Cost of Living in Country Lake Estates, NJ

Population 4,700 · New Jersey · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Country Lake Estates offers a notably favorable income-to-housing ratio for its region. The typical home — $226,000 — costs less than 1.8 times median household income of $124,636, a threshold many coastal markets passed a decade ago. An unemployment rate of 1.7% points to a labor market well on the tight side of the national distribution.

Country Lake Estates is about 30 miles east of Philadelphia, the nearest large metro — 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 74

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

About the Cost of Living in Country Lake Estates

The median home value in Country Lake Estates is $226,000 — 26% below the national median of $305,000. The median household income of $124,636/year is 67% higher than the US median of $74,580. The local unemployment rate is 1.7%, 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 64.4°F and lows of 44.5°F. Overall, Country Lake Estates has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$226,000
26% below avg
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 93.3%
Renter-occupied 6.8%

🛒 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
35.1 min
30% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.2%

Commute Mode

Drove alone
72.7%
Carpooled
18.9%
Public transit
0.8%
Walked
3.4%
Work from home
4.2%

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
$124,636
67% above avg
Per Capita Income
$44,288
Unemployment Rate
1.7%
65% below avg
Poverty Rate
4.0%
Labor Force Participation
77.9%

🎓 Education

Bachelor's degree+ 12.2%
Graduate degree 12.0%

👥 Demographics

Median Age 36.6
Male median age 42.8
Female median age 34.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.4°F
Avg Low
44.5°F
Annual Precip
42.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414452647382878578665646
Low °F 252633425161666457463629
Precip" 2.972.573.833.372.953.735.194.403.393.672.983.74

Frequently Asked Questions

What is the cost of living in Country Lake Estates, NJ?

Country Lake Estates has a cost index of 74 (100 = national average). It is 26% below the national average.

What is the average home price in Country Lake Estates?

The median home value in Country Lake Estates is $226,000 according to 2023 Census ACS data.

What is the median income in Country Lake Estates?

The median household income in Country Lake Estates is $124,636 per year (2023 ACS 5-year estimates).

What is the sales tax in Country Lake Estates, NJ?

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

Is Country Lake Estates, NJ affordable?

Yes, Country Lake Estates is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

What is the weather like in Country Lake Estates?

Country Lake Estates has average high temperatures of 64.4°F and average lows of 44.5°F. Annual precipitation is 42.8". Data from NOAA 1991–2020 Climate Normals.

Country Lake Estates at a Glance

Population
4,700
Median Income
$124,636
Home Value
$226,000
Unemployment
1.7%
Avg High Temp
64.4°F
Sales Tax
6.6%
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