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

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

Homeowners with a mortgage in Wharton Borough, NJ pay a median of $2,429 (±$340) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,138 (±$45).

72.1% of owned homes carry a mortgage.

In Wharton Borough, the median monthly cost with a mortgage went from $2,322 in 2015–2019 to $2,429 in 2020–2024 (+4.6%).

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 November 12, 2026.

With a mortgage: $2,429 (±$340)
Without a mortgage: $1,138 (±$45)
Owned with a mortgage: 72.1%

Monthly owner costs in Wharton Borough

Median selected monthly owner costs, estimate (90% margin of error)
	Wharton Borough	Morris County	New Jersey	United States
With a mortgage	$2,429 (±$340)	$3,295 (±$38)	$2,829 (±$8)	$1,963
Without a mortgage	$1,138 (±$45)	$1,385 (±$21)	$1,232 (±$6)	$638
Owned homes with a mortgage	72.1% (±10.8 points)	64.5% (±0.9 points)	63.9% (±0.2 points)	60.6%
Median real estate taxes (a year)	$9,296 (±$1,389)	$10,000 or more	$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 Wharton Borough, the median cost with a mortgage is lower than in Morris County ($3,295).

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

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

In Morris County, Wharton Borough ranks 37 of 39 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 383 of 560.

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

How owner costs in Wharton Borough 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	$2,322 (±$105)	$2,429 (±$340)	+4.6%	Down after inflation
Median real estate taxes	$7,617 (±$584)	$9,296 (±$1,389)	+22.0%	No measurable change after inflation
Median home value	$299,600 (±$27,881)	$380,700 (±$31,603)	+27.1%	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 Wharton Borough

Nearest places with a published estimate, compared with Wharton Borough
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Wharton Borough	—	$2,429 (±$340)	—
Dover Town	1.1 mi	$2,596 (±$195)	Not measurably different
Mine Hill Township	1.9 mi	$2,602 (±$173)	Not measurably different
Mount Hope	1.9 mi	$2,563 (±$348)	Not measurably different
Victory Gardens Borough	2.2 mi	$1,690 (±$158)	Lower
Kenvil	2.6 mi	$2,716 (±$198)	Not measurably different
Rockaway Borough	3.0 mi	$2,949 (±$216)	Higher
White Meadow Lake	3.8 mi	$2,866 (±$179)	Higher
Mount Arlington Borough	3.8 mi	$2,566 (±$192)	Not measurably different

Nearby places with a measurably lower figure: Victory Gardens Borough, NJ ($1,690).

Nearby places with a measurably higher figure: Rockaway Borough, NJ ($2,949), White Meadow Lake, NJ ($2,866).

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

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

Rank	Place	Median monthly cost with a mortgage
31	Butler Borough	$2,835 (±$133)
32	Netcong Borough	$2,635 (±$112)
33	Jefferson Township	$2,629 (±$171)
34	Mine Hill Township	$2,602 (±$173)
35	Dover Town	$2,596 (±$195)
36	Mount Arlington Borough	$2,566 (±$192)
37	Wharton Borough	$2,429 (±$340)
38	Riverdale Borough	$2,346 (±$113)
39	Victory Gardens Borough	$1,690 (±$158)

Showing 9 of 39 places in Morris 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 Wharton Borough

What is the average mortgage payment in Wharton Borough?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Wharton Borough, NJ is $2,429 (±$340) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Wharton Borough pay a median of $1,138 (±$45) a month in taxes, insurance, utilities and fees.

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

In Wharton Borough, the median monthly cost with a mortgage went from $2,322 in 2015–2019 to $2,429 in 2020–2024 (+4.6%).

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 Wharton borough, Morris County, New Jersey (county subdivision:80390, in state:34 county:027).

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.