What is the median household income in Mount Laurel Township, NJ?

The median household income in Mount Laurel Township, NJ is $118,802 (±$5,339) a year (2020–2024 American Community Survey).

Paying the median gross rent of $2,143 a month would take about $85,700 a year at the common guideline of spending no more than 30% of income on rent.

In Mount Laurel Township, the median household income went from $94,832 in 2015–2019 to $118,802 in 2020–2024 (+25.3%).

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 .

Median household income
$118,802 (±$5,339)
Median renter income
$94,205 (±$8,779)
Income to afford median rent
about $85,700

Income in Mount Laurel Township against Burlington County, its state and the nation

Income, estimate (90% margin of error)
Mount Laurel TownshipBurlington CountyNew JerseyUnited States
Median household income$118,802 (±$5,339)$108,111 (±$1,600)$103,556 (±$513)$80,734
Median renter household income$94,205 (±$8,779)$65,698 (±$3,821)$62,674 (±$718)$52,966
Median owner household income$129,947 (±$5,886)$124,194 (±$2,574)$133,477 (±$624)$100,009
Median gross rent$2,143 (±$85)$1,745 (±$30)$1,720 (±$7)$1,413

In Mount Laurel Township, median household income is higher than in Burlington County ($108,111).

It is also higher than in New Jersey ($103,556).

It is higher than the national figure ($80,734).

In Burlington County, Mount Laurel Township ranks 13 of 40 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 241 of 561.

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

How much you need to earn to rent in Mount Laurel Township

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $2,143 a month ($25,716 a year) needs an income of about $85,700 a year.

The median renting household in Mount Laurel Township earns $94,205 a year.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$94,832 (±$3,445)$118,802 (±$5,339)+25.3%No measurable change after inflation
Median gross rent$1,617 (±$65)$2,143 (±$85)+32.5%Up after inflation
Median home value$272,800 (±$8,477)$357,200 (±$10,904)+30.9%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 household income in places near Mount Laurel Township

Nearest places with a published estimate, compared with Mount Laurel Township
PlaceDistanceMedian household incomeCompared with this place
Mount Laurel Township—$118,802 (±$5,339)—
Moorestown Township3.0 mi$159,700 (±$16,834)Higher
Moorestown-Lenola3.5 mi$138,398 (±$18,577)Higher
Marlton3.6 mi$94,464 (±$4,776)Lower
Hainesport Township3.9 mi$142,899 (±$28,094)Not measurably different
Greentree4.8 mi$145,823 (±$10,951)Higher
Maple Shade Township5.0 mi$78,904 (±$10,501)Lower
Delran Township5.1 mi$106,921 (±$7,554)Lower
Kingston Estates5.2 mi$108,024 (±$30,193)Not measurably different

Nearby places with a measurably lower figure: Marlton, NJ ($94,464), Maple Shade Township, NJ ($78,904), Delran Township, NJ ($106,921).

Nearby places with a measurably higher figure: Moorestown Township, NJ ($159,700), Moorestown-Lenola, NJ ($138,398), Greentree, NJ ($145,823).

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

Median household income across Burlington County, place by place

RankPlaceMedian household income
7Woodland Township$138,750 (±$67,545)
8Shamong Township$128,271 (±$16,566)
9Cinnaminson Township$127,606 (±$8,314)
10Westampton Township$126,312 (±$13,202)
11Riverton Borough$121,198 (±$9,549)
12Tabernacle Township$120,735 (±$21,845)
13Mount Laurel Township$118,802 (±$5,339)
14Evesham Township$118,670 (±$6,071)
15Mansfield Township (Burlington County)$115,595 (±$18,431)
16Lumberton Township$113,440 (±$7,063)
17Eastampton Township$110,000 (±$18,846)
18Bordentown Township$109,832 (±$11,406)
19New Hanover Township$107,292 (±$15,629)

Showing 13 of 40 places in Burlington County, ranked from highest to lowest.

The figures for Mount Laurel Township include the places inside it that have pages of their own: Ramblewood.

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 Mount Laurel 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 Mount Laurel Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

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

Join as a pro · Find a pro

Questions about Mount Laurel Township

What is the median household income in Mount Laurel Township?

The median household income in Mount Laurel Township is $118,802 (±$5,339) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Mount Laurel Township?

About $85,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,143 a month.

Have incomes in Mount Laurel Township kept up with inflation?

In Mount Laurel Township, the median household income went from $94,832 in 2015–2019 to $118,802 in 2020–2024 (+25.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

What do renters earn in Mount Laurel Township?

The median renting household in Mount Laurel Township, NJ earns $94,205 (±$8,779) a year.

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 Mount Laurel township, Burlington County, New Jersey (county subdivision:49020, in state:34 county:005).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

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