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Wallington

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

Median Home$525,833
Median Rent$1,691/month
Population11,889
Leading IndustriesFinance & Insurance · Wholesale Trade · Information & Media8% finance & insurance
Home Value Growth⬆⬆+13.6% over 2 years
Young Adults33% of residentswell above average
Renters62% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
NotableAmenity Score68/100 · highly walkable area
Wallington
NJ

Frequently Asked Questions

What are today's mortgage rates in Wallington?

As of today, the 30-year fixed mortgage rate for Wallington is approximately 6.824% (6.857% 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 Wallington?

The median home value in Wallington is $526k. The median monthly rent is $1,691. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wallington?

Home values in Wallington have increased 13.6% 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 Wallington?

Based on a typical all-in ownership cost of $1,641/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 Wallington is $82k/year.

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What industries drive the economy in Wallington?

The largest employment sectors in Wallington are public administration (21%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.