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

Homeowners with a mortgage in Pennsville Township, NJ pay a median of $2,042 (±$131) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,128 (±$56).

60.8% of owned homes carry a mortgage.

In Pennsville Township, the median monthly cost with a mortgage went from $1,802 in 2015–2019 to $2,042 in 2020–2024 (+13.3%).

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
$2,042 (±$131)
Without a mortgage
$1,128 (±$56)
Owned with a mortgage
60.8%

Monthly owner costs in Pennsville Township

Median selected monthly owner costs, estimate (90% margin of error)
Pennsville TownshipSalem CountyNew JerseyUnited States
With a mortgage$2,042 (±$131)$2,074 (±$66)$2,829 (±$8)$1,963
Without a mortgage$1,128 (±$56)$1,009 (±$34)$1,232 (±$6)$638
Owned homes with a mortgage60.8% (±4.6 points)56.7% (±2.3 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$7,629 (±$488)$7,018 (±$193)$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 Pennsville Township, the median cost with a mortgage is not measurably different from Salem County ($2,074).

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

It is not measurably different from the national figure ($1,963).

In Salem County, Pennsville Township ranks 9 of 15 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 493 of 560.

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

How owner costs in Pennsville 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$1,802 (±$59)$2,042 (±$131)+13.3%Down after inflation
Median real estate taxes$6,063 (±$253)$7,629 (±$488)+25.8%No measurable change after inflation
Median home value$155,000 (±$5,979)$214,100 (±$10,463)+38.1%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 Pennsville Township

Nearest places with a published estimate, compared with Pennsville Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Pennsville Township—$2,042 (±$131)—
Salem4.3 mi$1,588 (±$138)Lower
New Castle4.5 mi$1,724 (±$123)Lower
Mannington Township4.7 mi$2,443 (±$413)Not measurably different
Carneys Point Township5.7 mi$1,895 (±$85)Not measurably different
Carneys Point5.8 mi$1,858 (±$86)Lower
Wilmington Manor6.0 mi$1,280 (±$119)Lower
Delaware City6.1 mi$1,553 (±$145)Lower
Elsinboro Township6.4 mi$2,323 (±$274)Not measurably different

Nearby places with a measurably lower figure: Salem, NJ ($1,588), New Castle, DE ($1,724), Carneys Point, NJ ($1,858).

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

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

RankPlaceMedian monthly cost with a mortgage
3Woodstown Borough$2,340 (±$192)
4Elsinboro Township$2,323 (±$274)
5Alloway Township$2,288 (±$348)
6Pittsgrove Township$2,100 (±$150)
7Oldmans Township$2,084 (±$199)
8Upper Pittsgrove Township$2,081 (±$347)
9Pennsville Township$2,042 (±$131)
10Quinton Township$1,955 (±$316)
11Carneys Point Township$1,895 (±$85)
12Elmer Borough$1,843 (±$161)
13Lower Alloways Creek Township$1,740 (±$110)
14Penns Grove Borough$1,709 (±$275)
15Salem$1,588 (±$138)

Showing 13 of 15 places in Salem County, ranked from highest to lowest.

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

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 Pennsville Township

What is the average mortgage payment in Pennsville Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Pennsville Township, NJ is $2,042 (±$131) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Pennsville Township pay a median of $1,128 (±$56) a month in taxes, insurance, utilities and fees.

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

In Pennsville Township, the median monthly cost with a mortgage went from $1,802 in 2015–2019 to $2,042 in 2020–2024 (+13.3%).

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 Pennsville township, Salem County, New Jersey (county subdivision:57870, in state:34 county:033).

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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