How much is a home worth in ZIP code 08031?

The typical home in 08031 is worth $312,513, based on the Zillow Home Value Index.

Are home values rising in 08031?

Home values in 08031 are up 1.3% over the past year, and up 7.9% a year over five years.

What is the typical rent in 08031?

A typical home in 08031 rents for about $1,605 a month, a gross rental yield of 6.2%.

What is the property tax rate in 08031?

The effective property tax rate in 08031 is 2.8% — roughly $8,596 a year on a typical home.

ZIP code 08031 has a population of 11,737 and a median household income of $76,654.

HousingHandbookReference data

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U.S. ZIP Code · NJ08031

Camden County · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Typical home value

$312,513^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.3%
5-year / yr: +7.9%
10-year / yr: +7.4%

Relative price

vs U.S.: +10.0%
vs metro: -21.9%
vs state: -45.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 08031 is worth $312,513 — 21.9% below the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 1.3%. Homes here rent for a typical $1,605 a month — a 6.2% gross rental yield. The effective property tax rate is 2.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,605^[2]
Gross yield: 6.2%^[2]
Cap rate: 3.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.8%^[3]
Typical annual tax: $8,596^[3]

#Climate risk

FEMA National Risk Index ratings for Camden County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Moderate
Wildfire: Relatively Low
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 11,737^[3]
Median household income: $76,654^[3]

#Migration

Household moves in and out of Camden County over a year, from IRS tax-return data.

Net migration: -190^[5]
Moved in: 12,629
Moved out: 12,819

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 3
Elementary: 2
Middle: 1
High: 0

Bellmawr Park Elementary School
Elementary · Grades PK–4 · Bellmawr Public School District
483 students
Bell Oaks Upper Elementary School
Middle · Grades 5–8 · Bellmawr Public School District
454 students
Ethel M Burke Elementary School
Elementary · Grades K–4 · Bellmawr Public School District
233 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.2%

Net yield (after ~40% expenses)3.7%

Annual rent$19,257

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,580

Loan principal$250,011

Down payment$62,503

Total interest paid$318,875

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.59

Monthly cost to own$2,557

Monthly rent$1,605

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 85th percentile^[1]
Rental yield: 57th percentile^[2]
Property tax: 97th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 08031?: The typical home in 08031 is worth $312,513, based on the Zillow Home Value Index.
Are home values rising in 08031?: Home values in 08031 are up 1.3% over the past year, and up 7.9% a year over five years.
What is the typical rent in 08031?: A typical home in 08031 rents for about $1,605 a month, a gross rental yield of 6.2%.
What is the property tax rate in 08031?: The effective property tax rate in 08031 is 2.8% — roughly $8,596 a year on a typical home.
Who lives in 08031?: ZIP code 08031 has a population of 11,737 and a median household income of $76,654.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

08065 vs 08031 →
Palmyra, NJ
Typical home
$312,957
Gross yield
—
19107 vs 08031 →
Philadelphia, PA
Typical home
$313,353
Gross yield
7.7%
19078
Ridley Park, PA
Typical home
$313,465
Gross yield
—
19713
Brookside CDP, DE
Typical home
$314,480
Gross yield
7.0%
19464
Pottstown, PA
Typical home
$309,828
Gross yield
6.4%
08059
Mount Ephraim, NJ
Typical home
$316,087
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ08031

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