How much do homeowners pay a month in Gibbsboro Borough, NJ?

Homeowners with a mortgage in Gibbsboro Borough, NJ pay a median of $2,351 (±$85) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,298 (±$146).

60.6% of owned homes carry a mortgage.

In Gibbsboro Borough, the median monthly cost with a mortgage went from $2,111 in 2015–2019 to $2,351 in 2020–2024 (+11.4%).

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
$2,351 (±$85)
Without a mortgage
$1,298 (±$146)
Owned with a mortgage
60.6%

Monthly owner costs in Gibbsboro Borough

Median selected monthly owner costs, estimate (90% margin of error)
Gibbsboro BoroughCamden CountyNew JerseyUnited States
With a mortgage$2,351 (±$85)$2,225 (±$24)$2,829 (±$8)$1,963
Without a mortgage$1,298 (±$146)$1,115 (±$18)$1,232 (±$6)$638
Owned homes with a mortgage60.6% (±7.4 points)65.1% (±1.0 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$9,047 (±$403)$8,134 (±$97)$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 Gibbsboro Borough, the median cost with a mortgage is higher than in Camden County ($2,225).

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

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

In Camden County, Gibbsboro Borough ranks 10 of 34 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 399 of 560.

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

How owner costs in Gibbsboro Borough 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$2,111 (±$149)$2,351 (±$85)+11.4%Down after inflation
Median real estate taxes$7,192 (±$243)$9,047 (±$403)+25.8%No measurable change after inflation
Median home value$215,400 (±$13,788)$308,400 (±$22,884)+43.2%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 Gibbsboro Borough

Nearest places with a published estimate, compared with Gibbsboro Borough
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Gibbsboro Borough—$2,351 (±$85)—
Voorhees Township1.3 mi$2,913 (±$145)Higher
Lindenwold Borough1.5 mi$1,763 (±$123)Lower
Echelon1.7 mi$2,254 (±$199)Not measurably different
West Berlin2.1 mi$1,884 (±$133)Lower
Laurel Springs Borough2.2 mi$2,505 (±$146)Not measurably different
Clementon Borough2.3 mi$1,850 (±$257)Lower
Stratford Borough2.6 mi$2,212 (±$100)Lower
Berlin Township2.9 mi$2,145 (±$409)Not measurably different

Nearby places with a measurably lower figure: Lindenwold Borough, NJ ($1,763), West Berlin, NJ ($1,884), Clementon Borough, NJ ($1,850).

Nearby places with a measurably higher figure: Voorhees Township, NJ ($2,913).

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

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

RankPlaceMedian monthly cost with a mortgage
4Cherry Hill Township$2,708 (±$67)
5Haddon Heights Borough$2,644 (±$185)
6Hi-nella Borough$2,511 (±$450)
7Laurel Springs Borough$2,505 (±$146)
8Collingswood Borough$2,486 (±$154)
9Haddon Township$2,473 (±$118)
10Gibbsboro Borough$2,351 (±$85)
11Merchantville Borough$2,318 (±$345)
12Barrington Borough$2,297 (±$110)
13Audubon Borough$2,225 (±$128)
14Oaklyn Borough$2,214 (±$133)
15Stratford Borough$2,212 (±$100)
16Gloucester Township$2,207 (±$44)

Showing 13 of 34 places in Camden 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.

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Questions about Gibbsboro Borough

What is the average mortgage payment in Gibbsboro Borough?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Gibbsboro Borough, NJ is $2,351 (±$85) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Gibbsboro Borough?

Owners without a mortgage in Gibbsboro Borough pay a median of $1,298 (±$146) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Gibbsboro Borough gone up?

In Gibbsboro Borough, the median monthly cost with a mortgage went from $2,111 in 2015–2019 to $2,351 in 2020–2024 (+11.4%).

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 Gibbsboro borough, Camden County, New Jersey (county subdivision:26070, in state:34 county:007).

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 .

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