Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Alloway

Learn about the people, housing, costs and businesses in Alloway, New Jersey

Median Home$326,800
Median Rent$749/month
Population1,302
Leading IndustriesWholesale Trade · Information & Media · Public Administration14% wholesale trade
Home Value Growth+8.4% over 2 years
Retirees25% of residentsabove average nationally
Homeowners87% of occupied units
NotableTransit84/100 · excellent transit access
NotableHigh Incomes$105k/year · top 14% nationally
Alloway
NJ

Frequently Asked Questions

What are today's mortgage rates in Alloway?

As of today, the 30-year fixed mortgage rate for Alloway is approximately 6.944% (6.982% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Alloway
What is the median home price in Alloway?

The median home value in Alloway is $327k. The median monthly rent is $749. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alloway?

Home values in Alloway have increased 8.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alloway?

Based on a typical all-in ownership cost of $1,511/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alloway is $105k/year.

Calculate your buying power
What industries drive the economy in Alloway?

The largest employment sectors in Alloway are public administration (30%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.