New Jersey Housing Affordability Index
New Jersey’s MBR Housing Affordability Index score is 83.2 (Moderately Less Affordable) as of October 14, 2026, ranking 42nd most affordable of 51 states, compared with a national score of 97.1. On a median-priced $454,400 home in New Jersey with 20% down, the current 7.36% 30-year fixed rate means a monthly principal and interest payment of about $2,506, or 29% of the state’s $103,556 median household income.
Daily MBR Housing Affordability Index (MBR-HAI) score for New Jersey compared to the national average. Updated every night using live mortgage rates and U.S. Census Bureau income and home value data. A score of 100 equals the national average; higher scores mean homeownership is more affordable.
Housing Affordability Across U.S. States
MBR-HAI score for every state as of October 14, 2026, with New Jersey outlined. Green states are more affordable than the national baseline of 100; red states are less affordable. Hover for the rank; click through to any state.
National baseline = 100 (computed at the 6.5% reference rate). Scores update every morning. Hover any state for its rank; click to open that state's page.
Free to reuse with the citation shown on the image.
New Jersey Affordability Ranking
New Jersey MBR-HAI · 90-Day Trend
Dashed line = national average. Amber dashed line = 100 baseline. Score updates each morning after the nightly rate aggregation run.
Key Affordability Factors · New Jersey
Source: U.S. Census Bureau American Community Survey and Current Population Survey. Mortgage rate from MBR live rate database.
How New Jersey Ranks Among All States
| Rank | State | MBR-HAI Score | Affordability |
|---|---|---|---|
| ▲ See top 38 states → | |||
| 39 | Connecticut | 87.3 | Moderately Less Affordable |
| 40 | Nevada | 86.1 | Moderately Less Affordable |
| 41 | New Hampshire | 86.0 | Moderately Less Affordable |
| 42 | New Jersey You are here | 83.2 | Moderately Less Affordable |
| 43 | Colorado | 83.1 | Moderately Less Affordable |
| 44 | Washington | 81.9 | Moderately Less Affordable |
| 45 | Rhode Island | 80.7 | Moderately Less Affordable |
| ▼ See all 51 state rankings → | |||
Showing states ranked near New Jersey · October 14, 2026 • View complete national rankings →
Download New Jersey HAI Data
2026-10-14,NJ,83.2,97.1,7.355
Daily scores for all 51 states, filter by state or date in Excel or Google Sheets.
All States (CSV)Press & Citation Resources · New Jersey
Ready-to-publish sentences using today's New Jersey data, an email template you can send to clients, and direct contact for press inquiries or custom data requests.
Ready-to-Publish Sentences
Each sentence updates daily with the live New Jersey score. Free for editorial use with attribution to MonitorBankRates.
In New Jersey, the MonitorBankRates (MBR) Housing Affordability Index stood at 83.2 on October 14, 2026, ranking #42 of 51 U.S. states for homeownership affordability and indicating moderately less affordable conditions relative to the national baseline. The state-level reading combines New Jersey's 30-year mortgage rate average of 7.355% with U.S. Census Bureau housing values, household income, property taxes, and cost burden data.
“New Jersey's MonitorBankRates (MBR) Housing Affordability Index score of 83.2 places it #42 of 51 nationwide. Below the 100 baseline, that means buyer purchasing power in New Jersey is weaker than the long-run national average computed at a 6.5% mortgage rate. The state's 30-year average is currently 7.355%, and the index lags the national average.”
Brian McKay, MonitorBankRates
🏠 MonitorBankRates (MBR) Housing Affordability Index. New Jersey: 83.2 (Moderately Less Affordable), rank #42 of 51 states. 30-yr mortgage avg: 7.36%. National baseline = 100. Updated daily · via @MonitorBankRates → https://www.monitorbankrates.com/housing-affordability-index/new-jersey/
Housing affordability in New Jersey is currently sitting at 83.2 on the MonitorBankRates (MBR) Housing Affordability Index, ranking it #42 of 51 U.S. states. With 100 representing the long-term national baseline at a 6.5% reference rate, New Jersey's 30-year mortgage rate of 7.36% reflects moderately less affordable conditions for local buyers. The state lags the national average as a whole.
Mortgage Broker Email Template
Pre-written client update for New Jersey homebuyers. Personalize the bracketed fields and send.
For Press & Researchers
The New Jersey MBR-HAI is free to cite for editorial, academic, and policy use with attribution. We're happy to provide additional support:
- Custom data cuts: New Jersey metros, MSAs, or historical slices on request
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For our published citation history and recent media mentions, see MBR in the Press.
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