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Strathmere

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

Median Home$435,300
Median Rent$1,903/month
Population133
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education18% healthcare
Home Value Growth⬆⬆⬆+28.8% over 2 years
Retirees47% of residentstop 1% nationally
Homeowners96% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableHigh Incomes$112k/year · top 11% nationally
Strathmere
NJ

Frequently Asked Questions

What are today's mortgage rates in Strathmere?

As of today, the 30-year fixed mortgage rate for Strathmere is approximately 6.836% (6.870% 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 Strathmere?

The median home value in Strathmere is $435k. The median monthly rent is $1,903. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Strathmere?

Home values in Strathmere have increased 28.8% 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 Strathmere?

Based on a typical all-in ownership cost of $1,976/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $85k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Strathmere is $112k/year.

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What industries drive the economy in Strathmere?

The largest employment sectors in Strathmere are healthcare (18%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.