Overview / New Jersey

Burlington

county · 15 metrics · 5y change · report

Median gross rent
$1,669
+24.0% over 5y · rank 5/21
Median household income
$105,271
+20.4% over 5y · rank 15/21
Median owner-occupied home value
$326,700
+30.1% over 5y · rank 7/21
Total population
464,226
+4.2% over 5y · rank 8/21
Renters paying over 30% of income on housing
0.49
+4.4% over 5y · rank 20/21
Area median income (HUD)
$114,700
+18.7% over 5y · rank 15/21
Low-income limit, 80% AMI, 4-person household
$91,750
+18.7% over 5y · rank 16/21
Net migration, tax returns
453
+632.9% over 5y · rank 2/21
Residential units permitted
2,161
-18.7% over 5y · rank 15/21
Home value to area median income
3.53
+26.1% over 5y · rank 13/21
Home value to household income
3.52
+21.7% over 5y · rank 14/21
Annual rent to household income
0.23
+15.7% over 5y · rank 12/16
Unemployment rate
4.2%
-28.8% over 5y · rank 14/21
Home value index, single-family
$428,603
+40.2% over 5y · rank 6/21
Observed rent index, all homes
$2,262
+33.8% over 5y · rank 8/17

Home value index, single-family

Home value index, single-family · 318 observations
$120,925$286,160$451,3942000-012026-06

Hover the chart for a value.

Show the underlying values and their sources
PeriodValueSourceMatched by
2026-06-01$428,603zillow_zhvifips
2026-05-01$428,127zillow_zhvifips
2026-04-01$427,444zillow_zhvifips
2026-03-01$426,555zillow_zhvifips
2026-02-01$425,478zillow_zhvifips
2026-01-01$424,349zillow_zhvifips
2025-12-01$423,155zillow_zhvifips
2025-11-01$421,845zillow_zhvifips
2025-10-01$420,853zillow_zhvifips
2025-09-01$420,050zillow_zhvifips
2025-08-01$419,667zillow_zhvifips
2025-07-01$419,514zillow_zhvifips
2025-06-01$419,079zillow_zhvifips
2025-05-01$418,034zillow_zhvifips
2025-04-01$416,552zillow_zhvifips
2025-03-01$415,000zillow_zhvifips
2025-02-01$414,147zillow_zhvifips
2025-01-01$413,431zillow_zhvifips
2024-12-01$413,179zillow_zhvifips
2024-11-01$412,954zillow_zhvifips
2024-10-01$412,656zillow_zhvifips
2024-09-01$411,288zillow_zhvifips
2024-08-01$409,078zillow_zhvifips
2024-07-01$406,802zillow_zhvifips

Observed rent index, all homes

Observed rent index, all homes · 138 observations
$1,206$1,773$2,3402015-012026-06

Hover the chart for a value.

Show the underlying values and their sources
PeriodValueSourceMatched by
2026-06-01$2,262zillow_zorifips
2026-05-01$2,256zillow_zorifips
2026-04-01$2,245zillow_zorifips
2026-03-01$2,232zillow_zorifips
2026-02-01$2,222zillow_zorifips
2026-01-01$2,215zillow_zorifips
2025-12-01$2,209zillow_zorifips
2025-11-01$2,206zillow_zorifips
2025-10-01$2,191zillow_zorifips
2025-09-01$2,195zillow_zorifips
2025-08-01$2,187zillow_zorifips
2025-07-01$2,197zillow_zorifips
2025-06-01$2,198zillow_zorifips
2025-05-01$2,197zillow_zorifips
2025-04-01$2,187zillow_zorifips
2025-03-01$2,177zillow_zorifips
2025-02-01$2,183zillow_zorifips
2025-01-01$2,178zillow_zorifips
2024-12-01$2,160zillow_zorifips
2024-11-01$2,141zillow_zorifips
2024-10-01$2,142zillow_zorifips
2024-09-01$2,142zillow_zorifips
2024-08-01$2,144zillow_zorifips
2024-07-01$2,141zillow_zorifips

Median household income

Median household income · 5 observations
$85,988$96,344$106,6992015-012019-01

Hover the chart for a value.

Show the underlying values and their sources
PeriodValueSourceMatched by
2019-01-01$105,271census_acsfips
2018-01-01$102,615census_acsfips
2017-01-01$95,935census_acsfips
2016-01-01$90,329census_acsfips
2015-01-01$87,416census_acsfips

Current values

Each metric’s most recent reading, ranked against peers by value rather than by change. The MOD-IV assessment aggregates appear only here: they are a single published snapshot, and a change needs two observations.

MetricValueRankAs ofSource
Median gross rent$1,6699 / 212023-12-31census_acs
Median household income$105,2718 / 212023-12-31census_acs
Median owner-occupied home value$326,70015 / 212023-12-31census_acs
Total population464,22611 / 212023-12-31census_acs
Renters paying over 30% of income on housing0.4910 / 212023-12-31census_acs
Area median income (HUD)$114,70014 / 212024-12-31hud
Low-income limit, 80% AMI, 4-person household$91,75015 / 212024-12-31hud
Net migration, tax returns4532 / 212022-12-31irs_migration
Residential units permitted2,1618 / 212024-12-31census_permits
Home value to area median income3.537 / 212024-12-31hip_derived
Home value to household income3.525 / 212023-12-31hip_derived
Annual rent to household income0.235 / 182023-12-31hip_derived
Unemployment rate4.2%7 / 212025-12-31bls
Home value index, single-family$428,60316 / 212026-06-30zillow_zhvi
Observed rent index, all homes$2,26212 / 192026-06-30zillow_zori

Interpretation

written by Gemma 4 E4B · ollama

The underlying figures have changed since this was written. Treat it as out of date until it is regenerated.

Over the past several years, Burlington County has experienced significant appreciation in housing costs and property values. The median gross rent increased by 24.0% between 2019 and 2023, while the Observed rent index, all homes, rose by 33.8% between 2021 and 2026. Home values have also risen sharply, with the median owner-occupied home value increasing by 30.1% over the same 2019-2023 period. Furthermore, the Home value index, single-family, shows a substantial increase of 40.2% between 2021 and 2026. While the median household income increased by 20.4% (2019-2023), the affordability ratios reflect rising costs, as the Home value to area median income ratio increased by 26.1% (2020-2024).

The region's population and migration metrics suggest strong growth, highlighted by a massive increase of 632.9% in net migration, tax returns (2018-2022), ranking it 2nd among peers. However, affordability remains a concern, as the percentage of renters paying over 30% of income on housing increased by 4.4% (2019-2023), placing the county at the 20th rank of 21 regions. Despite the strong growth in income, the median owner-occupied home value ranks 15/21, and the median gross rent ranks 5/21.

It is important to note that these figures are subject to several caveats. For instance, the American Community Survey 5-year estimates overlap by four years, meaning consecutive estimates are not independent measurements. Additionally, the Observed rent index, all homes, rests on a thinner base and ranks against a smaller cohort than the home value index. While the unemployment rate dropped by 28.8% (2020-2025), the overall picture shows significant cost increases relative to income, as evidenced by the rising Home value to area median income ratio.

Generated by a local language model from this region's analysis packet. It is interpretation of computed metrics, not a measurement, and not advice.

Caveats