Cost of Living in Burlington County, New Jersey
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Burlington County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Burlington County ranks #3,029 of 3,142 counties for affordability (bottom 4%)
Sourced county brief
Burlington County Median Gross Rent Estimated at $1,745 Per Month
Median gross rent in Burlington County was estimated at $1,745 per month during the 2020-2024 American Community Survey period. This figure is $110 higher than the New Jersey unweighted county mean of $1,635 per month. The official Gross Rent as a Percentage of Household Income (GRAPI) for the county was 31.2%, which is 0.2 percentage points lower than the state unweighted county mean of 31.4%. Renter-household income was recorded at a median of $65,698. For owner-occupied housing units, the median monthly cost was $1,908, while the median home value was $354,000. These owner metrics were both below the respective state unweighted county means of $2,126 for monthly costs and $430,014 for home values. These statistics are snapshot estimates from the U.S. Census Bureau. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Burlington County
Affordability Verdict
ACS B25071 estimates median gross rent at 31.2% of renter household income in Burlington County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,745 per month; median selected monthly owner costs are $1,908. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $69,800 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The New Jersey unweighted mean of county median rents is $1,635 per month. Burlington County's $1,745 median is 6.7% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Burlington County
Rent Burden
19.4%
of gross income
Max Housing (28% Rule)
$2,523
per month
Owner Cost Burden
21.2%
of gross income
The median home in Burlington County may be a stretch
Median home value is $354,000. Estimated monthly cost: $2,826 vs. your max of $2,523.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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