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Burlington County, NJ

Evesham

RANK #638 / 996 NAT  ·  #14 / 21 NJ  ·  POP 461,853

1YR FORECAST: +1.9%

5YR OUTLOOK: +20%

Burlington County's housing market is projected to grow +1.9% over the next year, below the national average.

[01] Why Burlington County?

Moorestown, a notable town within Burlington County, New Jersey, stands out for its historic charm, tree-lined streets, and highly-rated public schools. Located in South Jersey, the county borders the Delaware River and extends towards the Pine Barrens, offering a mix of suburban and natural landscapes. Commute times to Philadelphia typically range from 20 to 45 minutes, with public bus and regional rail services available. The community offers a blend of historic sites, such as Historic Smithville Park, and extensive outdoor recreation opportunities, including numerous county and state parks with hiking, biking, and water access.

Life in Burlington County often appeals to families and those seeking a balance between suburban tranquility and access to urban amenities. The county's public schools are generally above average, with districts like Moorestown Township Public School District receiving high ratings. The economy is diverse, with steady employment in sectors such as healthcare, education, and logistics. Recent economic developments include efforts to revitalize historic towns through initiatives like Urban Enterprise Zones, aiming to attract new businesses and create job opportunities.

[02] Market Snapshot

Housing Ratio
4.3x

Below national median (4.7x)

GDP Growth
+2.0%

Below national median

Home Prices
+2.7%

Outpacing national median

Climate & Terrain
-1.3

Below-average climate & terrain

Price/Rent
12x

Strong rental yield

Housing is fairly valued at 4.3x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Joint Base McGuire-Dix-Lakehurst (MDL) Military
    5,000+
  2. 2
    Lockheed Martin Manufacturing
  3. 3
    Virtua Health Healthcare
    1,000+
  4. 4
    TD Bank Finance
  5. 5
    Amazon Logistics
    500+
  6. 6
    Holman Other
    250+
  7. 7
    Burlington Stores Retail
  8. 8
    CVS Distribution Logistics
  9. 9
    Deborah Heart & Lung Center Healthcare
  10. 10
    Walmart Retail

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Burlington County U.S. National

The Numbers

DEMOGRAPHICS
Population
461,853
+0.38% YoY
Median Household Income
$102,615
Median Home Value
$304,600
+2.74% 12mo
Median Rent
$1,575
Average Annual Pay
$70,647
+1.8% YoY
Employment
211,549
+1.8% YoY
Income-to-Home-Value
0.3369
More affordable than average
Migration Inflow
3.57%
of pop. from another state
Bachelor's Degree+
41.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$373,000
Days on Market
47
Moderate pace
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
99.8%
Near asking price
Sold Above List
41.0%
Listings w/ Price Drops
19.4%
Building Permits (2024)
2,154
Single-Family Permits
1,063

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.5
per 100K · nat avg 6.3
Firearm Fatalities
5.9
per 100K · nat avg 14.8
Injury Deaths
73.4
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$1,430M
TOTAL
PROJECT AMOUNT STATUS
PSEG Electric Substations (8 new)
PSEG
$500M Planned
Virtua Health System Projects
Virtua Health
$400M Under Construction
Burlington County Connect Broadband Initiative
Burlington County
$260M Proposed
NJ Department of Transportation Projects
NJDOT
$120M Planned
Amazon Fulfillment Center
Amazon
$100M Operating
Burlington County Resource Recovery Complex RNG Facility
South Jersey Industries & Opal Fuels
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

GDP Growth +2.0% 34 percentile
Population Growth +0.4% 46 percentile
Income Growth +7.0% 17 percentile
Vacancy Rate 0.9% 60 percentile
Home Price Change +2.7% 69 percentile
Rent Growth +1.1% 20 percentile
Price/Rent 12x 74 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Burlington County, NJ a good place to move to?

At 35/100, Burlington County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $102,615 combined with job growth of +1.8% suggests the local economy is struggling to keep pace with national trends.

Is Burlington County affordable?

Housing in Burlington County is roughly in line with national affordability norms. The median home costs $304,600 and the income-to-home-value ratio sits at 0.34, with rents averaging $1,575/month. Not a bargain, but not a stretch for most local earners either.

Is Burlington County growing or shrinking?

Employers in Burlington County are hiring — job growth of +1.8% — but the population is close to flat (+0.4% YoY). Home values moved +2.7% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Burlington County?

There's a moderate stream of newcomers. About 3.57% of residents moved from another state, which is above average and suggests Burlington County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Warren County, NJ 35 Monmouth County, NJ 36 Mercer County, NJ 30 Somerset County, NJ 28 Essex County, NJ 43 Cumberland County, NJ 44 St. Lucie County, FL 35 Smith County, TX 35