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City · 8,856 residents · Gloucester County, New Jersey

Pitman , New Jersey

In Pitman, a typical home is worth $279,300 and typical rent is $1,521 a month. Compared with all of Gloucester County, the typical home value is 10% lower, typical household income is 6% lower, and the share of households that own their home is 7 points lower.

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  • Typical home value

    $279,300

    10% below the county

    39% below New Jersey

    • Pitman
    • Gloucester
    • New Jersey

  • Typical rent

    $1,521a month

    About the same as the county

    12% below New Jersey

    • Pitman
    • Gloucester
    • New Jersey

  • Typical household income

    $98,489a year

    6% below the county

    5% below New Jersey

    • Pitman
    • Gloucester
    • New Jersey

  • Households that own their home

    74%

    7 points below the county

    10 points above New Jersey

    • Pitman
    • Gloucester
    • New Jersey

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$360,723
4.7% more than 12 months ago
Typical rent
$2,030 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Pitman is in Gloucester County. The FHA loan limit ($630,200 for a one-unit home), the fair market rents and the help on this page are those of all of Gloucester County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Pitman apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Woodbury, the typical rent is $990: 35% less than in Pitman ($1,521).

  2. Nearby, in Woodbury, the typical home value is $222,700: 20% less than in Pitman ($279,300).

  3. 74% of households in Pitman own their home, against 80% in Gloucester County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Pitman

What homes there are in Pitman, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is the most common home in Pitman: 71% of homes, near the figure in Gloucester County (73%).

Year built

Homes in Pitman are smaller: 55% have 3 bedrooms or more; in Gloucester County, 70%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,066 a month

Gloucester County: $2,330 a month

Without a mortgage

$1,261 a month

Gloucester County: $1,066 a month

Owners with a mortgage

72%

Gloucester County: 68%

In Pitman, 72% of owners have a mortgage, and their typical cost is $2,066 a month, against $2,330 in Gloucester County. Without one it drops to $1,261.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Pitman rose 51%; in Gloucester County, it rose 41%.

The typical rent in Pitman rose 26% since 2015–2019, about the same as in Gloucester County (25%).

To compare: typical income in Pitman rose 30%; the home, +51%; the rent, +26%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePitmanGloucester CountyNew JerseyUnited States
Rental vacancy Unreliable estimate3.9%3.5%5.5%
Homeowner vacancy Unreliable estimate0.5%0.7%0.9%
More than one person per room Unreliable estimate1.5%4.0%3.4%
People per household 2.392.672.622.53
Drive alone 77%75%62%69%
Carpool 5%6%8%9%
Public transit Unreliable estimate1%8%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 16%15%17%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Pitman has 2.39 people, fewer than in Gloucester County (2.67).

To get to work, 77% of workers in Pitman drive alone; in Gloucester County, 75%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Pitman?

A typical home is tight for the typical income

We start with a typical home in Pitman, worth $279,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Pitman, which is $98,489 a year. For that payment to be 28% of income, a household would need to earn about $119,328 a year.

The calculator's FHA and conventional loan limits are those of all of Gloucester County.

Your numbers

Local data
$

Starts at the typical home value in Pitman. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $9,776 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,784

at 7.18% · 30 years

Loan amount
$274,241
Total interest
$394,568
Paid off in
November 2056

Includes $4,717 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,298 a month

  • Tight

    $2,298 to $2,955 a month

    Your payment · 34%

  • Hard

    more than $2,955 a month

Compared with the typical household income in Pitman ($98,489 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,784
Principal & interest$1,858
Property tax$687
Home insurance$116
FHA mortgage insurance (MIP)$124

You need at least $9,776 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Pitman and Gloucester County

Pitman is in Gloucester County, New Jersey. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Pitman's own numbers

Typical home value
$279,300
Typical monthly rent
$1,521
Typical yearly household income
$98,489
Households that own their home
74%
Effective property tax rate
2.95%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Gloucester County

FHA limit, one-unit home
$630,200
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,860
Price change over 5 years (FHFA)
+73%
Homes in a high flood-risk zone
1.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Gloucester County.

Everything about Gloucester County

Buying

Buying a home in Pitman

A typical home in Pitman is worth $279,300: 10% below the county and 39% below New Jersey. With the typical household income in Pitman ($98,489 a year), a typical home costs 2.8 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Pitman 2.8 years
  • Gloucester 3.0 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Gloucester County

According to FHFA’s house price index, home prices in Gloucester County rose 96% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Gloucester County.

