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Rio Grande, NJ

Full City Profile · New Jersey · Cape May County County

3.3 /5.0
B Good
3,285 Population 1,217/sq mi density
$97,590 Median Income $49,391 per capita
$311,900 Home Value $419,706 Zillow
$1,486 Median Rent 28.5% income on rent
56°F Avg Temperature 297 sunny days/yr
686 Violent Crime/100K 3,774 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$97,590 median income, 6.9% unemployment
A+
Affordability
4.9 / 5.0
$311,900 home value, $1,486/mo rent
F
Safety
1.0 / 5.0
686 violent crimes/100K (81% above avg)
B
Education
3.2 / 5.0
28.0% bachelor's degree or higher

Housing Overview

Median Home Value
$311,900
11% above
US avg: $281,900
Median Rent
$1,486/mo
28% above
US avg: $1,163/mo
Homeownership Rate
75.9%
16% above US avg (65.4%)
Total Housing Units
2,011
Median year built: 1990

Home Value by Source

Census Median
$311,900
Zillow (ZHVI)
$419,706
Median Sale Price
$340,000
Median List Price
$479,990
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.9%
Owner-Occupied
24.1%
Renter-Occupied
76%
24%
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: $1,486/mo

Market Indicators (Redfin)

Median Days on Market
114 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
36.4%
of listings with price reduction
Price Per Sq Ft
$283
Active Inventory
22
homes for sale

Affordability & Housing Stock

Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
75.9%

Complete Housing Data

Home Values

Census Median Value$311,900
Zillow Home Value (ZHVI)$419,706
Median Sale Price$340,000
Median List Price$479,990
Price Per Sq Ft$283

Rent

Census Median Rent$1,486
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 Market114
Sale-to-List Ratio0.9%
Price Drops36.4%
Homes Sold1
Active Inventory22
Price Per Sq Ft$283

Ownership & Stock

Owner-Occupied75.9%
Renter-Occupied24.1%
Homeownership Rate75.9%
Total Housing Units2,011
Median Year Built1990
Rent Burden28.5%