Real Estate details: Lakewood NJ vs Milford MA
RE Insights
| Metric | Lakewood | Milford |
|---|---|---|
| Population | 68,555 | 27,999 |
| Median Home Price | $423,000 | $373,000 |
| Rent | 61% | 30.6% |
| Own | 39% | 69.4% |
Real Estate Insights Comparison: Lakewood vs Milford
- Lakewood has a larger population of 68,555 compared to 27,999 in Milford.
- A higher median home price of $423,000 is found in Lakewood compared to $373,000 in Milford.
- Rent in Lakewood is higher at 61% compared to 30.6% in Milford.
- More homeowners can be found in Milford at 69.4% compared to 39% in Lakewood.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.