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Mullica Township

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

Median Home$295,600
Median Rent$1,125/month
Population5,832
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining10% wholesale trade
Home Value Growth+2.4% over 2 years
Retirees21% of residentsslightly above average
Homeowners92% of occupied units
NotableAffordable Market$296k median home · lower cost than 66% of the country
Mullica Township
NJ

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Mullica Township?

As of today, the 30-year fixed mortgage rate for Mullica Township is approximately 6.932% (6.969% 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 Township?

The median home value in Mullica Township is $296k. The median monthly rent is $1,125. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mullica Township?

Home values in Mullica Township have increased 2.4% over the past two years. The market has been relatively stable. 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 Township?

Based on a typical all-in ownership cost of $1,709/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mullica Township is $93k/year.

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What industries drive the economy in Mullica Township?

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