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Howell Township

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

Median Home$512,464
Median Rent$2,199/month
Population53,853
Leading IndustriesArts, Food & Hospitality · Healthcare · Manufacturing10% arts, food & hospitality
Home Value Growth⬆⬆+20.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners89% of occupied units
NotableHigh Incomes$132k/year · top 15% nationally
NotableHighly Educated23% hold a bachelor's degree · top 25% nationally
Howell Township
NJ

Frequently Asked Questions

What are today's mortgage rates in Howell Township?

As of today, the 30-year fixed mortgage rate for Howell Township is approximately 6.828% (6.862% 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 Howell Township?

The median home value in Howell Township is $512k. The median monthly rent is $2,199. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Howell Township?

Home values in Howell Township have increased 20.6% 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 Howell Township?

Based on a typical all-in ownership cost of $2,294/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $98k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Howell Township is $132k/year.

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What industries drive the economy in Howell Township?

The largest employment sectors in Howell Township are public administration (24%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.