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These days, finding an affordable place to live in the Gibbsboro area can be challenging. Home prices in Gibbsboro are now at a median cost of $324,980, lower than the New Jersey average of $496,577.
The average cost of rent is $1,594/mo in Gibbsboro, primarily driven by the current value of real estate in the Gibbsboro area. In Gibbsboro, 18.35% of households rent, and 41.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gibbsboro is $8,606 per month. Households that rent pay about 18.52% of their income on rent here. Gibbsboro’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lindenwold, NJ: less expensive homes
- Echelon, NJ: equally priced homes
- Voorhees, NJ: higher priced homes
- Laurel Springs, NJ: less expensive homes
- Stratford, NJ: less expensive homes
- Magnolia, NJ: less expensive homes
- Clementon, NJ: less expensive homes
- Hi-Nella, NJ: less expensive homes
- Springdale, NJ: higher priced homes
- West Berlin, NJ: higher priced homes
Cities with Similar Populations
- Loreauville, LA: less expensive homes
- Woodleaf, NC: less expensive homes
- Wagner, SD: less expensive homes
- Venersborg, WA: higher priced homes
- Taylor Springs, IL: less expensive homes
- Sylvan Lake, MI: higher priced homes
- Sturgeon, MO: less expensive homes
- Sarcoxie, MO: less expensive homes
- New Chicago, IN: less expensive homes
- Marengo, IN: less expensive homes
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