Cost of Living in Richwood, NJ
Population 3,453 · New Jersey · Data vintage 2023
(100 = US avg)
Richwood's housing market reflects its status as a high-earning metro: $566,000 for a typical home, 86% above the US median, paired with household incomes around $206,685 that put it in the upper third of the state.
Richwood sits roughly 20 miles south of Philadelphia — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 144% higher than Philadelphia's $232,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Richwood
The median home value in Richwood is $566,000 — 86% above the national median of $305,000. The median household income of $206,685/year is 177% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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 65.2°F and lows of 47.3°F, with about 23.1" of annual snowfall. Overall, Richwood has a cost of living index of 186 versus the US average of 100, meaning it is 86% more expensive.
Richwood has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 41 | 44 | 53 | 65 | 74 | 83 | 88 | 86 | 79 | 67 | 56 | 46 |
| Low °F | 26 | 28 | 34 | 44 | 54 | 64 | 70 | 68 | 61 | 49 | 39 | 31 |
| Precip" | 3.13 | 2.75 | 3.96 | 3.47 | 3.34 | 4.04 | 4.38 | 4.29 | 4.40 | 3.47 | 2.91 | 3.97 |
| Snow" | 7.1 | 8.4 | 3.6 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 3.5 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Richwood, NJ?
Richwood has a cost index of 186 (100 = national average). It is 86% above the national average.
What is the average home price in Richwood?
The median home value in Richwood is $566,000 according to 2023 Census ACS data.
What is the median income in Richwood?
The median household income in Richwood is $206,685 per year (2023 ACS 5-year estimates).
What is the sales tax in Richwood, NJ?
The combined state and local sales tax rate in Richwood is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Richwood, NJ affordable?
Richwood is above average in cost of living, with an index of 186 — about 86% higher than the national average.
What is the weather like in Richwood?
Richwood 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.
Richwood at a Glance
- Population
- 3,453
- Median Income
- $206,685
- Home Value
- $566,000
- Unemployment
- 4.5%
- Avg High Temp
- 65.2°F
- Sales Tax
- 6.6%
Nearby Cities
Explore county-level cost of living data
New Jersey Rankings
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Cities in other states with comparable housing costs