Cost of Living in Pitman, NJ

Population 8,834 · New Jersey · Data vintage 2023

96
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 Pitman a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $258,000. At 6.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Pitman sits roughly 20 miles south of Philadelphia. Median home values run roughly 11% higher than Philadelphia's $232,000.

Cost Overview

Housing 85
Rent 112

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

About the Cost of Living in Pitman

The median home value in Pitman is $258,400 — 15% below the national median of $305,000. Median rent runs $1,474/month, 12% higher than the national median of $1,314/month. The median household income of $96,199/year is 29% higher than the US median of $74,580. The local unemployment rate is 6.1%, 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 65.2°F and lows of 47.3°F, with about 23.1" of annual snowfall. Overall, Pitman has a cost of living index of 96 versus the US average of 100, meaning it is 4% less expensive.

🏠 Housing

Median Home Value
$258,400
15% below avg
Zillow Home Value
$349,372
Zillow ZHVI
Median Rent
$1,474/mo
12% above avg
Price-to-Rent Ratio
14.6x
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 73.2%
Renter-occupied 26.8%

💰 Estimated Monthly Budget

Rent median rent
$1,474
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,088/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
30.6 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.9%

Commute Mode

Drove alone
81.9%
Carpooled
2.3%
Public transit
1.1%
Walked
0.9%
Bicycle
0.3%
Work from home
12.9%

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
$96,199
29% above avg
Per Capita Income
$47,054
Unemployment Rate
6.1%
27% above avg
Poverty Rate
4.6%
Labor Force Participation
69.2%

🎓 Education

Bachelor's degree+ 29.0%
Graduate degree 14.3%

👥 Demographics

Median Age 40.9
Male median age 39.5
Female median age 43.2

🌤 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

87%
4-Year Graduation Rate
10:1
Student-teacher ratio
5
Public schools
1,258
Total enrollment

Frequently Asked Questions

What is the cost of living in Pitman, NJ?

Pitman has a cost index of 96 (100 = national average). It is 4% below the national average.

What is average rent in Pitman, NJ?

The median gross rent in Pitman is $1,474 per month based on 2023 Census data.

What is the average home price in Pitman?

The median home value in Pitman is $258,400 according to Zillow and Census data.

What is the median income in Pitman?

The median household income in Pitman is $96,199 per year (2023 ACS 5-year estimates).

What is the sales tax in Pitman, NJ?

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

Is Pitman, NJ affordable?

Pitman is near the national average in terms of cost of living, with an index of 96 (100 = US average).

What is the weather like in Pitman?

Pitman 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.

Pitman at a Glance

Population
8,834
Median Income
$96,199
Home Value
$258,400
Median Rent
$1,474/mo
Unemployment
6.1%
Avg High Temp
65.2°F
Sales Tax
6.6%
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