Overview / New Jersey

Gloucester

county · 15 metrics · 5y change · report

Median gross rent
$1,480
+20.8% over 5y · rank 11/21
Median household income
$102,807
+17.8% over 5y · rank 19/21
Median owner-occupied home value
$283,500
+29.0% over 5y · rank 8/21
Total population
304,504
+4.6% over 5y · rank 5/21
Renters paying over 30% of income on housing
0.49
-2.7% over 5y · rank 6/21
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
330
+210.0% over 5y · rank 4/21
Residential units permitted
1,047
+49.8% over 5y · rank 7/21
Home value to area median income
3.14
+28.5% over 5y · rank 16/21
Home value to household income
3.24
+28.5% over 5y · rank 17/21
Annual rent to household income
0.22
+18.1% over 5y · rank 14/16
Unemployment rate
4.4%
-30.2% over 5y · rank 12/21
Home value index, single-family
$389,898
+42.4% over 5y · rank 4/21
Observed rent index, all homes
$2,173
+36.0% over 5y · rank 5/17

Home value index, single-family

Home value index, single-family · 318 observations
$110,777$260,675$410,5742000-012026-06

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PeriodValueSourceMatched by
2026-06-01$389,898zillow_zhvifips
2026-05-01$389,515zillow_zhvifips
2026-04-01$388,767zillow_zhvifips
2026-03-01$387,565zillow_zhvifips
2026-02-01$385,969zillow_zhvifips
2026-01-01$384,167zillow_zhvifips
2025-12-01$382,246zillow_zhvifips
2025-11-01$380,034zillow_zhvifips
2025-10-01$378,319zillow_zhvifips
2025-09-01$376,997zillow_zhvifips
2025-08-01$376,196zillow_zhvifips
2025-07-01$375,836zillow_zhvifips
2025-06-01$375,540zillow_zhvifips
2025-05-01$374,780zillow_zhvifips
2025-04-01$373,781zillow_zhvifips
2025-03-01$372,333zillow_zhvifips
2025-02-01$371,065zillow_zhvifips
2025-01-01$369,556zillow_zhvifips
2024-12-01$368,360zillow_zhvifips
2024-11-01$367,193zillow_zhvifips
2024-10-01$366,033zillow_zhvifips
2024-09-01$364,577zillow_zhvifips
2024-08-01$363,164zillow_zhvifips
2024-07-01$362,118zillow_zhvifips

Observed rent index, all homes

Observed rent index, all homes · 138 observations
$1,086$1,670$2,2542015-012026-06

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PeriodValueSourceMatched by
2026-06-01$2,173zillow_zorifips
2026-05-01$2,166zillow_zorifips
2026-04-01$2,136zillow_zorifips
2026-03-01$2,105zillow_zorifips
2026-02-01$2,093zillow_zorifips
2026-01-01$2,088zillow_zorifips
2025-12-01$2,090zillow_zorifips
2025-11-01$2,091zillow_zorifips
2025-10-01$2,111zillow_zorifips
2025-09-01$2,109zillow_zorifips
2025-08-01$2,104zillow_zorifips
2025-07-01$2,073zillow_zorifips
2025-06-01$2,075zillow_zorifips
2025-05-01$2,071zillow_zorifips
2025-04-01$2,059zillow_zorifips
2025-03-01$2,028zillow_zorifips
2025-02-01$2,029zillow_zorifips
2025-01-01$2,030zillow_zorifips
2024-12-01$2,031zillow_zorifips
2024-11-01$2,022zillow_zorifips
2024-10-01$2,017zillow_zorifips
2024-09-01$2,010zillow_zorifips
2024-08-01$2,010zillow_zorifips
2024-07-01$2,001zillow_zorifips

Median household income

Median household income · 5 observations
$86,041$95,045$104,0492015-012019-01

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PeriodValueSourceMatched by
2019-01-01$102,807census_acsfips
2018-01-01$99,668census_acsfips
2017-01-01$93,208census_acsfips
2016-01-01$89,056census_acsfips
2015-01-01$87,283census_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$1,48014 / 212023-12-31census_acs
Median household income$102,8079 / 212023-12-31census_acs
Median owner-occupied home value$283,50017 / 212023-12-31census_acs
Total population304,50414 / 212023-12-31census_acs
Renters paying over 30% of income on housing0.4911 / 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 returns3303 / 212022-12-31irs_migration
Residential units permitted1,04711 / 212024-12-31census_permits
Home value to area median income3.143 / 212024-12-31hip_derived
Home value to household income3.241 / 212023-12-31hip_derived
Annual rent to household income0.224 / 182023-12-31hip_derived
Unemployment rate4.4%10 / 212025-12-31bls
Home value index, single-family$389,89817 / 212026-06-30zillow_zhvi
Observed rent index, all homes$2,17315 / 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.

The housing market in Gloucester County has shown significant appreciation and growth across several metrics. Over the 2019-2023 period, the median owner-occupied home value increased by 29.0%, and the Home value index for single-family homes saw a substantial rise of 42.4% (ranked 4/21). Observed rent index, all homes, also rose by 36.0% (ranked 5/17). Economically, the region has seen a strong influx of people, with net migration increasing by 210.0% (ranked 4/21), and the unemployment rate decreased by 30.2% (ranked 12/21). Furthermore, residential units permitted increased by 49.8% (ranked 7/21), suggesting robust development activity.

Despite these strong growth indicators, affordability remains a concern. The median household income increased by 17.8% (ranked 19/21), while the annual rent to household income rose by 18.1% (ranked 14/16). This suggests that housing costs are rising faster relative to income. The median gross rent increased by 20.8% (ranked 11/21), contributing to the annual rent to household income ratio of 0.22, which ranks 4/18.

When interpreting these figures, it is important to note several caveats. The affordability ratios are computed by the platform and are not published by the source. Additionally, the Zillow rent index rests on a thinner base and ranks against a smaller cohort than the home value figures. Finally, the data uses various windows, and consecutive estimates are not independent measurements, meaning short windows may understate the true separation of the trends.

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