Quick facts: Hammonton, NJ

Quick Facts

112.9
Cost of Living
above US average
14,833
Population
9.98
Crime Rate per 1000
below US average
$79,747
Median Income
below US average
$392,240
Median House Price
above US average
$2216.25
Average Rent
above US average
10%
Poverty Rate
below US average
5.0%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $79,747.

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Income Needed to Buy

βœ— Stretch
$123k/year
Based on $392,240 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $123k vs median $79,747
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Income Needed to Rent

⚠ Stretch
$95k/year
Based on $2216.25/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $95k vs median $79,747
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hammonton, NJ

Hammonton, New Jersey, is a charming small town located in Atlantic County. Known as the "Blueberry Capital of the World," it cultivates a significant blueberry industry, attracting visitors to its annual Blueberry Festival. The town is steeped in history, established in the late 19th century, and features several historic buildings and a quaint downtown area. Hammonton's rich agricultural roots are complemented by the scenic Pine Barrens, offering outdoor enthusiasts opportunities for hiking, bird-watching, and exploring nature trails. Its location provides convenient access to larger cities like Atlantic City, just a short drive away, while still maintaining a close-knit community vibe. The town is also home to several local parks, schools, and dining options. Residents and visitors enjoy recreational activities at places like Hammonton Lake Park, which features picnic areas, walking trails, and a playground. With its blend of small-town charm, rich agricultural heritage, and proximity to larger urban centers, Hammonton is a delightful destination for both living and visiting.

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