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Mullica Hill

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

Median Home$511,099
Median Rent$1,099/month
Population4,738
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services11% arts, food & hospitality
Home Value Growth⬆⬆⬆+28.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners91% of occupied units
NotableHigh Incomes$169k/year · top 2% nationally
NotableHighly Educated33% bachelor's · 12% graduate · top 5% nationally
Mullica Hill
NJ

Frequently Asked Questions

What are today's mortgage rates in Mullica Hill?

As of today, the 30-year fixed mortgage rate for Mullica Hill is approximately 6.845% (6.879% 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 Mullica Hill?

The median home value in Mullica Hill is $511k. The median monthly rent is $1,099. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mullica Hill?

Home values in Mullica Hill have increased 28.6% 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 Mullica Hill?

Based on a typical all-in ownership cost of $2,813/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $121k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mullica Hill is $169k/year.

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What industries drive the economy in Mullica Hill?

The largest employment sectors in Mullica Hill are public administration (26%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.