StateRates

Gloucester County, New Jersey property tax

The median homeowner in Gloucester County, New Jersey pays $7,964 a year in property tax on a home worth $283,500, an effective rate of 2.81%. The national effective rate is 0.98%.

Effective rate 2.81% #3 of 21 in New Jersey
Median tax bill $7,964 per year
Median home value $283,500 owner-occupied
Median income $102,807 household

What the rate means here

At 2.81%, Gloucester County taxes property more heavily than the country as a whole, which sits at 0.98%. A high rate applied to a home worth $283,500 is what makes the bill $7,964. Counties in this position usually fund schools locally and have little commercial or industrial base to spread the burden across.

Inside New Jersey it is one of the most heavily taxed counties there is, ranking #3 of 21, against a statewide 2.23%. At the other end of the same state, Cape May County charges 1.32%. A spread that wide inside one state is normal, because school districts, not states, set most of the levy.

The median home costs 2.76 times the median household income of $102,807, against 3.86 nationally, which is a comfortable ratio by American standards. 79.43% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. At 304,504 residents the county is large enough that its median blends several distinct housing markets.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $7,025 per year at 2.81%
$400,000 home $11,240 per year at 2.81%
$600,000 home $16,860 per year at 2.81%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Gloucester County, New Jersey against New Jersey and the country
Gloucester County New Jersey United States
Effective property tax 2.81% 2.23% 0.98%
Median tax bill $7,964 $9,541 $2,969
Median home value $283,500 $427,600 $303,400
Median gross rent $1,480 $1,653 $1,348
Median household income $102,807 $101,050 $78,538
Home price to income 2.76× 4.23× 3.86×
Rent as share of income 17.28% 19.63% 20.6%
Owner-occupied 79.43% 63.69% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 304,504.

Nearby counties of similar size

Other New Jersey counties
County Rate Median bill Home value
Atlantic County 2.47% $6,749 $272,700
Somerset County 1.91% $10,001 $523,900
Mercer County 2.51% $8,804 $351,000
Cumberland County 2.46% $5,048 $205,600
Sussex County 2.47% $8,462 $342,800

Gloucester County property tax: common questions

What is the property tax rate in Gloucester County, New Jersey?

The effective rate is 2.81% of home value, from a median tax bill of $7,964 against a median home value of $283,500. That is 1.83 points above the national 0.98%.

How much is property tax on a $400,000 home in Gloucester County?

Roughly $11,240 a year at the county effective rate of 2.81%.

Is Gloucester County expensive compared with the rest of New Jersey?

It ranks #3 of 21 New Jersey counties by effective property tax rate, and #5 of 2,826 nationally. That is 0.58 points above the New Jersey average of 2.23%.

What does housing cost in Gloucester County?

The median home is worth $283,500 and median gross rent is $1,480 a month. Median household income is $102,807, which puts the home at 2.76 times annual income and rent at 17.28% of it.