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Gloucester County Housing Market

New Jersey · 21 counties · Ranked #2579 in home value

Above National AvgAffordable

Housing at a Glance

Median Home Value

$283,500

vs national+$283,500 vs $281,900 national

Median Gross Rent

$1,480/mo

vs national+$1,480 vs $1,163 national

Effective Tax Rate

2.81%

vs national+2.81% vs 1.02% national

Median Household Income

$102,807

vs national+$102,807 vs $74,755 national

Affordability Ratio

2.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$7,964

Tax as % of Home Value

2.81%

Monthly Owner Cost

$1,875

Renter Income

$53,144

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Gloucester County?

The median home value in Gloucester County is $283,500. This is above the national median of $281,900.

How much is rent in Gloucester County?

The median gross rent in Gloucester County is $1,480 per month.

What is the property tax rate in Gloucester County?

The effective property tax rate in Gloucester County is 2.81%. The median annual property tax bill is $7,964.

Is Gloucester County affordable?

With a home-value-to-income ratio of 2.8x, Gloucester County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.