Cost of Living in Blackwood, NJ

Population 4,615 · New Jersey · Data vintage 2023

88
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Blackwood a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $231,000.

Blackwood sits roughly 15 miles south of Philadelphia — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Philadelphia's $232,000 median.

Cost Overview

Housing 76
Rent 105

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

About the Cost of Living in Blackwood

The median home value in Blackwood is $231,000 — 24% below the national median of $305,000. Median rent runs $1,384/month, 5% higher than the national median of $1,314/month. The median household income of $81,154/year is 9% higher than the US median of $74,580. The local unemployment rate is 5.8%, above 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 65.2°F and lows of 47.3°F, with about 23.1" of annual snowfall. Overall, Blackwood has a cost of living index of 88 versus the US average of 100, meaning it is 12% less expensive.

🏠 Housing

Median Home Value
$231,000
24% below avg
Zillow Home Value
$362,323
Zillow ZHVI
Median Rent
$1,384/mo
5% above avg
Zillow Rent
$1,822/mo
Zillow ZORI
Price-to-Rent Ratio
13.9x
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 67.2%
Renter-occupied 32.8%

💰 Estimated Monthly Budget

Rent median rent
$1,384
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,998/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
29.6 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.5%

Commute Mode

Drove alone
80.4%
Carpooled
8.3%
Public transit
1.0%
Walked
1.7%
Work from home
8.5%

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
$81,154
9% above avg
Per Capita Income
$40,569
Unemployment Rate
5.8%
22% above avg
Poverty Rate
11.2%
Labor Force Participation
69.9%

🎓 Education

Bachelor's degree+ 14.6%
Graduate degree 6.2%

👥 Demographics

Median Age 37.2
Male median age 36.5
Female median age 38.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.2°F
Avg Low
47.3°F
Annual Precip
44.1"
Annual Snowfall
23.1"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414453657483888679675646
Low °F 262834445464706861493931
Precip" 3.132.753.963.473.344.044.384.294.403.472.913.97
Snow" 7.18.43.60.30.00.00.00.00.00.00.23.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
73.5%
Good air days/yr
185
Max AQI recorded
123
PM2.5 days
198
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
12.8:1
Student-teacher ratio
14
Public schools
10,146
Total enrollment

Frequently Asked Questions

What is the cost of living in Blackwood, NJ?

Blackwood has a cost index of 88 (100 = national average). It is 12% below the national average.

What is average rent in Blackwood, NJ?

The median gross rent in Blackwood is $1,384 per month based on 2023 Census data.

What is the average home price in Blackwood?

The median home value in Blackwood is $231,000 according to Zillow and Census data.

What is the median income in Blackwood?

The median household income in Blackwood is $81,154 per year (2023 ACS 5-year estimates).

What is the sales tax in Blackwood, NJ?

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

Is Blackwood, NJ affordable?

Yes, Blackwood is generally considered affordable, with a cost of living index of 88 — about 12% below the US national average of 100.

What is the weather like in Blackwood?

Blackwood has average high temperatures of 65.2°F and average lows of 47.3°F. Annual precipitation is 44.1". Average annual snowfall is 23.1". Data from NOAA 1991–2020 Climate Normals.

Blackwood at a Glance

Population
4,615
Median Income
$81,154
Home Value
$231,000
Median Rent
$1,384/mo
Unemployment
5.8%
Avg High Temp
65.2°F
Sales Tax
6.6%
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