Period County New Jersey U.S.
Last year (2025) +5.2% +6.2% +2.9%
5 years (2020–2025) +73% +63% +47%
10 years (2015–2025) +96% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Pitman next to Gloucester County, New Jersey and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Pitman $279,300
  • Gloucester $310,400
  • New Jersey $454,400
  • United States $332,700
Typical monthly rent
  • Pitman $1,521
  • Gloucester $1,531
  • New Jersey $1,720
  • United States $1,413
Typical yearly household income
  • Pitman $98,489
  • Gloucester $105,115
  • New Jersey $103,556
  • United States $80,734
See the full table
Pitman next to Gloucester County and New Jersey
Measure Pitman Gloucester County New Jersey U.S.
Typical home value $279,300 $310,400 $454,400 $332,700
Typical monthly rent $1,521 $1,531 $1,720 $1,413
Typical yearly household income $98,489 $105,115 $103,556 $80,734
Households that own their home 74% 80% 64% 65%
Typical yearly property tax $8,231 $8,055 $9,590 $3,119
Effective property tax rate 2.95% 2.6% 2.11% 0.94%
Renters with high rent for their income 59% 55% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Gloucester County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Pitman

For a typical $279,300 home in Pitman, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Pitman's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,784a month

    Least cash to close
    Down payment
    $9,776
    Cash to close
    $18,155
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $124

  • Conventional, 5% down $2,733a month

    Down payment
    $13,965
    Cash to close
    $22,344
    Rate
    7.18%
    Mortgage insurance
    PMI · $133

  • Conventional, 20% down, no PMI $2,317a month

    Down payment
    $55,860
    Cash to close
    $64,239
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,575a month

    Down payment
    $41,895
    Cash to close
    $50,274
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Pitman and for Gloucester County.

Property tax

Effective rate in Pitman

2.95%of the home’s value each year

$8,231 a year for the typical owner in Pitman.

  • Pitman 2.95%
  • Gloucester 2.6%
  • New Jersey 2.11%

What New Jersey publishes ANCHOR, Senior Freeze and Stay NJ: one combined application (New Jersey Division of Taxation)

Exemptions and deadlines in New Jersey

Flood risk in Gloucester County

FEMA does not publish these numbers by city: they are for all of Gloucester County.

Homes in the high-risk zone
1.3%
1,148
Of those, with NFIP insurance
50%
County New Jersey U.S.
Homes in the high-risk zone 1.3% 6.7% 3.5%
Of those, with NFIP insurance 50% 63% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Pitman

Typical rent in Pitman is $1,521 a month: about the same as the county. In Pitman, 59% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Gloucester County, by unit size. To pay the 2-bedroom one ($1,860 a month) without spending more than 30% of your income, you would need to earn $35.77 an hour working full time.

HUD fair market rent for all of Gloucester County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,438 $27.65 $57,520
1 bedroom $1,558 $29.96 $62,320
2 bedrooms $1,860 $35.77 $74,400
3 bedrooms $2,216 $42.62 $88,640
4 bedrooms $2,445 $47.02 $97,800

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Pitman

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Pitman is in ZIP code 08071.

For 2 bedrooms it is $1,870: $10 more than the fair market rent for Gloucester County ($1,860).

  • 08071 $1,870$2,230

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Pitman when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Pitman

HUD lists one building with rents for lower incomes in Pitman.

  • 204-1 scattered sites 1 Walnut Ave, Pitman 08071 62 low-income homes · Run by Gloucester County Housing Authority · Average payment: $1,051 a month · Homes at several sites (856) 845-4959

See all 55 buildings in Gloucester County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Pitman

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Gloucester County; none says it serves in Spanish.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Pitman

No down payment, repair or rent-help program on our list is for Pitman or Gloucester County. The ones below are statewide in New Jersey: they work in Pitman the same as in the rest of the state.

Which programs do I qualify for? All programs in New Jersey

Housing counselors near Pitman

The HUD-approved agencies closest to the center of Pitman, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Financial Wellness Institute Inc

    3 S Broad St, Woodbury · 7 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 6 more
    (856) 251-0311

  • Parkside Business and Community in Partnership, Inc.

    1487 Kenwood Avenue, Camden · 14 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 3 more
    856-964-0440-15

  • Neighborhood Housing Services of Camden, Inc

    601-603 Clinton Street, Camden · 14 miles away · Spanish

    Also serves in Vietnamese.

    • Budget and financial counseling
    • Fair housing pre-purchase workshops
    • and 5 more
    (856) 541-0720

Every agency in Gloucester County All counseling agencies in New Jersey

Help in Spanish near Pitman

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Pitman

HUD’s record names them for Pitman or Gloucester County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Gloucester County Housing Authority Public housing and Section 8 vouchers (856) 845-4959

One other authority has an office in Gloucester County: see the list Source: HUD

Cities

Other cities in Gloucester County

These cities are also in Gloucester County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Gloucester County Housing in New Jersey

Nearby cities

The cities closest to Pitman, with the typical home value.

Neighboring counties

If Gloucester County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Pitman.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Pitman

Short answers with the numbers for Pitman and all of Gloucester County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Pitman?

The typical home value in Pitman is $279,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Gloucester County it is $310,400.

How much does it cost to rent in Pitman?

Typical rent in Pitman is $1,521 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Gloucester County is $1,860.

What is the FHA loan limit in Pitman?

Pitman uses the FHA limit for all of Gloucester County (2026): $630,200 for a one-unit home and $1,211,950 for a four-unit home.

How much property tax do owners pay in Pitman?

The typical homeowner in Pitman pays $8,231 a year, according to the U.S. Census Bureau. That is 2.95% of the home’s value; in Gloucester County, the rate is 2.6%.

Where can I find free help to buy or rent in Pitman?

There is 1 HUD-approved counseling agency with an office in Gloucester County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).