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Prospect Heights (Tract 003500)

Mercer, New Jersey

FIPS 34021003500

Juniper

Prospect Heights (Tract 003500) is in the highest 9% nationally for FEMA risk score. It also sits in the highest 9% nationally for home price growth over five years. And it sits in the lowest 19% nationally for home price growth over the past year.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$309,030

Lower than 58% of U.S. tracts
Home Price Growth, Past Five Years

73%

Higher than 91% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

91.5

Higher than 91% of U.S. tracts

The basics

Total Population

6,494

Median Age

39.9

Population Density

3,227.01

Home values & property tax

Median Property Tax

$6,638

Property Tax Rateyearly tax as a share of home value

2.7%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.08×

Lower than 67% of U.S. tracts
Median Income

$79,176

Near the U.S. tracts median
Median Rent

$1,494

Higher than 59% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

-2.3%

Lower than 81% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

56%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

35%

Climate & weather

Summer Avg High (°F)

84.1

Winter Avg Low (°F)

24.2

Avg Temperature (°F)

53.4

Hot Days/yr (>90°F)

23.8

Freezing Days/yr (<32°F)

108.9

Annual Precipitation (in)

47.9

Annual Snowfall (in)

26.6

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Prospect Heights (Tract 003500): frequently asked questions

What is the typical home value in Prospect Heights (Tract 003500)?
The estimated median home value in Prospect Heights (Tract 003500) today is $309,030, lower than 58% of U.S. tracts.
How much is property tax in Prospect Heights (Tract 003500)?
The median annual property tax in Prospect Heights (Tract 003500) is $6,638, an effective rate of 2.7% of home value.
Is Prospect Heights (Tract 003500) expensive to live in?
Homes in Prospect Heights (Tract 003500) cost about 3.08× the median household income, lower than 67% of U.S. tracts.
What is the average rent in Prospect Heights (Tract 003500)?
The median gross rent in Prospect Heights (Tract 003500) is $1,494 a month, higher than 59% of U.S. tracts.
How much have home prices grown in Prospect Heights (Tract 003500)?
Home prices in Prospect Heights (Tract 003500) have moved 73% over the past five years (-2.3% in the past year), per the FHFA House Price Index.
How many people live in Prospect Heights (Tract 003500)?
Prospect Heights (Tract 003500) has a population of 6,494, about 3,227.01 people per square mile, per the U.S. Census American Community Survey. The median age is 39.9.
What is the weather like in Prospect Heights (Tract 003500)?
Prospect Heights (Tract 003500) averages 53.4°F year-round, summer highs near 84.1°F, winter lows around 24.2°F (NOAA 1991–2020 normals). It sees about 26.6 inches of snow a year.
Is Prospect Heights (Tract 003500) at risk of flooding or natural disasters?
Prospect Heights (Tract 003500)'s FEMA National Risk Index score is 91.5 (higher than 91% of U.S. tracts). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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