The typical owner-occupied home in Longport is worth about $1,088,000, 2.4 times the New Jersey median of $454,400 and 3.3 times the national median of $332,700. Owners pay a median $8,264 a year in property taxes, about 0.76% of their home's value, lower than the New Jersey rate of 2.11%. The median household earns $109,135 a year, so the median home costs 10.0 times the median income (4.4 times for New Jersey). 91% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.
Longport at a glance
| Longport | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $1,088,000 | $454,400 | $332,700 |
| Median property tax paid per year | $8,264 | $9,590 | $3,119 |
| Property tax as a share of value | 0.76% | 2.11% | 0.94% |
| Median household income | $109,135 | $103,556 | $80,734 |
| Homes lived in by their owners | 91% | 64% | 65% |
| Owner homes with a mortgage | 36% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $3,625 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 30.4% | 22.9% | 21.0% |
| Median rent | $2,514 | $1,720 | $1,413 |
| Rent as a share of renters' income | 42.5% | 30.9% | 30.6% |
| Median year homes were built | 1975 | 1970 | 1980 |
| Vacant homes | 68.4% | 7.5% | 10.1% |
| Population | 901 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Longport
At this week's average 30-year rate of 7.11%, buying the median Longport home of $1,088,000 with 20% down costs about $6,998 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $8,985, 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 $299,899 for the 20%-down payment. That payment is 77% of the median Longport household income of $109,135; at that income and 20% down, the 28% guideline points to a home of about $396,000.
The median rent here is $2,514 a month, so owning the median home costs about $4,484 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $217,600 |
|---|---|
| Loan amount | $870,400 |
| Principal and interest | $5,855 |
| Property taxes (0.76% a year) | $689 |
| Homeowners insurance (our estimate, 0.5% a year) | $453 |
| PMI | $0 |
| Total per month | $6,998 |
Change the numbers in the calculator
| Down payment | $38,080 |
|---|---|
| Loan amount | $1,068,294 |
| Principal and interest | $7,186 |
| Property taxes (0.76% a year) | $689 |
| Homeowners insurance (our estimate, 0.5% a year) | $453 |
| FHA mortgage insurance | $656 |
| Total per month | $8,985 |
Change the numbers in the calculator
Questions about home buying in Longport
What is the median home value in Longport?
About $1,088,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Longport?
Homeowners pay a median $8,264 a year, which is about 0.76% 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 Longport?
For the median home with 20% down at 7.11%, the payment is about $6,998 a month. Keeping that under 28% of gross income takes about $299,899 a year.
More about Longport
- Mortgage Refinance in Longport
- Debt Relief in Longport
- Home Equity Loans in Longport
- 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