Cost of Living in Carneys Point, NJ
Population 7,945 · New Jersey · Data vintage 2023
(100 = US avg)
Carneys Point offers a notably favorable income-to-housing ratio for its region. The typical home — $181,000 — costs less than 2.4 times median household income of $75,436, a threshold many coastal markets passed a decade ago. Unemployment has stayed elevated relative to the national figure — 7.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 30 miles southwest of Philadelphia, Carneys Point falls within that metro's commuting orbit. Median home values run roughly 22% lower than Philadelphia's $232,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Carneys Point
The median home value in Carneys Point is $180,600 — 41% below the national median of $305,000. Median rent runs $1,283/month, 2% lower than the national median of $1,314/month. The median household income of $75,436/year is 1% higher than the US median of $74,580. The local unemployment rate is 7.7%, 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%. Overall, Carneys Point has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.
Carneys Point has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Carneys Point, NJ?
Carneys Point has a cost index of 75 (100 = national average). It is 25% below the national average.
What is average rent in Carneys Point, NJ?
The median gross rent in Carneys Point is $1,283 per month based on 2023 Census data.
What is the average home price in Carneys Point?
The median home value in Carneys Point is $180,600 according to Zillow and Census data.
What is the median income in Carneys Point?
The median household income in Carneys Point is $75,436 per year (2023 ACS 5-year estimates).
What is the sales tax in Carneys Point, NJ?
The combined state and local sales tax rate in Carneys Point is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Carneys Point, NJ affordable?
Yes, Carneys Point is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.
Carneys Point at a Glance
- Population
- 7,945
- Median Income
- $75,436
- Home Value
- $180,600
- Median Rent
- $1,283/mo
- Unemployment
- 7.7%
- Sales Tax
- 6.6%
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New Jersey Rankings
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