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

Homeowners with a mortgage in Galloway Township, NJ pay a median of $2,048 (±$113) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $996 (±$55).

63.7% of owned homes carry a mortgage.

In Galloway Township, the median monthly cost with a mortgage went from $1,875 in 2015–2019 to $2,048 in 2020–2024 (+9.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on .

With a mortgage
$2,048 (±$113)
Without a mortgage
$996 (±$55)
Owned with a mortgage
63.7%

Monthly owner costs in Galloway Township

Median selected monthly owner costs, estimate (90% margin of error)
Galloway TownshipAtlantic CountyNew JerseyUnited States
With a mortgage$2,048 (±$113)$2,185 (±$38)$2,829 (±$8)$1,963
Without a mortgage$996 (±$55)$1,017 (±$20)$1,232 (±$6)$638
Owned homes with a mortgage63.7% (±4.0 points)60.0% (±1.5 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$6,355 (±$244)$6,776 (±$96)$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 Galloway Township, the median cost with a mortgage is lower than in Atlantic County ($2,185).

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

It is not measurably different from the national figure ($1,963).

In Atlantic County, Galloway Township ranks 17 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 490 of 560.

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

How owner costs in Galloway 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$1,875 (±$46)$2,048 (±$113)+9.2%Down after inflation
Median real estate taxes$6,012 (±$180)$6,355 (±$244)+5.7%Down after inflation
Median home value$210,500 (±$7,635)$298,900 (±$15,053)+42.0%Up 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 Galloway Township

Nearest places with a published estimate, compared with Galloway Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Galloway Township—$2,048 (±$113)—
Port Republic3.0 mi$2,231 (±$128)Higher
Absecon4.8 mi$2,074 (±$175)Not measurably different
Mystic Island7.1 mi$1,866 (±$112)Lower
Brigantine7.4 mi$2,570 (±$125)Higher
Pleasantville7.4 mi$1,783 (±$177)Lower
Atlantic City8.0 mi$1,830 (±$95)Lower
Egg Harbor City8.2 mi$2,106 (±$339)Not measurably different
Northfield9.2 mi$2,312 (±$103)Higher

Nearby places with a measurably lower figure: Mystic Island, NJ ($1,866), Pleasantville, NJ ($1,783), Atlantic City, NJ ($1,830).

Nearby places with a measurably higher figure: Port Republic, NJ ($2,231), Brigantine, NJ ($2,570), Northfield, NJ ($2,312).

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

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

RankPlaceMedian monthly cost with a mortgage
11Estell Manor$2,138 (±$221)
12Egg Harbor City$2,106 (±$339)
13Hamilton Township (Atlantic County)$2,092 (±$124)
14Buena Borough$2,080 (±$210)
15Absecon$2,074 (±$175)
16Mullica Township$2,062 (±$147)
17Galloway Township$2,048 (±$113)
18Folsom Borough$1,982 (±$100)
19Buena Vista Township$1,958 (±$125)
20Atlantic City$1,830 (±$95)
21Pleasantville$1,783 (±$177)
22Weymouth Township$1,604 (±$310)
23Corbin City$1,568 (±$159)

Showing 13 of 23 places in Atlantic County, ranked from highest to lowest.

The figures for Galloway Township include the places inside it that have pages of their own: Absecon Highlands, Cologne, Pomona, Smithville, Stockton University.

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 Galloway 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 Galloway Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Galloway 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 Galloway Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Galloway Township

What is the average mortgage payment in Galloway Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Galloway Township, NJ is $2,048 (±$113) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Galloway Township pay a median of $996 (±$55) a month in taxes, insurance, utilities and fees.

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

In Galloway Township, the median monthly cost with a mortgage went from $1,875 in 2015–2019 to $2,048 in 2020–2024 (+9.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

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 Galloway township, Atlantic County, New Jersey (county subdivision:25560, in state:34 county:001).

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