Cost of Living in Greentree, NJ

Population 11,024 · New Jersey · Data vintage 2023

152

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Greentree sits on the smaller end of the New Jersey city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Geographically, Greentree sits roughly 12 miles southeast of Philadelphia. Median home values run roughly 81% higher than Philadelphia's $232,000.

Cost Overview

Housing 138

Rent 173

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

About the Cost of Living in Greentree

The median home value in Greentree is $419,800 — 38% above the national median of $305,000. Median rent runs $2,269/month, 73% higher than the national median of $1,314/month. The median household income of $144,426/year is 94% higher than the US median of $74,580. The local unemployment rate is 5.1%, 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 64.4°F and lows of 44.5°F. Overall, Greentree has a cost of living index of 152 versus the US average of 100, meaning it is 52% more expensive.

🏠 Housing

Median Home Value

$419,800

38% above avg

Median Rent

$2,269/mo

73% above avg

Price-to-Rent Ratio

15.4x

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 80.8%

Renter-occupied 19.2%

💰 Estimated Monthly Budget

Rent median rent

$2,269

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $2,883/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

31.8 min

18% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

22.5%

Commute Mode

Drove alone

67.1%

Carpooled

4.8%

Public transit

3.5%

Walked

2.0%

Work from home

22.5%

⚡ 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

$144,426

94% above avg

Per Capita Income

$69,615

Unemployment Rate

5.1%

6% above avg

Poverty Rate

4.8%

Labor Force Participation

65.1%

🎓 Education

Bachelor's degree+ 37.7%

Graduate degree 34.4%

👥 Demographics

Median Age 45.1

Male median age 45.2

Female median age 44.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High

64.4°F

Avg Low

44.5°F

Annual Precip

42.8"

Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
High °F	41	44	52	64	73	82	87	85	78	66	56	46
Low °F	25	26	33	42	51	61	66	64	57	46	36	29
Precip"	2.97	2.57	3.83	3.37	2.95	3.73	5.19	4.40	3.39	3.67	2.98	3.74

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good

50.4%

Good air days/yr

211

Max AQI recorded

209

PM2.5 days

149

Ozone days

Frequently Asked Questions

What is the cost of living in Greentree, NJ?

Greentree has a cost index of 152 (100 = national average). It is 52% above the national average.

What is average rent in Greentree, NJ?

The median gross rent in Greentree is $2,269 per month based on 2023 Census data.

What is the average home price in Greentree?

The median home value in Greentree is $419,800 according to 2023 Census ACS data.

What is the median income in Greentree?

The median household income in Greentree is $144,426 per year (2023 ACS 5-year estimates).

What is the sales tax in Greentree, NJ?

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

Is Greentree, NJ affordable?

Greentree is above average in cost of living, with an index of 152 — about 52% higher than the national average.

What is the weather like in Greentree?

Greentree 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.

Greentree at a Glance

Population: 11,024
Median Income: $144,426
Home Value: $419,800
Median Rent: $2,269/mo
Unemployment: 5.1%
Avg High Temp: 64.4°F
Sales Tax: 6.6%

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