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Albion Place (Tract 124601)

Passaic, New Jersey

FIPS 34031124601

Juniper

Albion Place (Tract 124601) is in the lowest 39% nationally for FEMA risk score. It also sits in the highest 8% nationally for home price against income. And it sits in the lowest 17% nationally for home price growth over the past year.

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

$557,698

Higher than 75% of U.S. tracts
Home Price Growth, Past Five Years

54%

Higher than 57% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

39.6

Lower than 61% of U.S. tracts

The basics

Total Population

4,267

Median Age

50.3

Population Density

6,913.57

Home values & property tax

Median Property Tax

$9,585

Property Tax Rateyearly tax as a share of home value

2.2%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

8.25×

Higher than 92% of U.S. tracts
Median Income

$53,212

Lower than 80% of U.S. tracts
Median Rent

$1,376

Near the U.S. tracts median

Home prices & appreciation

Home Price Growth, Past Year

-2.9%

Lower than 83% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

31%

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

30%

Climate & weather

Summer Avg High (°F)

84

Winter Avg Low (°F)

23.6

Avg Temperature (°F)

53.1

Hot Days/yr (>90°F)

21.8

Freezing Days/yr (<32°F)

117.4

Annual Precipitation (in)

50.6

Annual Snowfall (in)

28.2

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

Albion Place (Tract 124601): frequently asked questions

What is the typical home value in Albion Place (Tract 124601)?
The estimated median home value in Albion Place (Tract 124601) today is $557,698, higher than 75% of U.S. tracts.
How much is property tax in Albion Place (Tract 124601)?
The median annual property tax in Albion Place (Tract 124601) is $9,585, an effective rate of 2.2% of home value.
Is Albion Place (Tract 124601) expensive to live in?
Homes in Albion Place (Tract 124601) cost about 8.25× the median household income, higher than 92% of U.S. tracts.
What is the average rent in Albion Place (Tract 124601)?
The median gross rent in Albion Place (Tract 124601) is $1,376 a month, near the U.S. tracts median.
How much have home prices grown in Albion Place (Tract 124601)?
Home prices in Albion Place (Tract 124601) have moved 54% over the past five years (-2.9% in the past year), per the FHFA House Price Index.
How many people live in Albion Place (Tract 124601)?
Albion Place (Tract 124601) has a population of 4,267, about 6,913.57 people per square mile, per the U.S. Census American Community Survey. The median age is 50.3.
What is the weather like in Albion Place (Tract 124601)?
Albion Place (Tract 124601) averages 53.1°F year-round, summer highs near 84°F, winter lows around 23.6°F (NOAA 1991–2020 normals). It sees about 28.2 inches of snow a year.
Is Albion Place (Tract 124601) at risk of flooding or natural disasters?
Albion Place (Tract 124601)'s FEMA National Risk Index score is 39.6 (lower than 61% 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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