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Swedesboro

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

Median Home$255,900
Median Rent$1,606/month
Population2,733
Leading IndustriesFinance & Insurance · Information & Media · Transportation16% finance & insurance
Home Value Growth⬆⬆⬆+30.9% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners61% of occupied units
NotableAmenity Score69/100 · highly walkable area
NotableHigh Incomes$89k/year · top 26% nationally
Swedesboro
NJ

Frequently Asked Questions

What are today's mortgage rates in Swedesboro?

As of today, the 30-year fixed mortgage rate for Swedesboro is approximately 6.961% (6.999% 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 Swedesboro?

The median home value in Swedesboro is $256k. The median monthly rent is $1,606. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Swedesboro?

Home values in Swedesboro have increased 30.9% 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 Swedesboro?

Based on a typical all-in ownership cost of $1,805/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $77k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Swedesboro is $89k/year.

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What industries drive the economy in Swedesboro?

The largest employment sectors in Swedesboro are public administration (20%) and information and media (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.