How much do homeowners pay a month in Downe Township, NJ?

Homeowners with a mortgage in Downe Township, NJ pay a median of $1,797 (±$122) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $760 (±$164).

43.0% of owned homes carry a mortgage.

In Downe Township, the median monthly cost with a mortgage went from $1,481 in 2015–2019 to $1,797 in 2020–2024 (+21.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$1,797 (±$122)
Without a mortgage
$760 (±$164)
Owned with a mortgage
43.0%

Monthly owner costs in Downe Township

Median selected monthly owner costs, estimate (90% margin of error)
Downe TownshipCumberland CountyNew JerseyUnited States
With a mortgage$1,797 (±$122)$1,883 (±$42)$2,829 (±$8)$1,963
Without a mortgage$760 (±$164)$853 (±$24)$1,232 (±$6)$638
Owned homes with a mortgage43.0% (±11.2 points)58.9% (±1.9 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$4,651 (±$648)$5,052 (±$142)$9,590 (±$25)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Downe Township, the median cost with a mortgage is not measurably different from Cumberland County ($1,883).

It is also lower than in New Jersey ($2,829).

It is lower than the national figure ($1,963).

In Cumberland County, Downe Township ranks 10 of 14 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 535 of 560.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Downe Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,481 (±$202)$1,797 (±$122)+21.3%No measurable change after inflation
Median real estate taxes$3,685 (±$239)$4,651 (±$648)+26.2%No measurable change after inflation
Median home value$145,900 (±$17,321)$191,600 (±$11,932)+31.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Downe Township

Nearest places with a published estimate, compared with Downe Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Downe Township—$1,797 (±$122)—
Port Norris4.7 mi$1,688 (±$220)Not measurably different
Commercial Township4.7 mi$1,538 (±$107)Lower
Lawrence Township (Cumberland County)5.3 mi$1,905 (±$166)Not measurably different
Centre Grove6.3 mi$1,912 (±$209)Not measurably different
Laurel Lake6.7 mi$1,519 (±$136)Lower
Fairfield Township (Cumberland County)9.1 mi$1,623 (±$113)Lower
Millville9.3 mi$1,888 (±$159)Not measurably different
Gouldtown11 mi$1,480 (±$166)Lower

Nearby places with a measurably lower figure: Commercial Township, NJ ($1,538), Laurel Lake, NJ ($1,519), Fairfield Township (Cumberland County), NJ ($1,623).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Cumberland County, place by place

RankPlaceMedian monthly cost with a mortgage
4Deerfield Township$1,961 (±$209)
5Hopewell Township (Cumberland County)$1,958 (±$117)
6Vineland$1,923 (±$60)
7Lawrence Township (Cumberland County)$1,905 (±$166)
8Millville$1,888 (±$159)
9Bridgeton$1,818 (±$209)
10Downe Township$1,797 (±$122)
11Upper Deerfield Township$1,783 (±$232)
12Fairfield Township (Cumberland County)$1,623 (±$113)
13Commercial Township$1,538 (±$107)
14Shiloh Borough$1,500 (±$336)

Showing 11 of 14 places in Cumberland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Downe Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Downe Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Downe Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Downe Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Downe Township

What is the average mortgage payment in Downe Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Downe Township, NJ is $1,797 (±$122) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Downe Township?

Owners without a mortgage in Downe Township pay a median of $760 (±$164) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Downe Township gone up?

In Downe Township, the median monthly cost with a mortgage went from $1,481 in 2015–2019 to $1,797 in 2020–2024 (+21.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Downe township, Cumberland County, New Jersey (county subdivision:18220, in state:34 county:011).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related