How much do homeowners pay a month in Pitman Borough, NJ?

Homeowners with a mortgage in Pitman Borough, NJ pay a median of $2,066 (±$126) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,261 (±$127).

71.7% of owned homes carry a mortgage.

In Pitman Borough, the median monthly cost with a mortgage went from $1,961 in 2015–2019 to $2,066 in 2020–2024 (+5.4%).

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
$2,066 (±$126)
Without a mortgage
$1,261 (±$127)
Owned with a mortgage
71.7%

Monthly owner costs in Pitman Borough

Median selected monthly owner costs, estimate (90% margin of error)
Pitman BoroughGloucester CountyNew JerseyUnited States
With a mortgage$2,066 (±$126)$2,330 (±$22)$2,829 (±$8)$1,963
Without a mortgage$1,261 (±$127)$1,066 (±$19)$1,232 (±$6)$638
Owned homes with a mortgage71.7% (±6.6 points)67.9% (±1.2 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$8,231 (±$300)$8,055 (±$100)$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 Pitman Borough, the median cost with a mortgage is lower than in Gloucester County ($2,330).

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

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

In Gloucester County, Pitman Borough ranks 19 of 24 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 485 of 560.

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

How owner costs in Pitman 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$1,961 (±$109)$2,066 (±$126)+5.4%Down after inflation
Median real estate taxes$6,933 (±$245)$8,231 (±$300)+18.7%No measurable change after inflation
Median home value$185,600 (±$6,407)$279,300 (±$15,003)+50.5%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 Pitman Borough

Nearest places with a published estimate, compared with Pitman Borough
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Pitman Borough—$2,066 (±$126)—
Glassboro Borough2.5 mi$2,242 (±$108)Higher
Richwood2.6 mi$3,945 (±$520)Higher
Sewell2.6 mi$2,355 (±$191)Higher
Mantua Township3.1 mi$2,381 (±$123)Higher
Washington Township (Gloucester County)3.4 mi$2,437 (±$67)Higher
Harrison Township4.0 mi$3,535 (±$238)Higher
Wenonah Borough4.2 mi$2,922 (±$237)Higher
Turnersville4.3 mi$2,592 (±$195)Higher

Nearby places with a measurably higher figure: Glassboro Borough, NJ ($2,242), Richwood, NJ ($3,945), Sewell, NJ ($2,355).

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

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

RankPlaceMedian monthly cost with a mortgage
13Glassboro Borough$2,242 (±$108)
14Swedesboro Borough$2,215 (±$60)
15Logan Township$2,166 (±$108)
16West Deptford Township$2,146 (±$90)
17Deptford Township$2,112 (±$71)
18Woodbury$2,100 (±$93)
19Pitman Borough$2,066 (±$126)
20National Park Borough$1,995 (±$150)
21Clayton Borough$1,994 (±$174)
22Greenwich Township (Gloucester County)$1,923 (±$144)
23Westville Borough$1,759 (±$177)
24Paulsboro Borough$1,653 (±$209)

Showing 12 of 24 places in Gloucester 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 Pitman Borough

What is the average mortgage payment in Pitman Borough?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Pitman Borough, NJ is $2,066 (±$126) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Pitman Borough pay a median of $1,261 (±$127) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Pitman Borough gone up?

In Pitman Borough, the median monthly cost with a mortgage went from $1,961 in 2015–2019 to $2,066 in 2020–2024 (+5.4%).

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 Pitman borough, Gloucester County, New Jersey (county subdivision:59070, in state:34 county:015).

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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