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Market AnalysisUpdated March 2026

Gloucester County, NJ — Market Snapshot

Real estate market data for Gloucester County, New Jersey. Census demographics, rental trends, and economic indicators for investors and developers.

Population

304,504

ACS 2023

Median Household Income

$108,157

ACS 2023

Renter-Occupied

21%

ACS 2023

Median Rent

$1,489/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19
24.2%
Ages 20–29
13.1%
Ages 30–39
12.6%
Ages 40–49
12.8%
Ages 50–59
13.9%
Ages 60–69
12.7%
Over 70
10.8%

Household Income Distribution

Under $30K
12.0%
$30K–$50K
10.0%
$50K–$75K
00.0%
$75K–$100K
00.0%
$100K–$150K
00.0%
Above $150K
00.0%

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Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Very Affordable (<3x)

ACS 2023

Price-to-Income Ratio

5.3x

Redfin SFR ÷ FRED Per Capita Income
Very Affordable (<3x)Moderate (3–5x)Expensive (5–7x)Very Expensive (>7x)
5.3x

At 5.3x price-to-income, median home prices in Gloucester County are elevated relative to income.

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value
$365,000
Median Gross Rent
$1,489/mo
Homeownership Rate
79%
Typical Monthly Housing Cost(owner-occupied w/ mortgage)
$1,827/mo
Median Annual Property Tax(ACS estimate)
$7,955
Vacancy Rate
Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Gloucester County HPI

282.0

FRED Q4 2025

Since 2020

+73.6%

vs. 2020 baseline

Gloucester County home values have appreciated 73.6% since 2020, outpacing the New Jersey statewide average of 72.9%.

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

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Market Tier

Bawa Score: 87 / 100

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Economic Indicators

Unemployment Rate
4.4%
Per Capita Personal Income
$68,394
Labor Force
159,507
GDP
$15B
Building Permits
899

▲ +26.8% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted
$12.2B
State Home Price Index
939.3
State GDP
$846B

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

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