HousingHandbookReference data

U.S. ZIP Code · NJ08518

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

Typical home value

$342,027[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.9%
5-year / yr
+7.7%
10-year / yr
+6.6%

Relative price

vs U.S.
+20.4%
vs metro
-14.5%
vs state
-39.9%
ZIP 08518 location in NJ
Location of ZIP 08518 in NJ

Price history

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

The typical home in 08518 is worth $342,027 — 14.5% below the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 3.9%. Homes here rent for a typical $2,000 a month — a 7.0% gross rental yield. The effective property tax rate is 2.1%.

#Rent & investment

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

Monthly rent
$2,000[2]
Gross yield
7.0%[2]
Cap rate
4.2%[2]

#Property tax

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

Effective tax rate
2.1%[3]
Typical annual tax
$7,093[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
6,508[3]
Median household income
$97,045[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
1
Elementary
0
Middle
1
High
0
  • Florence Riverfront School

    Middle · Grades 4–8 · Florence Township School District

    619 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.

Gross yield7.0%
Net yield (after ~40% expenses)4.2%
Annual rent$24,000

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.

Monthly payment$1,729
Loan principal$273,621
Down payment$68,405
Total interest paid$348,989

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.

Own : rent ratio1.30
Monthly cost to own$2,604
Monthly rent$2,000

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
83rd percentile[1]
Rental yield
71st percentile[2]
Property tax
75th percentile[3]

Frequently asked

How much is a home worth in ZIP code 08518?
The typical home in 08518 is worth $342,027, based on the Zillow Home Value Index.
Are home values rising in 08518?
Home values in 08518 are up 3.9% over the past year, and up 7.7% a year over five years.
What is the typical rent in 08518?
A typical home in 08518 rents for about $2,000 a month, a gross rental yield of 7.0%.
What is the property tax rate in 08518?
The effective property tax rate in 08518 is 2.1% — roughly $7,093 a year on a typical home.
Who lives in 08518?
ZIP code 08518 has a population of 6,508 and a median household income of $97,045.

#Comparable ZIPs

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

  • Bristol, PA

    Typical home
    $341,033
    Gross yield
  • Oaklyn, NJ

    Typical home
    $344,987
    Gross yield
    5.2%
  • Stratford, NJ

    Typical home
    $345,384
    Gross yield
  • Olivet CDP, NJ

    Typical home
    $345,580
    Gross yield
  • Woodbury, NJ

    Typical home
    $347,268
    Gross yield
    6.7%
  • Charlestown, MD

    Typical home
    $336,175
    Gross yield

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