Union City New Jersey Area Home Supply Charts

This page looks at a variety of Union City New Jersey housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Union City shows it has a Housing Units of 27,284 which is the second most housing units of all the places in the greater Union City region.

Figure 2 illustrates the housing density in the Union City housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Union City shows it has a Housing Density of 21270.8 which is in the mid point range of other places in the local area. The city with the highest housing density in the area is Guttenberg which depicts a density of 27295.4 (28.3% larger). Comparing housing density to the United States average of 39.5, Union City is quite a bit bigger. Also, in comparison with the state of New Jersey, housing density of 508.3, Union City is very much bigger.

In Figure 4, Union City area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Union City depicts it has a Housing Unit Change of 9.4% which is the second smallest in terms of change in the housing units of all the other places in the metro area. The city with the highest change in the housing units in the area is Secaucus which shows a housing units of 24.7% (approximately 2.6 times bigger). Comparing change in the housing units to the United States average of 7.4%, Union City is 27.7% larger. Also, measured against the state of New Jersey, change in the housing units of 5.2%, Union City is about twice as large.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Union City depicts it has a Renter Percent of 81.0% which is more than all other places in the greater Union City region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 19.0% which is the smallest in order of owner percent of all the other places in the metropolitan area.

Union City New Jersey Home Cost Charts

Looking at the housing data provided in Figure 7, the average Union City home price is illustrated for this community and a useful analysis of affordable housing. Union City shows it has a Median Home Value of $382,200 which is less than most other places in the metropolitan area. The city with the highest median home price in the area is Hoboken which depicts a home price of $777,600 (about twice as large). Figure 8 provides aggregate comparative data for the Union City New Jersey metro area in terms of the median housing rental rate, apartment rent, etc. Union City depicts it has a Median Gross Rent of $1,334 which is the smallest in order of rental rates of all the other places in the local area. The city with the highest rental rates in the area is Edgewater which depicts a rental rates of $2,566 (about twice as large). Comparing rental rates to the United States average of $1,163, Union City is 14.7% larger. Also, benchmarked against the state of New Jersey, rental rates of $1,436, Union City is about 7.6% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Union City has the percentage of home price worth between $1,000,000 to $1,500,000 less than most other places in the metro area at 1% of the total. Second, it has less than most other places in the local area when sorted by home price worth between $1,500,000 to $2,000,000 at 1% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Union City depicts it has a Median Owner Cost of $2,244 which is in the mid range of other places in the local area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Union City metro area. it has a Owner Cost as % of HH Income of 28% which is the second most of all the places in the greater region.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Union City shows it has a Median Home Value as Percent of Median Earnings of 939% which is the largest of all places in the greater Union City region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Union City shows it has a Median Owner Costs-With Mortgage of $3,023 which is the third most median housing cost of all other places in the greater Union City region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $1,281 which is less than most other places in the greater region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Union City has the largest proportion of owner cost between $300 and $500 at 4% of the total and is ranked #1. Second, it has in the intermediate range of other places in the area in order of owner cost between $3,500 and $4,000 at 10% of the total.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Union City depicts it has a % of Income Owner Costs-With Mortgage of 30% which is more than all other places in the greater Union City region. Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Union City depicts it has a % of Income Owner Costs-No Mortgage of 25% which is the second most cost as a percent of household income of all the places in the greater Union City region. The city with the highest cost as a percent of household income in the area is Fairview which shows a cost as a percent of household income of 28% (12.7% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Union City has the percentage of rent as a percent of income is less than 10 pct less than most other places in the area at 19% of the total. Second, it has the second smallest when sorted by rent as a percent of income is less than 10 pct of all the other places in the metro area as measured by rent as a percent of income is between 10pct to 20pct at 19% of the total. Third, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 30% of the total and is ranked #2. The only larger city being Guttenberg with 36%.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Union City has the largest proportion of housing cost between $500 and $700 at 12% of the total and is ranked #1. Second, it has the largest proportion of housing cost between $700 and $1,000 at 36% of the total and is ranked #1. Third, it has the smallest proportion of housing cost between $1,500 and $2,000 at 8% of the total. Also, it has the smallest proportion of housing cost between $2,000 and $2,500 at 3% of the total. In addition, it has the smallest proportion of housing cost between $2,500 and $3,000 at 7% of the total.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $9,935 which is the largest of all places in the greater Union City region. Comparing median real estate taxes paid to the United States average of $2,690, Union City is approximately 3.7 times bigger. Also, compared to the state of New Jersey, median real estate taxes paid of $8,797, Union City is 12.9% larger.

