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Pitman borough, NJ

ZIP 08071 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 08071

Median Home Value
$258,400
Median Rent
$1,322
Affordability Snapshot
$71,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,660/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 08071 in Pitman borough, NJ, a household would need roughly $71,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,660. That sits below the local median household income ($97,222), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
74.0%+13% vs US avg
x
Vacancy Rate
5.7%-44% vs US avg
x
Broadband Access
93.4%+7% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
8.9%-31% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
15.1%-70% vs US avg
x
Mortgage-Free
28.2%-26% vs US avg
x
$258,400
Home Value
$1,322
Rent
1947
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached74.0%
  • 1-unit attached3.0%
  • 2-9 units14.5%
  • 10+ units7.6%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$258,400
Median rent$1,322
Owner-occupied74.0%
Vacant5.7%
Price-to-income2.7x
Est. income to buy$71,000