The typical owner-occupied home in Hibernia is worth about $451,800, about the same as the New Jersey median of $454,400 and 36% above the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 2.21% of their home's value, close to the New Jersey rate of 2.11%. The median household earns $121,205 a year, so the median home costs 3.7 times the median income (4.4 times for New Jersey). 100% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Hibernia at a glance
| Hibernia | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $451,800 | $454,400 | $332,700 |
| Median property tax paid per year | $10,001 | $9,590 | $3,119 |
| Property tax as a share of value | 2.21% | 2.11% | 0.94% |
| Median household income | $121,205 | $103,556 | $80,734 |
| Homes lived in by their owners | 100% | 64% | 65% |
| Owner homes with a mortgage | 40% | 64% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,829 | $1,963 |
| Median rent | – | $1,720 | $1,413 |
| Median year homes were built | 1955 | 1970 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 115 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Hibernia
At this week's average 30-year rate of 7.11%, buying the median Hibernia home of $451,800 with 20% down costs about $3,452 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,204, 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 $147,932 for the 20%-down payment. That payment is 34% of the median Hibernia household income of $121,205; at that income and 20% down, the 28% guideline points to a home of about $370,000.
| Down payment | $90,360 |
|---|---|
| Loan amount | $361,440 |
| Principal and interest | $2,431 |
| Property taxes (2.21% a year) | $832 |
| Homeowners insurance (our estimate, 0.5% a year) | $188 |
| PMI | $0 |
| Total per month | $3,452 |
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| Down payment | $15,813 |
|---|---|
| Loan amount | $443,617 |
| Principal and interest | $2,984 |
| Property taxes (2.21% a year) | $832 |
| Homeowners insurance (our estimate, 0.5% a year) | $188 |
| FHA mortgage insurance | $200 |
| Total per month | $4,204 |
Change the numbers in the calculator
Questions about home buying in Hibernia
What is the median home value in Hibernia?
About $451,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hibernia?
Homeowners pay a median $10,001 a year, which is about 2.21% 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 Hibernia?
For the median home with 20% down at 7.11%, the payment is about $3,452 a month. Keeping that under 28% of gross income takes about $147,932 a year.
More about Hibernia
- Mortgage Refinance in Hibernia
- Debt Relief in Hibernia
- Home Equity Loans in Hibernia
- 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