Cost of Living in Mount Ephraim, NJ

Population 4,648 · New Jersey · Data vintage 2023

90
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Mount Ephraim stay well under national norms: a median home value of $224,000 against median household incomes of $95,137 gives the city one of the more comfortable price-to-income ratios in New Jersey. Unemployment has stayed elevated relative to the national figure — 6.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Mount Ephraim sits roughly 9 miles south of Philadelphia. Housing prices track closely with Philadelphia's $232,000 median.

Cost Overview

Housing 73
Rent 115

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

About the Cost of Living in Mount Ephraim

The median home value in Mount Ephraim is $223,800 — 27% below the national median of $305,000. Median rent runs $1,509/month, 15% higher than the national median of $1,314/month. The median household income of $95,137/year is 28% higher than the US median of $74,580. The local unemployment rate is 6.2%, 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, Mount Ephraim has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.

🏠 Housing

Median Home Value
$223,800
27% below avg
Zillow Home Value
$895,700
Zillow ZHVI
Median Rent
$1,509/mo
15% above avg
Price-to-Rent Ratio
12.4x
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 66.4%
Renter-occupied 33.6%

💰 Estimated Monthly Budget

Rent median rent
$1,509
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,123/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
26.2 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.4%

Commute Mode

Drove alone
71.8%
Carpooled
8.0%
Public transit
2.8%
Walked
0.0%
Work from home
17.4%

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
$95,137
28% above avg
Per Capita Income
$44,704
Unemployment Rate
6.2%
29% above avg
Poverty Rate
8.9%
Labor Force Participation
70.5%

🎓 Education

Bachelor's degree+ 17.0%
Graduate degree 6.0%

👥 Demographics

Median Age 38.8
Male median age 38.2
Female median age 39.9

🌤 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 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 Mount Ephraim, NJ?

Mount Ephraim has a cost index of 90 (100 = national average). It is 10% below the national average.

What is average rent in Mount Ephraim, NJ?

The median gross rent in Mount Ephraim is $1,509 per month based on 2023 Census data.

What is the average home price in Mount Ephraim?

The median home value in Mount Ephraim is $223,800 according to Zillow and Census data.

What is the median income in Mount Ephraim?

The median household income in Mount Ephraim is $95,137 per year (2023 ACS 5-year estimates).

What is the sales tax in Mount Ephraim, NJ?

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

Is Mount Ephraim, NJ affordable?

Mount Ephraim is near the national average in terms of cost of living, with an index of 90 (100 = US average).

What is the weather like in Mount Ephraim?

Mount Ephraim 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.

Mount Ephraim at a Glance

Population
4,648
Median Income
$95,137
Home Value
$223,800
Median Rent
$1,509/mo
Unemployment
6.2%
Avg High Temp
65.2°F
Sales Tax
6.6%
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