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Burlington County, NJ

RANK #817 / 1001 NAT  ·  #19 / 21 NJ  ·  POP 467,805

1YR FORECAST: +1.4%

5YR OUTLOOK: +23%

Our model projects Burlington County's housing market at +1.4% over the next year, underperforming most U.S. counties.

[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.

MARKET PROFILE

Educated Suburban Growth

Burlington County is one of 110 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +2.6% matches the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
10.5x

Overvalued relative to economy

Home Prices
+2.6%

Outpacing national median

Climate & Terrain
-1.3

Below-average climate & terrain

Price/Rent
14x

Below national median (15x)

Housing looks overvalued at 10.5x — home prices are high 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

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
467,805
+0.77% YoY
Median Household Income
$108,111
Median Home Value
$354,000
+2.61% 12mo
Median Rent
$1,745
Average Annual Pay
$73,327
+3.8% YoY
Employment
214,189
+1.2% YoY
Income-to-Home-Value
0.3054
More affordable than average
Migration Inflow
3.48%
of pop. from another state
Bachelor's Degree+
42.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$390,000
Days on Market
30
Active market
Months of Supply
2.7
Seller's market
Sale-to-List Ratio
101.1%
Homes selling above asking
Sold Above List
49.5%
Listings w/ Price Drops
23.4%
Building Permits (2025)
1,624
Single-Family Permits
946

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

Population Growth +0.8% 57 percentile
Income Growth +2.7% 48 percentile
Vacancy Rate 0.8% 72 percentile
Home Price Change +2.6% 63 percentile
Rent Growth +2.1% 36 percentile
Price/Rent 14x 69 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

The data is not encouraging — Burlington County scores just 18/100 on the Boom Town Index, ranking #817 of 1001 counties. Job growth at +1.2% and median household income of $108,111 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Burlington County affordable?

Housing in Burlington County is roughly in line with national affordability norms. The median home costs $354,000 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,745/month. Not a bargain, but not a stretch for most local earners either.

Is Burlington County growing or shrinking?

Burlington County is growing on multiple fronts. Population is up +0.8% year-over-year while employers added jobs at a +1.2% clip. Home values shifted +2.6% in the past year.

Are people moving to Burlington County?

There's a moderate stream of newcomers. About 3.48% 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

Hunterdon County, NJ 19 Union County, NJ 17 Middlesex County, NJ 21 Morris County, NJ 21 Somerset County, NJ 14 Essex County, NJ 24 Davis County, UT 18 Anne Arundel County, MD 18