Cost of Living in Pomona, NJ

Population 8,141 · New Jersey · Data vintage 2023

75
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Pomona 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. Unemployment has stayed elevated relative to the national figure — 7.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 50 miles southeast of Philadelphia, Pomona falls within that metro's commuting orbit. Housing prices track closely with Philadelphia's $232,000 median.

Cost Overview

Housing 80
Rent 68

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

About the Cost of Living in Pomona

The median home value in Pomona is $244,500 — 20% below the national median of $305,000. Median rent runs $897/month, 32% lower than the national median of $1,314/month. The median household income of $100,382/year is 35% higher than the US median of $74,580. The local unemployment rate is 7.1%, 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 65.1°F and lows of 45.1°F, with about 17.4" of annual snowfall. Overall, Pomona has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$244,500
20% below avg
Median Rent
$897/mo
32% below avg
Price-to-Rent Ratio
22.7x
Favors renting
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 82.9%
Renter-occupied 17.1%

💰 Estimated Monthly Budget

Rent median rent
$897
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,511/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
28.2 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.7%

Commute Mode

Drove alone
73.3%
Carpooled
18.7%
Walked
0.6%
Bicycle
0.2%
Work from home
5.7%

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
$100,382
35% above avg
Per Capita Income
$38,710
Unemployment Rate
7.1%
48% above avg
Poverty Rate
5.5%
Labor Force Participation
65.5%

🎓 Education

Bachelor's degree+ 24.7%
Graduate degree 9.9%

👥 Demographics

Median Age 40.2
Male median age 39.9
Female median age 40.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.1°F
Avg Low
45.1°F
Annual Precip
46"
Annual Snowfall
17.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434653637382878579685748
Low °F 252633425161676558463729
Precip" 3.383.234.523.323.343.584.474.593.554.143.374.47
Snow" 5.75.92.20.30.00.00.00.00.00.00.13.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
74%
Good air days/yr
265
Max AQI recorded
223
PM2.5 days
142
Ozone days

Frequently Asked Questions

What is the cost of living in Pomona, NJ?

Pomona has a cost index of 75 (100 = national average). It is 25% below the national average.

What is average rent in Pomona, NJ?

The median gross rent in Pomona is $897 per month based on 2023 Census data.

What is the average home price in Pomona?

The median home value in Pomona is $244,500 according to 2023 Census ACS data.

What is the median income in Pomona?

The median household income in Pomona is $100,382 per year (2023 ACS 5-year estimates).

What is the sales tax in Pomona, NJ?

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

Is Pomona, NJ affordable?

Yes, Pomona is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.

What is the weather like in Pomona?

Pomona has average high temperatures of 65.1°F and average lows of 45.1°F. Annual precipitation is 46". Average annual snowfall is 17.4". Data from NOAA 1991–2020 Climate Normals.

Pomona at a Glance

Population
8,141
Median Income
$100,382
Home Value
$244,500
Median Rent
$897/mo
Unemployment
7.1%
Avg High Temp
65.1°F
Sales Tax
6.6%
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🗺️ County data for New Jersey

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