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Buying a home in Mickleton, New Jersey

The typical owner-occupied home in Mickleton is worth about $371,300, 18% below the New Jersey median of $454,400 and 12% above the national median of $332,700. Owners pay a median $7,390 a year in property taxes, about 1.99% of their home's value, lower than the New Jersey rate of 2.11%. The median household earns $113,463 a year, so the median home costs 3.3 times the median income (4.4 times for New Jersey). 100% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.

Mickleton at a glance

Mickleton New Jersey U.S.
Median home value $371,300 $454,400 $332,700
Median property tax paid per year $7,390 $9,590 $3,119
Property tax as a share of value 1.99% 2.11% 0.94%
Median household income $113,463 $103,556 $80,734
Homes lived in by their owners 100% 64% 65%
Owner homes with a mortgage 59% 64% 61%
Median monthly costs, owners with a mortgage $2,390 $2,829 $1,963
Those costs as a share of the owners' income 22.9% 22.9% 21.0%
Median rent – $1,720 $1,413
Median year homes were built 1989 1970 1980
Vacant homes 0.0% 7.5% 10.1%
Population 1,786 9,343,809 334,922,499

What a typical home costs per month in Mickleton

At this week's average 30-year rate of 7.11%, buying the median Mickleton home of $371,300 with 20% down costs about $2,769 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,387, 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 $118,657 for the 20%-down payment. That payment is 29% of the median Mickleton household income of $113,463; at that income and 20% down, the 28% guideline points to a home of about $355,000.

20% down, 30-year conventional loan
Down payment$74,260
Loan amount$297,040
Principal and interest$1,998
Property taxes (1.99% a year)$616
Homeowners insurance (our estimate, 0.5% a year)$155
PMI$0
Total per month$2,769

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3.5% down, 30-year FHA loan
Down payment$12,996
Loan amount$364,575
Principal and interest$2,453
Property taxes (1.99% a year)$616
Homeowners insurance (our estimate, 0.5% a year)$155
FHA mortgage insurance$164
Total per month$3,387

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Questions about home buying in Mickleton

What is the median home value in Mickleton?

About $371,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Mickleton?

Homeowners pay a median $7,390 a year, which is about 1.99% 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 Mickleton?

For the median home with 20% down at 7.11%, the payment is about $2,769 a month. Keeping that under 28% of gross income takes about $118,657 a year.

More about Mickleton

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