How much do homeowners pay a month in Hi-nella Borough, NJ?

Homeowners with a mortgage in Hi-nella Borough, NJ pay a median of $2,511 (±$450) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,092 (±$62).

77.0% of owned homes carry a mortgage.

In Hi-nella Borough, the median monthly cost with a mortgage went from $1,516 in 2015–2019 to $2,511 in 2020–2024 (+65.6%).

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

Figures last updated on .

With a mortgage
$2,511 (±$450)
Without a mortgage
$1,092 (±$62)
Owned with a mortgage
77.0%

Monthly owner costs in Hi-nella Borough

Median selected monthly owner costs, estimate (90% margin of error)
Hi-nella BoroughCamden CountyNew JerseyUnited States
With a mortgage$2,511 (±$450)$2,225 (±$24)$2,829 (±$8)$1,963
Without a mortgage$1,092 (±$62)$1,115 (±$18)$1,232 (±$6)$638
Owned homes with a mortgage77.0% (±13.0 points)65.1% (±1.0 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$8,528 (±$301)$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 Hi-nella Borough, the median cost with a mortgage is not measurably different from Camden County ($2,225).

It is not measurably different from New Jersey ($2,829).

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

In Camden County, Hi-nella Borough ranks 6 of 34 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 359 of 560.

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

How owner costs in Hi-nella 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$1,516 (±$226)$2,511 (±$450)+65.6%Up after inflation
Median real estate taxes$6,160 (±$153)$8,528 (±$301)+38.4%Up after inflation
Median home value$157,200 (±$7,369)$262,000 (±$28,882)+66.7%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 Hi-nella Borough

Nearest places with a published estimate, compared with Hi-nella Borough
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Hi-nella Borough—$2,511 (±$450)—
Somerdale Borough0.6 mi$2,065 (±$109)Not measurably different
Stratford Borough0.6 mi$2,212 (±$100)Not measurably different
Laurel Springs Borough1.4 mi$2,505 (±$146)Not measurably different
Magnolia Borough1.6 mi$1,982 (±$88)Lower
Echelon1.7 mi$2,254 (±$199)Not measurably different
Lindenwold Borough2.1 mi$1,763 (±$123)Lower
Lawnside Borough2.2 mi$2,082 (±$253)Not measurably different
Glendora2.4 mi$2,130 (±$109)Not measurably different

Nearby places with a measurably lower figure: Magnolia Borough, NJ ($1,982), Lindenwold Borough, NJ ($1,763).

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
1Haddonfield Borough$4,000 or more
2Voorhees Township$2,913 (±$145)
3Berlin Borough$2,841 (±$208)
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)

Showing 12 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 Hi-nella Borough

What is the average mortgage payment in Hi-nella Borough?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Hi-nella Borough, NJ is $2,511 (±$450) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Hi-nella Borough pay a median of $1,092 (±$62) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Hi-nella Borough gone up?

In Hi-nella Borough, the median monthly cost with a mortgage went from $1,516 in 2015–2019 to $2,511 in 2020–2024 (+65.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase 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 Hi-Nella borough, Camden County, New Jersey (county subdivision:32220, 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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