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

Homeowners with a mortgage in Gloucester Township, NJ pay a median of $2,207 (±$44) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,165 (±$26).

67.6% of owned homes carry a mortgage.

In Gloucester Township, the median monthly cost with a mortgage went from $2,055 in 2015–2019 to $2,207 in 2020–2024 (+7.4%).

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
$2,207 (±$44)
Without a mortgage
$1,165 (±$26)
Owned with a mortgage
67.6%

Monthly owner costs in Gloucester Township

Median selected monthly owner costs, estimate (90% margin of error)
Gloucester TownshipCamden CountyNew JerseyUnited States
With a mortgage$2,207 (±$44)$2,225 (±$24)$2,829 (±$8)$1,963
Without a mortgage$1,165 (±$26)$1,115 (±$18)$1,232 (±$6)$638
Owned homes with a mortgage67.6% (±2.7 points)65.1% (±1.0 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$8,612 (±$182)$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 Gloucester Township, the median cost with a mortgage is not measurably different from 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, Gloucester Township ranks 16 of 34 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 448 of 560.

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

How owner costs in Gloucester 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$2,055 (±$51)$2,207 (±$44)+7.4%Down after inflation
Median real estate taxes$7,569 (±$147)$8,612 (±$182)+13.8%Down after inflation
Median home value$197,700 (±$3,444)$277,800 (±$7,850)+40.5%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 Gloucester Township

Nearest places with a published estimate, compared with Gloucester Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Gloucester Township—$2,207 (±$44)—
Turnersville2.2 mi$2,592 (±$195)Higher
Laurel Springs Borough2.5 mi$2,505 (±$146)Higher
Stratford Borough2.8 mi$2,212 (±$100)Not measurably different
Clementon Borough2.9 mi$1,850 (±$257)Lower
Pine Hill Borough3.0 mi$1,857 (±$158)Lower
Lindenwold Borough3.1 mi$1,763 (±$123)Lower
Hi-nella Borough3.2 mi$2,511 (±$450)Not measurably different
Washington Township (Gloucester County)3.5 mi$2,437 (±$67)Higher

Nearby places with a measurably lower figure: Clementon Borough, NJ ($1,850), Pine Hill Borough, NJ ($1,857), Lindenwold Borough, NJ ($1,763).

Nearby places with a measurably higher figure: Turnersville, NJ ($2,592), Laurel Springs Borough, NJ ($2,505), Washington Township (Gloucester County), NJ ($2,437).

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
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)
17Waterford Township$2,204 (±$145)
18Winslow Township$2,194 (±$90)
19Berlin Township$2,145 (±$409)
20Mount Ephraim Borough$2,084 (±$162)
21Lawnside Borough$2,082 (±$253)
22Somerdale Borough$2,065 (±$109)

Showing 13 of 34 places in Camden County, ranked from highest to lowest.

The figures for Gloucester Township include the places inside it that have pages of their own: Blackwood, Glendora, Sicklerville.

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 Gloucester Township

What is the average mortgage payment in Gloucester Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Gloucester Township, NJ is $2,207 (±$44) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Gloucester Township pay a median of $1,165 (±$26) a month in taxes, insurance, utilities and fees.

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

In Gloucester Township, the median monthly cost with a mortgage went from $2,055 in 2015–2019 to $2,207 in 2020–2024 (+7.4%).

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 Gloucester township, Camden County, New Jersey (county subdivision:26760, 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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