The typical owner-occupied home in Voorhees is worth about $388,200, 15% below the New Jersey median of $454,400 and 17% above the national median of $332,700. Owners pay a median $7,923 a year in property taxes, about 2.04% of their home's value, close to the New Jersey rate of 2.11%. The median household earns $89,200 a year, so the median home costs 4.4 times the median income (4.4 times for New Jersey). 49% of occupied homes here are lived in by their owners, and 84% of those owners still have a mortgage.
Voorhees at a glance
| Voorhees | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $388,200 | $454,400 | $332,700 |
| Median property tax paid per year | $7,923 | $9,590 | $3,119 |
| Property tax as a share of value | 2.04% | 2.11% | 0.94% |
| Median household income | $89,200 | $103,556 | $80,734 |
| Homes lived in by their owners | 49% | 64% | 65% |
| Owner homes with a mortgage | 84% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $2,735 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 18.9% | 22.9% | 21.0% |
| Median rent | $1,531 | $1,720 | $1,413 |
| Rent as a share of renters' income | 24.5% | 30.9% | 30.6% |
| Median year homes were built | 2000 | 1970 | 1980 |
| Vacant homes | 3.3% | 7.5% | 10.1% |
| Population | 2,000 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Voorhees
At this week's average 30-year rate of 7.11%, buying the median Voorhees home of $388,200 with 20% down costs about $2,911 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,558, 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 $124,751 for the 20%-down payment. That payment is 39% of the median Voorhees household income of $89,200; at that income and 20% down, the 28% guideline points to a home of about $278,000.
The median rent here is $1,531 a month, so owning the median home costs about $1,380 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $77,640 |
|---|---|
| Loan amount | $310,560 |
| Principal and interest | $2,089 |
| Property taxes (2.04% a year) | $660 |
| Homeowners insurance (our estimate, 0.5% a year) | $162 |
| PMI | $0 |
| Total per month | $2,911 |
Change the numbers in the calculator
| Down payment | $13,587 |
|---|---|
| Loan amount | $381,169 |
| Principal and interest | $2,564 |
| Property taxes (2.04% a year) | $660 |
| Homeowners insurance (our estimate, 0.5% a year) | $162 |
| FHA mortgage insurance | $172 |
| Total per month | $3,558 |
Change the numbers in the calculator
Questions about home buying in Voorhees
What is the median home value in Voorhees?
About $388,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Voorhees?
Homeowners pay a median $7,923 a year, which is about 2.04% 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 Voorhees?
For the median home with 20% down at 7.11%, the payment is about $2,911 a month. Keeping that under 28% of gross income takes about $124,751 a year.
More about Voorhees
- Mortgage Refinance in Voorhees
- Debt Relief in Voorhees
- Home Equity Loans in Voorhees
- 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