The typical owner-occupied home in Jobstown is worth about $458,300, about the same as the New Jersey median of $454,400 and 38% above the national median of $332,700. Owners pay a median $7,589 a year in property taxes, about 1.66% of their home's value, lower than the New Jersey rate of 2.11%. The median household earns $94,500 a year, so the median home costs 4.8 times the median income (4.4 times for New Jersey). 100% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Jobstown at a glance
| Jobstown | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $458,300 | $454,400 | $332,700 |
| Median property tax paid per year | $7,589 | $9,590 | $3,119 |
| Property tax as a share of value | 1.66% | 2.11% | 0.94% |
| Median household income | $94,500 | $103,556 | $80,734 |
| Homes lived in by their owners | 100% | 64% | 65% |
| Owner homes with a mortgage | 49% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $2,681 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 34.6% | 22.9% | 21.0% |
| Median rent | – | $1,720 | $1,413 |
| Median year homes were built | 1977 | 1970 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 286 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Jobstown
At this week's average 30-year rate of 7.11%, buying the median Jobstown home of $458,300 with 20% down costs about $3,291 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,055, 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 $141,058 for the 20%-down payment. That payment is 42% of the median Jobstown household income of $94,500; at that income and 20% down, the 28% guideline points to a home of about $307,000.
| Down payment | $91,660 |
|---|---|
| Loan amount | $366,640 |
| Principal and interest | $2,466 |
| Property taxes (1.66% a year) | $634 |
| Homeowners insurance (our estimate, 0.5% a year) | $191 |
| PMI | $0 |
| Total per month | $3,291 |
Change the numbers in the calculator
| Down payment | $16,040 |
|---|---|
| Loan amount | $449,999 |
| Principal and interest | $3,027 |
| Property taxes (1.66% a year) | $634 |
| Homeowners insurance (our estimate, 0.5% a year) | $191 |
| FHA mortgage insurance | $203 |
| Total per month | $4,055 |
Change the numbers in the calculator
Questions about home buying in Jobstown
What is the median home value in Jobstown?
About $458,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Jobstown?
Homeowners pay a median $7,589 a year, which is about 1.66% 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 Jobstown?
For the median home with 20% down at 7.11%, the payment is about $3,291 a month. Keeping that under 28% of gross income takes about $141,058 a year.
More about Jobstown
- Mortgage Refinance in Jobstown
- Debt Relief in Jobstown
- Home Equity Loans in Jobstown
- 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