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Upper Township

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

Median Home$288,083
Median Rent$1,334/month
Population19,945
Leading IndustriesManufacturing · Professional Services · Public Administration1% manufacturing
Home Value Growth⬆⬆⬆+23.1% over 2 years
Retirees22% of residentsslightly above average
Homeowners89% of occupied units
NotableHigh Incomes$91k/year · top 23% nationally
Upper Township
NJ

Frequently Asked Questions

What are today's mortgage rates in Upper Township?

As of today, the 30-year fixed mortgage rate for Upper Township is approximately 6.899% (6.935% 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 Upper Township?

The median home value in Upper Township is $288k. The median monthly rent is $1,334. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Upper Township?

Home values in Upper Township have increased 23.1% 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 Upper Township?

Based on a typical all-in ownership cost of $1,437/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Upper Township is $91k/year.

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What industries drive the economy in Upper Township?

The largest employment sectors in Upper Township are public administration (26%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.