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Rossmoor

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

Median Home$195,700
Median Rent$2,092/month
Population3,283
Leading IndustriesEducation · Public Administration · Professional Services6% education
Home Value Growth⬆⬆+20.7% over 2 years
Retirees81% of residentstop 1% nationally
Homeowners84% of occupied units
Rossmoor
NJ

Frequently Asked Questions

What are today's mortgage rates in Rossmoor?

As of today, the 30-year fixed mortgage rate for Rossmoor is approximately 7.005% (7.045% 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 Rossmoor?

The median home value in Rossmoor is $196k. The median monthly rent is $2,092. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rossmoor?

Home values in Rossmoor have increased 20.7% 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 Rossmoor?

Based on a typical all-in ownership cost of $1,230/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rossmoor is $61k/year.

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What industries drive the economy in Rossmoor?

The largest employment sectors in Rossmoor are public administration (31%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.