How much is a home worth in ZIP code 08053?

The typical home in 08053 is worth $498,007, based on the Zillow Home Value Index.

Are home values rising in 08053?

Home values in 08053 are up 4.0% over the past year, and up 8.4% a year over five years.

What is the typical rent in 08053?

A typical home in 08053 rents for about $2,339 a month, a gross rental yield of 5.6%.

What is the property tax rate in 08053?

The effective property tax rate in 08053 is 2.2% — roughly $11,114 a year on a typical home.

ZIP code 08053 has a population of 48,179 and a median household income of $118,670.

HousingHandbookReference data

…

U.S. ZIP Code · NJ08053

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

Typical home value

$498,007^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.0%
5-year / yr: +8.4%
10-year / yr: +6.4%

Relative price

vs U.S.: +75.3%
vs metro: +24.4%
vs state: -12.6%

Price history

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

The typical home in 08053 is worth $498,007 — 24.4% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 4.0%. Homes here rent for a typical $2,339 a month — a 5.6% gross rental yield. The effective property tax rate is 2.2%.

#Rent & investment

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

Monthly rent: $2,339^[2]
Gross yield: 5.6%^[2]
Cap rate: 3.4%^[2]

#Property tax

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

Effective tax rate: 2.2%^[3]
Typical annual tax: $11,114^[3]

#Climate risk

FEMA National Risk Index ratings for Burlington 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 Moderate
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 48,179^[3]
Median household income: $118,670^[3]

#Migration

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

Net migration: +667^[5]
Moved in: 13,139
Moved out: 12,472

Schools

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

Public schools: 9
Elementary: 6
Middle: 2
High: 1

Cherokee High School
High · Grades 9–12 · Lenape Regional High School District
2,108 students
Marlton Middle
Middle · Grades 6–8 · Evesham Township School District
778 students
Frances DeMasi Middle School
Middle · Grades 6–8 · Evesham Township School District
702 students
J Harold Van Zant
Elementary · Grades K–5 · Evesham Township School District
624 students
Marlton Elementary
Elementary · Grades K–5 · Evesham Township School District
552 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 yield5.6%

Net yield (after ~40% expenses)3.4%

Annual rent$28,063

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$2,518

Loan principal$398,406

Down payment$99,601

Total interest paid$508,145

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 ratio1.65

Monthly cost to own$3,859

Monthly rent$2,339

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: 90th percentile^[1]
Rental yield: 42nd percentile^[2]
Property tax: 81st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 08053?: The typical home in 08053 is worth $498,007, based on the Zillow Home Value Index.
Are home values rising in 08053?: Home values in 08053 are up 4.0% over the past year, and up 8.4% a year over five years.
What is the typical rent in 08053?: A typical home in 08053 rents for about $2,339 a month, a gross rental yield of 5.6%.
What is the property tax rate in 08053?: The effective property tax rate in 08053 is 2.2% — roughly $11,114 a year on a typical home.
Who lives in 08053?: ZIP code 08053 has a population of 48,179 and a median household income of $118,670.

#Comparable ZIPs

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

19406 vs 08053 →
King of Prussia CDP, PA
Typical home
$497,871
Gross yield
5.1%
19465 vs 08053 →
Kenilworth CDP, PA
Typical home
$498,475
Gross yield
—
19428
Conshohocken, PA
Typical home
$498,644
Gross yield
5.9%
19525
Gilbertsville CDP, PA
Typical home
$498,722
Gross yield
—
18054
Green Lane, PA
Typical home
$499,007
Gross yield
—
08108
Westmont CDP, NJ
Typical home
$496,999
Gross yield
5.9%

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#Jump to section

U.S. ZIP Code · NJ08053

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