The typical owner-occupied home in Dennisville is worth about $358,700, 21% below the New Jersey median of $454,400 and 8% above the national median of $332,700. Owners pay a median $4,389 a year in property taxes, about 1.22% of their home's value, lower than the New Jersey rate of 2.11%. The median household earns $96,148 a year, so the median home costs 3.7 times the median income (4.4 times for New Jersey). 73% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Dennisville at a glance
| Dennisville | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $358,700 | $454,400 | $332,700 |
| Median property tax paid per year | $4,389 | $9,590 | $3,119 |
| Property tax as a share of value | 1.22% | 2.11% | 0.94% |
| Median household income | $96,148 | $103,556 | $80,734 |
| Homes lived in by their owners | 73% | 64% | 65% |
| Owner homes with a mortgage | 58% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,900 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 22.7% | 22.9% | 21.0% |
| Median rent | $1,184 | $1,720 | $1,413 |
| Rent as a share of renters' income | 18.7% | 30.9% | 30.6% |
| Median year homes were built | 1962 | 1970 | 1980 |
| Vacant homes | 4.3% | 7.5% | 10.1% |
| Population | 736 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Dennisville
At this week's average 30-year rate of 7.11%, buying the median Dennisville home of $358,700 with 20% down costs about $2,445 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,042, 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 $104,766 for the 20%-down payment. That payment is 31% of the median Dennisville household income of $96,148; at that income and 20% down, the 28% guideline points to a home of about $329,000.
The median rent here is $1,184 a month, so owning the median home costs about $1,261 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $71,740 |
|---|---|
| Loan amount | $286,960 |
| Principal and interest | $1,930 |
| Property taxes (1.22% a year) | $365 |
| Homeowners insurance (our estimate, 0.5% a year) | $149 |
| PMI | $0 |
| Total per month | $2,445 |
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| Down payment | $12,554 |
|---|---|
| Loan amount | $352,203 |
| Principal and interest | $2,369 |
| Property taxes (1.22% a year) | $365 |
| Homeowners insurance (our estimate, 0.5% a year) | $149 |
| FHA mortgage insurance | $159 |
| Total per month | $3,042 |
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Questions about home buying in Dennisville
What is the median home value in Dennisville?
About $358,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dennisville?
Homeowners pay a median $4,389 a year, which is about 1.22% 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 Dennisville?
For the median home with 20% down at 7.11%, the payment is about $2,445 a month. Keeping that under 28% of gross income takes about $104,766 a year.
More about Dennisville
- Mortgage Refinance in Dennisville
- Debt Relief in Dennisville
- Home Equity Loans in Dennisville
- 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