, 0.00%, see rank	0.01%	0.03%
Other Fuel	47, 0.14%, see rank	0.28%	0.42%
No Fuel Used	84, 0.25%, see rank	0.26%	0.88%

*Based on 2005-2009 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Edison, NJ	New Jersey	U.S.
Occupied Units Paying Rent	11,632, 100%	999,842	35,101,833
$199 or Less	72, 0.62%, see rank	2.66%	2.52%
$200 to $299	252, 2.17%, see rank	2.99%	3.53%
$300 to $499	307, 2.64%, see rank	4.29%	10.66%
$500 to $699	302, 2.60%, see rank	7.34%	20.44%
$700 to $999	1,695, 14.57%, see rank	27.12%	29.94%
$1,000 to $1,499	5,933, 51.01%, see rank	37.53%	22.31%
$1,500 to $1,999	2,485, 21.36%, see rank	12.14%	6.90%
$2,000 or More	586, 5.04%, see rank	5.93%	3.71%
Median	$1,258, see rank	$1,059	$817

*Based on 2005-2009 data. View historical gross rent data.

Vehicle Available

	Edison, NJ	New Jersey	U.S.
Occupied Housing Units	33,066, 100%	3,152,877	112,611,029
No Vehicles Available	1,884, 5.70%, see rank	11.59%	8.80%
1 Vehicles Available	11,470, 34.69%, see rank	34.01%	33.21%
2 Vehicles Available	13,927, 42.12%, see rank	37.15%	37.98%
3 or More Vehicles Available	5,785, 17.50%, see rank	17.25%	20.01%

*Based on 2005-2009 data. View historical vehicle available data.