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Allentown, NJ

Full City Profile · New Jersey · Mercer County County

4.3 /5.0
A Great
1,926 Population 3,210/sq mi density
$134,583 Median Income $55,178 per capita
$397,100 Home Value $708,005 Zillow
$1,517 Median Rent 28.1% income on rent
53°F Avg Temperature 275 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.8 / 5.0
$134,583 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$397,100 home value, $1,517/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
53.2% bachelor's degree or higher

Housing Overview

Median Home Value
$397,100
41% above
US avg: $281,900
Median Rent
$1,517/mo
30% above
US avg: $1,163/mo
Homeownership Rate
77.7%
19% above US avg (65.4%)
Total Housing Units
728
Median year built: 1954

Home Value by Source

Census Median
$397,100
Zillow (ZHVI)
$708,005
Median Sale Price
$618,841
Median List Price
$499,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.7%
Owner-Occupied
22.3%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,517/mo

Market Indicators (Redfin)

Median Days on Market
74 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$202
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
77.7%

Complete Housing Data

Home Values

Census Median Value$397,100
Zillow Home Value (ZHVI)$708,005
Median Sale Price$618,841
Median List Price$499,999
Price Per Sq Ft$202

Rent

Census Median Rent$1,517
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market74
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Active Inventory4
Price Per Sq Ft$202

Ownership & Stock

Owner-Occupied77.7%
Renter-Occupied22.3%
Homeownership Rate77.7%
Total Housing Units728
Median Year Built1954
Rent Burden28.1%