Cost of Living in Burlington County, New Jersey

$1,669/mo
Median Monthly Rent
$326,700
Median Home Value
6% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,669/mo
6% above state average
Median Home Value
$326,700
16% above national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Burlington County Compares

Median monthly rent comparison

Burlington County$1,669/mo
New Jersey Average$1,577/mo
National Median$1,163/mo

Detailed Housing Stats

$1,669/mo
Median Gross Rent
$326,700
Median Home Value
$1,886/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Burlington County, New Jersey

Burlington balances income and housing costs well

Burlington County residents spend 19.0% of household income on rent, slightly above the national average of 18.5% but well-controlled given the area's prosperity. The county's median household income of $105,271 runs 41% higher than the national median, making its $1,669 rent burden manageable for most households.

Burlington ranks near the state affordability sweet spot

With a rent-to-income ratio of 19.0%, Burlington County sits just below New Jersey's 19.1% state average, matching the affordability of the typical Garden State county. The county's $1,669 median rent sits between state-level peers, offering reasonable access to properties throughout South Jersey.

Slightly pricier than neighbors, better incomes offset it

Burlington County's $1,669 median rent runs $344 higher than Atlantic County's $1,325 but comes with $28,452 more median household income annually. Compared to Camden County's $1,346 rent, Burlington residents pay more but earn $18,887 additional income, keeping ratios competitive.

Renters and buyers find moderate balance in Burlington

Burlington renters pay $1,669 monthly while homeowners average $1,886, a modest $217 difference reflecting the county's reasonable home values of $326,700. Both housing costs consume roughly 19% of the $105,271 median household income, leaving sustainable room for savings and other expenses.

Burlington offers reliable affordability without steep trade-offs

Families earning $100,000+ will find Burlington County's balanced rents, moderate home prices, and strong middle-class incomes appealing for both rental and ownership. The county's central South Jersey location and proximity to Philadelphia make it ideal for households seeking suburban stability without the extreme costs of northern New Jersey.

Affordability Calculator

See how your income compares to housing costs in Burlington County

$

Rent Burden

19.0%

of gross income

Max Housing (28% Rule)

$2,456

per month

Owner Cost Burden

21.5%

of gross income

The median home in Burlington County may be a stretch

Median home value is $326,700. Estimated monthly cost: $2,608 vs. your max of $2,456.

Rent Affordability Guide

Your rent-to-income ratio19.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Burlington County, New Jersey?
Burlington County, New Jersey has a median monthly rent of $1,669/mo and a median home value of $326,700. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Burlington County?
The median gross rent in Burlington County is $1,669/mo. This is 6% above state average for New Jersey.
Is Burlington County affordable?
Burlington County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Burlington County's rent compare to the state average?
Burlington County's median rent of $1,669/mo is 6% above state average of $1,577/mo for New Jersey.
What is the median home value in Burlington County?
The median home value in Burlington County, New Jersey is $326,700. This is 16% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.