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Bound Brook, New Jersey Mortgage and Housing Information

Population: 10,155
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$168,800

Value of Houses and Condos

A comparison of the average prices of homes in Bound Brook, New Jersey and the U.S.
U.S.New JerseyBound Brook
Median home value
in year 2000
$111,800$167,900$159,300

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.New JerseyBound Brook
With a mortgage$1,088$1,560$1,534
Without a mortgage$295$567$600

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Bound Brook (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage57736.1%
First Mortgage Only78249.0%
Second Mortgage and/or Home Equity Loan23814.9%
Total1,597100%

Tenancy in Bound Brook

How many people in Bound Brook live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes1,937
Renter-occupied homes1,678
Homes for sale20
Homes for rent45
Total3,802

Age of Bound Brook Residents

Median age for males and females (2000).
Males 32
Females 35

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.New JerseyBound Brook
Median Earnings$23,755$30,439$22,538
Median Earnings, Males$29,458$37,329$25,803
Median Earnings, Females$18,957$24,178$19,882

Males earn $5,921 (29.8%) more than Females in Bound Brook.

Commuting in Bound Brook

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo3,412
Carpooled1,026
Public Transit261
Bicycle56
Walking224
Other Means274
Total, Commuted5,253
Worked from home68
Total5,321

Time Spent Commuting in Bound Brook

Time spent commuting in Bound Brook
Time spent in minutesNumber of People
Less than 5216
5-9437
10-14952
15-19815
20-24959
25-29285
30-34661
35-39115
40-4469
45-59320
60-89256
Over 90168

Education

Level of higher education for people over 25 years in Bound Brook (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College54615.3%51914.6%
Associate Degree1925.4%1544.3%
Bachelor's Degree56816.0%58116.3%
Master's Degree1744.9%1855.2%
Professional Degree491.4%732.0%
Doctorate Degree371.0%50.1%
Total (at least some college)1,56644.0%1,51744.0%
Total over 253,561100%3,445100%

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