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Buying a home in Marlton, New Jersey

The typical owner-occupied home in Marlton is worth about $341,100, 25% below the New Jersey median of $454,400 and 3% above the national median of $332,700. Owners pay a median $7,824 a year in property taxes, about 2.29% of their home's value, higher than the New Jersey rate of 2.11%. The median household earns $94,464 a year, so the median home costs 3.6 times the median income (4.4 times for New Jersey). 56% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.

Marlton at a glance

Marlton New Jersey U.S.
Median home value $341,100 $454,400 $332,700
Median property tax paid per year $7,824 $9,590 $3,119
Property tax as a share of value 2.29% 2.11% 0.94%
Median household income $94,464 $103,556 $80,734
Homes lived in by their owners 56% 64% 65%
Owner homes with a mortgage 69% 64% 61%
Median monthly costs, owners with a mortgage $2,278 $2,829 $1,963
Those costs as a share of the owners' income 24.4% 22.9% 21.0%
Median rent $1,720 $1,720 $1,413
Rent as a share of renters' income 27.5% 30.9% 30.6%
Median year homes were built 1973 1970 1980
Vacant homes 3.5% 7.5% 10.1%
Population 10,922 9,343,809 334,922,499

What a typical home costs per month in Marlton

At this week's average 30-year rate of 7.11%, buying the median Marlton home of $341,100 with 20% down costs about $2,629 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,197, 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 $112,660 for the 20%-down payment. That payment is 33% of the median Marlton household income of $94,464; at that income and 20% down, the 28% guideline points to a home of about $286,000.

The median rent here is $1,720 a month, so owning the median home costs about $909 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$68,220
Loan amount$272,880
Principal and interest$1,836
Property taxes (2.29% a year)$651
Homeowners insurance (our estimate, 0.5% a year)$142
PMI$0
Total per month$2,629

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3.5% down, 30-year FHA loan
Down payment$11,938
Loan amount$334,922
Principal and interest$2,253
Property taxes (2.29% a year)$651
Homeowners insurance (our estimate, 0.5% a year)$142
FHA mortgage insurance$151
Total per month$3,197

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Questions about home buying in Marlton

What is the median home value in Marlton?

About $341,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Marlton?

Homeowners pay a median $7,824 a year, which is about 2.29% 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 Marlton?

For the median home with 20% down at 7.11%, the payment is about $2,629 a month. Keeping that under 28% of gross income takes about $112,660 a year.

More about Marlton

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