Cost of Living in Blackwells Mills, NJ

Population 10,220 · New Jersey · Data vintage 2023

241
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Blackwells Mills's housing market reflects its status as a high-earning metro: $736,000 for a typical home, 141% above the US median, paired with household incomes around $248,149 that put it in the upper third of the state.

Geographically, Blackwells Mills is about 25 miles southwest of Elizabeth, the nearest large metro. Median home values run roughly 87% higher than Elizabeth's $394,000.

Cost Overview

Housing 241
Rent 240

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Blackwells Mills

The median home value in Blackwells Mills is $736,000 — 141% above the national median of $305,000. Median rent runs $3,148/month, 140% higher than the national median of $1,314/month. The median household income of $248,149/year is 233% higher than the US median of $74,580. The local unemployment rate is 4.3%, below the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 63.6°F and lows of 41.4°F. Overall, Blackwells Mills has a cost of living index of 241 versus the US average of 100, meaning it is 141% more expensive.

🏠 Housing

Median Home Value
$736,000
141% above avg
Median Rent
$3,148/mo
140% above avg
Price-to-Rent Ratio
19.5x
Favors buying
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 96.5%
Renter-occupied 3.5%

💰 Estimated Monthly Budget

Rent median rent
$3,148
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,762/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
37.3 min
38% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
25.2%

Commute Mode

Drove alone
68.1%
Carpooled
3.1%
Public transit
2.9%
Work from home
25.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$248,149
233% above avg
Per Capita Income
$80,940
Unemployment Rate
4.3%
10% below avg
Poverty Rate
1.5%
Labor Force Participation
67.9%

🎓 Education

Bachelor's degree+ 35.5%
Graduate degree 42.3%

👥 Demographics

Median Age 40.6
Male median age 39.7
Female median age 42.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.6°F
Avg Low
41.4°F
Annual Precip
45.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394351637381868478665544
Low °F 212230394858636154423326
Precip" 3.162.203.893.593.544.234.935.183.823.673.413.87

Frequently Asked Questions

What is the cost of living in Blackwells Mills, NJ?

Blackwells Mills has a cost index of 241 (100 = national average). It is 141% above the national average.

What is average rent in Blackwells Mills, NJ?

The median gross rent in Blackwells Mills is $3,148 per month based on 2023 Census data.

What is the average home price in Blackwells Mills?

The median home value in Blackwells Mills is $736,000 according to 2023 Census ACS data.

What is the median income in Blackwells Mills?

The median household income in Blackwells Mills is $248,149 per year (2023 ACS 5-year estimates).

What is the sales tax in Blackwells Mills, NJ?

The combined state and local sales tax rate in Blackwells Mills is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Blackwells Mills, NJ affordable?

Blackwells Mills is above average in cost of living, with an index of 241 — about 141% higher than the national average.

What is the weather like in Blackwells Mills?

Blackwells Mills has average high temperatures of 63.6°F and average lows of 41.4°F. Annual precipitation is 45.5". Data from NOAA 1991–2020 Climate Normals.

Blackwells Mills at a Glance

Population
10,220
Median Income
$248,149
Home Value
$736,000
Median Rent
$3,148/mo
Unemployment
4.3%
Avg High Temp
63.6°F
Sales Tax
6.6%
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🗺️ County data for New Jersey

Explore county-level cost of living data

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