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Blackwells Mills

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

Median Home$684,038
Median Rent$2,997/month
Population9,867
Leading IndustriesArts, Food & Hospitality · Professional Services · Healthcare17% arts, food & hospitality
Home Value Growth⬆⬆⬆+30.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners92% of occupied units
NotableHigh Incomes$219k/year · top 1% nationally
NotableHighly Educated35% bachelor's · 27% graduate · top 3% nationally
Blackwells Mills
NJ

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Frequently Asked Questions

What are today's mortgage rates in Blackwells Mills?

As of today, the 30-year fixed mortgage rate for Blackwells Mills is approximately 6.795% (6.827% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Blackwells Mills?

The median home value in Blackwells Mills is $684k. The median monthly rent is $2,997. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Blackwells Mills?

Home values in Blackwells Mills have increased 30.2% over the past two years. This indicates a strong appreciation trend. 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 Blackwells Mills?

Based on a typical all-in ownership cost of $2,973/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $127k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Blackwells Mills is $219k/year.

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What industries drive the economy in Blackwells Mills?

The largest employment sectors in Blackwells Mills are public administration (21%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.