The salary you need to buy a home in each Hunterdon town
Buying the median home takes roughly $73,000 a year in Glen Gardner Borough and roughly $237,000 a year in Tewksbury Township.
Sale prices 2023 through 2025, all 26 municipalities. 2025 property tax rates. Median household income 2020 through 2024. Freddie Mac 30-year rate 6.69% for the week of August 6, 2026. Verified August 8, 2026.
Shading is the gross household salary the town's median home needs.
Every town, 2023 through 2025 sales
| Rank | Town | Required salary | Median sale price | Sales | Median income | Gap |
|---|---|---|---|---|---|---|
| 1 | $237,000 | $802,500 | 150 | $192,576 ±$27,321 | -$44,424 | |
| 2 | $190,000 | $602,500 | 31 | $161,169 ±$21,042 | -$28,831 | |
| 3 | $189,000 | $627,500 | 486 | $157,625 ±$8,667 | -$31,375 | |
| 4 | $187,000 | $615,750 | 100 | $160,354 ±$24,724 | -$26,646 | |
| 5 | $185,000 | $600,000 | 159 | $167,109 ±$15,240 | -$17,891 | |
| 6 | $178,000 | $595,000 | 74 | $194,219 ±$29,397 | +$16,219 | |
| 7 | $178,000 | $575,000 | 27 * | $151,250 ±$43,753 | -$26,750 † | |
| 8 | $172,000 | $565,000 | 771 | $165,174 ±$15,459 | -$6,826 † | |
| 9 | $171,000 | $560,500 | 178 | $129,936 ±$15,294 | -$41,064 | |
| 10 | $171,000 | $550,000 | 75 | $142,434 ±$23,637 | -$28,566 | |
| 11 | $166,000 | $564,000 | 81 | $152,361 ±$27,890 | -$13,639 † | |
| 12 | $164,000 | $550,000 | 77 | $109,733 ±$24,846 | -$54,267 | |
| 13 | $157,000 | $534,000 | 88 | $135,129 ±$15,558 | -$21,871 | |
| 14 | $154,000 | $463,238 | 32 | $128,194 ±$24,523 | -$25,806 | |
| 15 | $150,000 | $464,000 | 38 | $97,917 ±$31,400 | -$52,083 | |
| 16 | $148,000 | $450,000 | 27 * | $141,146 ±$18,255 | -$6,854 † | |
| 17 | $143,000 | $473,500 | 158 | $137,568 ±$18,275 | -$5,432 † | |
| 18 | $139,000 | $460,000 | 9 * | $104,000 ±$19,948 | -$35,000 | |
| 19 | $139,000 | $457,000 | 130 | $136,875 ±$7,180 | -$2,125 † | |
| 20 | $128,000 | $380,000 | 14 * | $69,978 ±$19,622 | -$58,022 | |
| 21 | $119,000 | $355,000 | 18 * | $67,222 ±$13,730 | -$51,778 | |
| 22 | $116,000 | $330,000 | 33 | $112,467 ±$30,676 | -$3,533 † | |
| 23 | $111,000 | $341,580 | 32 | $92,500 ±$31,279 | -$18,500 † | |
| 24 | $108,000 | $325,000 | 33 | $71,806 ±$19,289 | -$36,194 | |
| 25 | $105,000 | $340,000 | 70 | $110,104 ±$26,948 | +$5,104 | |
| 26 | $73,000 | $220,000 | 86 | $101,974 ±$14,681 | +$28,974 |
Ranked by required salary, highest first. Required salary is rounded to the nearest $1,000. Sales is the count of usable arm's-length residential sales the median is drawn from; an asterisk marks the 5 towns under 30 sales, where the median moves a lot on one house. Gap is the town's median household income minus the required salary; a dagger marks the 8 shortfalls smaller than the margin of error on that town's income estimate.
Where these numbers come from
The median sale price is every usable arm's-length sale of a class 2 residential property recorded in the town in the New Jersey Division of Taxation SR1A files for 2023 through 2025, which leaves out vacant land, commercial, industrial and apartment sales, pooled into one three-year window because several boroughs record fewer than fifteen sales in a single year.
The required salary assumes:
- 20% down on the median sale price
- 30-year fixed mortgage at the Freddie Mac survey rate of 6.69%, week of August 6, 2026
- Property tax at the town's own 2025 effective rate, applied to that median price
- $150 a month for homeowners insurance
- 28% front-end ratio, the share of gross income conventional underwriting allows for housing
Median household income is Census ACS 2020 through 2024 five-year table B19013, whose margin of error is shown next to every income and is why a shortfall smaller than that margin is counted separately. A three-year median is not a precise number, so every salary is rounded to the nearest $1,000.
Sources: NJ Division of Taxation SR1A sales files, Freddie Mac PMMS, NJ DCA property tax tables, Census ACS B19013
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