Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Hammonton

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

Median Home$345,075
Median Rent$1,563/month
Population14,840
Leading IndustriesPublic Administration · Information & Media27% public administration
Home Value Growth⬆⬆⬆+26.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners71% of occupied units
NotableAmenity Score80/100 · highly walkable area
NotableTransit89/100 · excellent transit access
Hammonton
NJ

Frequently Asked Questions

What are today's mortgage rates in Hammonton?

As of today, the 30-year fixed mortgage rate for Hammonton is approximately 6.883% (6.919% 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 Hammonton
What is the median home price in Hammonton?

The median home value in Hammonton is $345k. The median monthly rent is $1,563. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hammonton?

Home values in Hammonton have increased 26.9% 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 Hammonton?

Based on a typical all-in ownership cost of $1,647/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hammonton is $80k/year.

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

The largest employment sectors in Hammonton are public administration (27%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.