Home Insurance in Burlington County, New Jersey
The median home value in Burlington County is $354,000, 22% lower than the New Jersey median.
The typical home in Burlington County was built around 1977. About 24% of homes were built before 1960, about 13 points below New Jersey's 38%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Burlington County breaks down to 79% single-family homes, 15% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Burlington County, about 66% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 5%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 76% of occupied homes in Burlington County are owner-occupied.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. 70% of homes in Burlington County are primarily heated with natural gas.
The top hazards for Burlington County, per FEMA's National Risk Index, are strong wind (Very High), winter weather (Very High) and inland flooding (Relatively High).
As of September 2026, Burlington County has 3,127 active NFIP flood insurance policies. Standard homeowners insurance does not cover flood damage, so flood coverage needs a separate NFIP or private flood policy.
The statewide average premium for a standard HO-3 homeowners policy in New Jersey is $1,551 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $354,000 |
|---|---|
| Median year built | 1977 |
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 66% |
| Top hazards (FEMA National Risk Index) | Strong Wind (Very High), Winter Weather (Very High), Inland Flooding (Relatively High) |
| Active NFIP flood policies (county) | 3,127 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Towns and cities
Smaller communities
-
Fieldsboro
- Median home value: $350,000
- Median year built: 1958
- Owner-occupied share: 84%
-
Medford Lakes
- Median home value: $402,900
- Median year built: 1960
- Owner-occupied share: 90%
Sources
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)