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Oaklyn

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

Median Home$277,450
Median Rent$1,630/month
Population3,947
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare3% professional services
Home Value Growth⬆⬆+15.7% over 2 years
Young Adults33% of residentswell above average
Homeowners65% of occupied units
NotableHighly Educated25% bachelor's · 12% graduate · top 18% nationally
NotableHigh Incomes$93k/year · top 22% nationally
Oaklyn
NJ

Frequently Asked Questions

What are today's mortgage rates in Oaklyn?

As of today, the 30-year fixed mortgage rate for Oaklyn is approximately 6.967% (7.006% 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 Oaklyn?

The median home value in Oaklyn is $277k. The median monthly rent is $1,630. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oaklyn?

Home values in Oaklyn have increased 15.7% 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 Oaklyn?

Based on a typical all-in ownership cost of $1,630/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oaklyn is $93k/year.

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What industries drive the economy in Oaklyn?

The largest employment sectors in Oaklyn are public administration (26%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.