The typical owner-occupied home in Moonachie is worth about $445,800, about the same as the New Jersey median of $454,400 and 34% above the national median of $332,700. Owners pay a median $9,169 a year in property taxes, about 2.06% of their home's value, close to the New Jersey rate of 2.11%. The median household earns $90,260 a year, so the median home costs 4.9 times the median income (4.4 times for New Jersey). 77% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Moonachie at a glance
| Moonachie | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $445,800 | $454,400 | $332,700 |
| Median property tax paid per year | $9,169 | $9,590 | $3,119 |
| Property tax as a share of value | 2.06% | 2.11% | 0.94% |
| Median household income | $90,260 | $103,556 | $80,734 |
| Homes lived in by their owners | 77% | 64% | 65% |
| Owner homes with a mortgage | 45% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $2,713 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 21.8% | 22.9% | 21.0% |
| Median rent | $1,127 | $1,720 | $1,413 |
| Rent as a share of renters' income | 23.5% | 30.9% | 30.6% |
| Median year homes were built | 1966 | 1970 | 1980 |
| Vacant homes | 5.6% | 7.5% | 10.1% |
| Population | 3,126 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Moonachie
At this week's average 30-year rate of 7.11%, buying the median Moonachie home of $445,800 with 20% down costs about $3,350 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,093, 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 $143,579 for the 20%-down payment. That payment is 45% of the median Moonachie household income of $90,260; at that income and 20% down, the 28% guideline points to a home of about $280,000.
The median rent here is $1,127 a month, so owning the median home costs about $2,223 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $89,160 |
|---|---|
| Loan amount | $356,640 |
| Principal and interest | $2,399 |
| Property taxes (2.06% a year) | $765 |
| Homeowners insurance (our estimate, 0.5% a year) | $186 |
| PMI | $0 |
| Total per month | $3,350 |
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| Down payment | $15,603 |
|---|---|
| Loan amount | $437,725 |
| Principal and interest | $2,945 |
| Property taxes (2.06% a year) | $765 |
| Homeowners insurance (our estimate, 0.5% a year) | $186 |
| FHA mortgage insurance | $197 |
| Total per month | $4,093 |
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Questions about home buying in Moonachie
What is the median home value in Moonachie?
About $445,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Moonachie?
Homeowners pay a median $9,169 a year, which is about 2.06% 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 Moonachie?
For the median home with 20% down at 7.11%, the payment is about $3,350 a month. Keeping that under 28% of gross income takes about $143,579 a year.
More about Moonachie
- Mortgage Refinance in Moonachie
- Debt Relief in Moonachie
- Home Equity Loans in Moonachie
- 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