Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Washington Township

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

Median Home$264,862
Median Rent$1,439/month
Population156,011
Leading IndustriesTransportation · Professional Services · Healthcare3% transportation
Home Value Growth⬆⬆+18.2% over 2 years
Young Adults29% of residentsslightly above average
Homeowners74% of occupied units
NotableHigh Incomes$92k/year · top 22% nationally
Washington Township
NJ

Explore Washington Township

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Washington Township?

As of today, the 30-year fixed mortgage rate for Washington Township is approximately 6.976% (7.015% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Washington Township
What is the median home price in Washington Township?

The median home value in Washington Township is $265k. The median monthly rent is $1,439. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Washington Township?

Home values in Washington Township have increased 18.2% 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 Washington Township?

Based on a typical all-in ownership cost of $1,532/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Washington Township is $92k/year.

Calculate your buying power
What industries drive the economy in Washington Township?

The largest employment sectors in Washington Township are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.