Quick facts: Clinton, NJ

Quick Facts

112.9
Cost of Living
above US average
2,787
Population
4.31
Crime Rate per 1000
below US average
$137,688
Median Income
above US average
$550,000
Median House Price
above US average
$2207.86
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $137,688.

🏠

Income Needed to Buy

βœ— Stretch
$173k/year
Based on $550,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $173k vs median $137,688
🏒

Income Needed to Rent

βœ“ Affordable
$95k/year
Based on $2207.86/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($137,688) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Clinton, NJ

Clinton, New Jersey, is a charming borough located within Hunterdon County. With a population of approximately 2,800 residents, it offers a quaint, tight-knit community atmosphere. Clinton is renowned for its picturesque landscapes, including the iconic Red Mill, a historic gristmill that dates back to the 18th century, which is situated along the South Branch of the Raritan River. The town boasts a rich history evident in its preserved buildings and vibrant Main Street, featuring a selection of boutique shops, dining options, and art galleries. Outdoor enthusiasts can enjoy numerous recreational activities, with parks such as the nearby Spruce Run Recreation Area offering hiking, fishing, and picnic spots. Clinton is also conveniently located along major routes, providing easy access to larger cities like Flemington and Bridgewater. The local school districts are well-regarded, making it a desirable location for families. Overall, Clinton presents a perfect blend of historical charm, natural beauty, and community spirit, making it a delightful place to live or visit.

πŸ” Search & Compare Places

First Location πŸ“