Figure 22 shows the percentage of renters who pay for utilities in Union City New Jersey. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Union City has the percentage of pay extra for utilities the second smallest when ranked by pay extra for utilities of all the other places in the local area at 8% of the total.

Figure 23 shows the rental rate distribution for this area. Union City New Jersey has the largest proportion of rent between 500 and 750 dollars at 13% of the total and is ranked #1. Second, it has the largest proportion of rent between 750 and 1000 dollars at 41% of the total and is ranked #1. Third, it has the smallest proportion of rent between $1,500 and $2,500 at 2% of the total.

Union City New Jersey Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Union City has the percentage of With HELOC no Primary Mortgage in the middle range of other places in the local area at 38% of the total.

Union City New Jersey Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.4 which is the highest of all places in the greater Union City region. Comparing family members per housing unit to the United States average of 3.3, Union City is only slightly larger. Also, benchmarked against the state of New Jersey, family members per housing unit of 3.3, Union City is only slightly larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 3.9 which is the third most of all other places in the metro area. The city with the highest average number of rooms in a house in the area is Secaucus which depicts an average number of rooms in a house of 4.8 (23.1% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1955 which is the smallest when ranked by year built of all the other places in the local area. The city with the highest year built in the area is Edgewater which shows a year built of 1994 ( only slightly larger).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built in 2020 or later the second smallest as measured by homes built in 2020 or later of all the other places in the greater region at 3% of the total. Second, it has the second smallest when sorted by homes built in 2020 or later of all the other places in the metro area when sorted by homes built between 2010 to 2019 at 7% of the total. Third, it has the largest proportion of homes built between 1940 to 1949 at 36% of the total and is ranked #1.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has the largest proportion of owner housing units at 20,485 of the total and is ranked #1.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of 2 units at 22% of the total and is ranked #1. Second, it has one of the largest proportions of 3 or 4 units at 18% of the total and is ranked #2. The only larger city being Hoboken with 19%. Third, it has the smallest proportion of 20 to 49 units at 10% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2014 or later less than most other places in the local area at $501,600 of the total. Second, it has the second smallest in order of value of homes built 2014 or later of all the other places in the local area when ranked by value of homes built 2010 to 2013 at $397,900 of the total. Third, it has less than most other places in the surrounding region when ranked by value of homes built 2000 to 2009 at $373,900 of the total. Also, it has less than most other places in the local area in terms of value of homes built 1990 to 1999 at $348,300 of the total. In addition, it has in the mid point range of other places in the metro area when sorted by value of homes built 1980 to 1989 at $352,100 of the total. Furthermore, it has in the intermediate range of other places in the local area as measured by value of homes built 1970 to 1979 at $349,700 of the total. Next it has less than most other places in the area as measured by value of homes built 1960 to 1969 at $376,900 of the total. Additionally, it has one of the largest proportions of value of homes built 1950 to 1959 at $399,400 of the total and is ranked #2. The only larger city being Hoboken with $456,200. And then, it has the second smallest when sorted by value of homes built 2014 or later of all the other places in the greater region in order of value of homes built 1940 to 1949 at $386,400 of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Union City residents. it has a Owner-Household Size of 2.5 which is in the mid point range of other places in the metro area. The city with the highest homeowner household size in the area is Secaucus which indicates a homeowner household size of 2.8 (11.6% larger).

Figure 37 shows the household size for renters. Union City shows it has a Renter-Household Size of 2.7 which is the highest of all places in the greater Union City region. Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2019 or later less than most other places in the metro area at 20% of the total. Second, it has the second smallest when ranked by owners moved in 2019 or later of all the other places in the metro area in terms of owners moved in 2015 to 2018 at 13% of the total. Figure 39 shows the year that people who rent moved into the area. Union City has the percentage of renters moved in 2019 or later in the middle range of other places in the local area at 32% of the total. Second, it has one of the largest proportions of renters moved in 2010 to 2014 at 23% of the total and is ranked #2. The only larger city being Guttenberg with 27%.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2008 which is the third most of all other places in the area. Figure 41 compares the median year that renters moved into their home. Union City shows it has a Renter Median Year Moved In of 2013 which is the second smallest in terms of median year that a renter moved in of all the other places in the surrounding region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of homes using natural gas at 4% of the total and is ranked #1. Second, it has the second smallest when sorted by homes using natural gas of all the other places in the local area in terms of home using bottled, tank, or lp gas at 18% of the total. Third, it has one of the largest proportions of homes using solar energy at 0% of the total and is ranked #3. Only #2 Hoboken (1%), and #1 West New York (1%) are larger.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Union City housing department, New Jersey department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Union City depicts it has a Total In Group Quarters of 442 which is the third most number of people in group quarters of all other places in the greater Union City region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Union City residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Union City has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.