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

Name: Homeowner costs in Independence Township, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Independence Township, NJ pay a median of $2,403 (±$150) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,099 (±$246).

74.1% of owned homes carry a mortgage.

In Independence Township, the median monthly cost with a mortgage went from $2,000 in 2015–2019 to $2,403 in 2020–2024 (+20.2%).

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 November 12, 2026.

With a mortgage: $2,403 (±$150)
Without a mortgage: $1,099 (±$246)
Owned with a mortgage: 74.1%

Monthly owner costs in Independence Township

Median selected monthly owner costs, estimate (90% margin of error)
	Independence Township	Warren County	New Jersey	United States
With a mortgage	$2,403 (±$150)	$2,317 (±$45)	$2,829 (±$8)	$1,963
Without a mortgage	$1,099 (±$246)	$1,045 (±$24)	$1,232 (±$6)	$638
Owned homes with a mortgage	74.1% (±8.6 points)	66.1% (±1.8 points)	63.9% (±0.2 points)	60.6%
Median real estate taxes (a year)	$8,184 (±$852)	$8,119 (±$159)	$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 Independence Township, the median cost with a mortgage is not measurably different from Warren County ($2,317).

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

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

In Warren County, Independence Township ranks 11 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 387 of 560.

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

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

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$2,000 (±$272)	$2,403 (±$150)	+20.2%	No measurable change after inflation
Median real estate taxes	$7,053 (±$455)	$8,184 (±$852)	+16.0%	No measurable change after inflation
Median home value	$253,300 (±$22,220)	$390,100 (±$45,507)	+54.0%	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 Independence Township

Nearest places with a published estimate, compared with Independence Township
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Independence Township	—	$2,403 (±$150)	—
Panther Valley	2.7 mi	$2,566 (±$721)	Not measurably different
Hackettstown Town	3.2 mi	$2,548 (±$144)	Not measurably different
Liberty Township	3.3 mi	$2,211 (±$156)	Not measurably different
Allamuchy Township	3.6 mi	$2,801 (±$513)	Not measurably different
Beattystown	4.2 mi	$2,905 (±$907)	Not measurably different
Mansfield Township (Warren County)	5.3 mi	$2,514 (±$517)	Not measurably different
Hope Township	5.6 mi	$2,367 (±$163)	Not measurably different
Frelinghuysen Township	5.6 mi	$2,648 (±$415)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

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

Rank	Place	Median monthly cost with a mortgage
5	Hackettstown Town	$2,548 (±$144)
6	Franklin Township (Warren County)	$2,529 (±$240)
7	Mansfield Township (Warren County)	$2,514 (±$517)
8	White Township	$2,506 (±$308)
9	Blairstown Township	$2,451 (±$320)
10	Washington Township (Warren County)	$2,427 (±$201)
11	Independence Township	$2,403 (±$150)
12	Hope Township	$2,367 (±$163)
13	Oxford Township	$2,304 (±$258)
14	Knowlton Township	$2,244 (±$321)
15	Liberty Township	$2,211 (±$156)
16	Harmony Township	$2,144 (±$232)
17	Lopatcong Township	$2,140 (±$274)

Showing 13 of 22 places in Warren 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 Independence Township

What is the average mortgage payment in Independence Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Independence Township, NJ is $2,403 (±$150) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Independence Township pay a median of $1,099 (±$246) a month in taxes, insurance, utilities and fees.

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

In Independence Township, the median monthly cost with a mortgage went from $2,000 in 2015–2019 to $2,403 in 2020–2024 (+20.2%).

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 Independence township, Warren County, New Jersey (county subdivision:33930, in state:34 county:041).

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.