The typical owner-occupied home in Egg Harbor City is worth about $197,100, 57% below the New Jersey median of $454,400 and 41% below the national median of $332,700. Owners pay a median $6,887 a year in property taxes, about 3.49% of their home's value, higher than the New Jersey rate of 2.11%. The median household earns $71,711 a year, so the median home costs 2.7 times the median income (4.4 times for New Jersey). 51% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Egg Harbor City at a glance
| Egg Harbor City | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $197,100 | $454,400 | $332,700 |
| Median property tax paid per year | $6,887 | $9,590 | $3,119 |
| Property tax as a share of value | 3.49% | 2.11% | 0.94% |
| Median household income | $71,711 | $103,556 | $80,734 |
| Homes lived in by their owners | 51% | 64% | 65% |
| Owner homes with a mortgage | 62% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $2,106 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 26.7% | 22.9% | 21.0% |
| Median rent | $1,451 | $1,720 | $1,413 |
| Rent as a share of renters' income | 29.4% | 30.9% | 30.6% |
| Median year homes were built | 1957 | 1970 | 1980 |
| Vacant homes | 8.1% | 7.5% | 10.1% |
| Population | 4,400 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Egg Harbor City
At this week's average 30-year rate of 7.11%, buying the median Egg Harbor City home of $197,100 with 20% down costs about $1,716 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,044, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $73,546 for the 20%-down payment. That payment is 29% of the median Egg Harbor City household income of $71,711; at that income and 20% down, the 28% guideline points to a home of about $192,000.
The median rent here is $1,451 a month, so owning the median home costs about $265 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $39,420 |
|---|---|
| Loan amount | $157,680 |
| Principal and interest | $1,061 |
| Property taxes (3.49% a year) | $573 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| PMI | $0 |
| Total per month | $1,716 |
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| Down payment | $6,898 |
|---|---|
| Loan amount | $193,530 |
| Principal and interest | $1,302 |
| Property taxes (3.49% a year) | $573 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| FHA mortgage insurance | $87 |
| Total per month | $2,044 |
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Questions about home buying in Egg Harbor City
What is the median home value in Egg Harbor City?
About $197,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Egg Harbor City?
Homeowners pay a median $6,887 a year, which is about 3.49% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Egg Harbor City?
For the median home with 20% down at 7.11%, the payment is about $1,716 a month. Keeping that under 28% of gross income takes about $73,546 a year.
More about Egg Harbor City
- Mortgage Refinance in Egg Harbor City
- Debt Relief in Egg Harbor City
- Home Equity Loans in Egg Harbor City
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data