How much do homeowners pay a month in Riverton Borough, NJ?
Homeowners with a mortgage in Riverton Borough, NJ pay a median of $2,492 (±$189) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,414 (±$152).
68.1% of owned homes carry a mortgage.
In Riverton Borough, the median monthly cost with a mortgage went from $2,271 in 2015–2019 to $2,492 in 2020–2024 (+9.7%).
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
- $2,492 (±$189)
- Without a mortgage
- $1,414 (±$152)
- Owned with a mortgage
- 68.1%
Monthly owner costs in Riverton Borough
| Riverton Borough | Burlington County | New Jersey | United States | |
|---|---|---|---|---|
| With a mortgage | $2,492 (±$189) | $2,408 (±$23) | $2,829 (±$8) | $1,963 |
| Without a mortgage | $1,414 (±$152) | $1,070 (±$17) | $1,232 (±$6) | $638 |
| Owned homes with a mortgage | 68.1% (±7.2 points) | 66.0% (±0.9 points) | 63.9% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $9,307 (±$375) | $7,983 (±$78) | $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 Riverton Borough, the median cost with a mortgage is not measurably different from Burlington County ($2,408).
It is also lower than in New Jersey ($2,829).
It is higher than the national figure ($1,963).
In Burlington County, Riverton Borough ranks 17 of 40 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 368 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Riverton Borough have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,271 (±$150) | $2,492 (±$189) | +9.7% | Down after inflation |
| Median real estate taxes | $8,214 (±$335) | $9,307 (±$375) | +13.3% | Down after inflation |
| Median home value | $300,500 (±$17,813) | $363,000 (±$18,934) | +20.8% | No measurable change 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 Riverton Borough
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Riverton Borough | — | $2,492 (±$189) | — |
| Palmyra Borough | 1.3 mi | $1,923 (±$77) | Lower |
| Cinnaminson Township | 1.4 mi | $2,646 (±$95) | Not measurably different |
| Riverside Township | 3.5 mi | $1,929 (±$95) | Lower |
| Delran Township | 3.5 mi | $2,489 (±$135) | Not measurably different |
| Pennsauken Township | 3.8 mi | $1,857 (±$62) | Lower |
| Moorestown-Lenola | 4.2 mi | $3,243 (±$262) | Higher |
| Maple Shade Township | 4.2 mi | $2,055 (±$94) | Lower |
| Moorestown Township | 4.4 mi | $3,911 (±$349) | Higher |
Nearby places with a measurably lower figure: Palmyra Borough, NJ ($1,923), Riverside Township, NJ ($1,929), Pennsauken Township, NJ ($1,857).
Nearby places with a measurably higher figure: Moorestown-Lenola, NJ ($3,243), Moorestown Township, NJ ($3,911).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Burlington County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 11 | Mansfield Township (Burlington County) | $2,671 (±$231) |
| 12 | Cinnaminson Township | $2,646 (±$95) |
| 13 | Tabernacle Township | $2,619 (±$203) |
| 14 | Eastampton Township | $2,618 (±$137) |
| 15 | Evesham Township | $2,564 (±$84) |
| 16 | Burlington Township | $2,545 (±$181) |
| 17 | Riverton Borough | $2,492 (±$189) |
| 18 | Delran Township | $2,489 (±$135) |
| 19 | Bordentown Township | $2,441 (±$128) |
| 20 | Southampton Township | $2,350 (±$202) |
| 21 | Mount Laurel Township | $2,338 (±$90) |
| 22 | New Hanover Township | $2,298 (±$333) |
| 23 | Westampton Township | $2,297 (±$109) |
Showing 13 of 40 places in Burlington 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 Riverton Borough
What is the average mortgage payment in Riverton Borough?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Riverton Borough, NJ is $2,492 (±$189) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Riverton Borough?
Owners without a mortgage in Riverton Borough pay a median of $1,414 (±$152) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Riverton Borough gone up?
In Riverton Borough, the median monthly cost with a mortgage went from $2,271 in 2015–2019 to $2,492 in 2020–2024 (+9.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Riverton borough, Burlington County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Riverton borough, Burlington County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Riverton borough, Burlington County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Riverton borough, Burlington County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Riverton borough, Burlington County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Riverton borough, Burlington County, New Jersey (county subdivision:63660, 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 B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free 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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- New Jersey landlord and tenant rules
- Housing across Burlington County
- Housing data for every place in New Jersey