Cost of Living in Ramtown, NJ

Population 6,410 · New Jersey · Data vintage 2023

148
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Ramtown is a smaller New Jersey community of around 6000 residents, where median household incomes of $138,967 and housing costs ($453,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.9% points to a labor market well on the tight side of the national distribution.

Located 40 miles south of Elizabeth, Ramtown falls within that metro's commuting orbit. Median home values run roughly 15% higher than Elizabeth's $394,000.

Cost Overview

Housing 148

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

About the Cost of Living in Ramtown

The median home value in Ramtown is $452,500 — 48% above the national median of $305,000. The median household income of $138,967/year is 86% higher than the US median of $74,580. The local unemployment rate is 1.9%, 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 63.4°F and lows of 44.8°F, with about 26.6" of annual snowfall. Overall, Ramtown has a cost of living index of 148 versus the US average of 100, meaning it is 48% more expensive.

🏠 Housing

Median Home Value
$452,500
48% above 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 96.0%
Renter-occupied 4.0%

🛒 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
39.0 min
44% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.1%

Commute Mode

Drove alone
77.8%
Carpooled
6.7%
Public transit
1.2%
Work from home
13.1%

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
$138,967
86% above avg
Per Capita Income
$51,951
Unemployment Rate
1.9%
60% below avg
Poverty Rate
1.8%
Labor Force Participation
71.0%

🎓 Education

Bachelor's degree+ 29.2%
Graduate degree 14.6%

👥 Demographics

Median Age 38.1
Male median age 36.3
Female median age 38.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.4°F
Avg Low
44.8°F
Annual Precip
45.6"
Annual Snowfall
26.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637281868477665544
Low °F 242633425261676558463629
Precip" 3.292.654.003.633.994.354.424.224.053.793.204.04
Snow" 8.28.74.00.50.00.00.00.00.00.10.54.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
85%
Good air days/yr
140
Max AQI recorded
0
PM2.5 days
247
Ozone days

Frequently Asked Questions

What is the cost of living in Ramtown, NJ?

Ramtown has a cost index of 148 (100 = national average). It is 48% above the national average.

What is the average home price in Ramtown?

The median home value in Ramtown is $452,500 according to 2023 Census ACS data.

What is the median income in Ramtown?

The median household income in Ramtown is $138,967 per year (2023 ACS 5-year estimates).

What is the sales tax in Ramtown, NJ?

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

Is Ramtown, NJ affordable?

Ramtown is above average in cost of living, with an index of 148 — about 48% higher than the national average.

What is the weather like in Ramtown?

Ramtown has average high temperatures of 63.4°F and average lows of 44.8°F. Annual precipitation is 45.6". Average annual snowfall is 26.6". Data from NOAA 1991–2020 Climate Normals.