MonitorBankRates
☰
New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Hancocks Bridge, NJ Housing Affordability Index

Hancocks Bridge, New Jersey has an MBR Housing Affordability Index score of 187.5 (Highly Affordable) as of October 30, 2026, ranking 1st most affordable of 455 scored New Jersey cities, compared with 83.4 statewide and 97.4 nationally. On a median-priced $124,700 home with 20% down, the New Jersey average 30-year fixed rate of 7.27% means a monthly principal and interest payment of about $682, or 10% of the city’s $80,625 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Hancocks Bridge is updated every night from live New Jersey mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Hancocks Bridge MBR-HAI 187.5 Highly Affordable
Rank in New Jersey 1 of 455 1 = most affordable
New Jersey 83.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.27% New Jersey lenders
Median home value $124,700 U.S. Census Bureau

Hancocks Bridge is 104.0 points above the New Jersey score. Scores as of October 30, 2026. See the New Jersey index

View Hancocks Bridge Mortgage Rates

What It Takes to Buy in Hancocks Bridge

$682/mo
Principal & Interest
Median home, 20% down, 7.27%
$29,200
Income Needed
To keep the payment at 28% of income
$80,625
Median Household Income
New Jersey: $103,556
1.5x
Price-to-Income Ratio
New Jersey: 4.4x
$744/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,368/yr
Median Property Tax
1.10% of median value
32.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
49.7%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Hancocks Bridge, New Jersey. The rate is the New Jersey average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

How Hancocks Bridge Ranks in New Jersey

Cities with similar scores
#1Hancocks Bridge187.5
#2Delmont183.0 #3Oceanville182.7 #4Richland181.1
Powered byMonitorBankRates

Cite the Hancocks Bridge Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Hancocks Bridge, New Jersey score: 187.5 (Highly Affordable), ranked 1 of 455 New Jersey cities. monitorbankrates.com/housing-affordability-index/new-jersey/hancocks-bridge”