Cost of Living in Smithville, NJ

Population 9,260 · New Jersey · Data vintage 2023

98
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 Smithville a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $271,000.

Smithville is about 50 miles southeast of Philadelphia, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 16% higher than Philadelphia's $232,000.

Cost Overview

Housing 89
Rent 112

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

About the Cost of Living in Smithville

The median home value in Smithville is $270,600 — 11% below the national median of $305,000. Median rent runs $1,477/month, 12% higher than the national median of $1,314/month. The median household income of $72,875/year is 2% lower than the US median of $74,580. The local unemployment rate is 4.8%, 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, Smithville has a cost of living index of 98 versus the US average of 100, meaning it is 2% less expensive.

🏠 Housing

Median Home Value
$270,600
11% below avg
Median Rent
$1,477/mo
12% above avg
Price-to-Rent Ratio
15.3x
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 76.3%
Renter-occupied 23.7%

💰 Estimated Monthly Budget

Rent median rent
$1,477
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,091/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
27.3 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.4%

Commute Mode

Drove alone
78.7%
Carpooled
9.9%
Public transit
1.1%
Walked
0.3%
Bicycle
0.2%
Work from home
9.4%

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
$72,875
2% below avg
Per Capita Income
$47,451
Unemployment Rate
4.8%
0% below avg
Poverty Rate
8.1%
Labor Force Participation
60.2%

🎓 Education

Bachelor's degree+ 22.1%
Graduate degree 15.7%

👥 Demographics

Median Age 47.1
Male median age 47
Female median age 47.2

🌤 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 Smithville, NJ?

Smithville has a cost index of 98 (100 = national average). It is 2% below the national average.

What is average rent in Smithville, NJ?

The median gross rent in Smithville is $1,477 per month based on 2023 Census data.

What is the average home price in Smithville?

The median home value in Smithville is $270,600 according to 2023 Census ACS data.

What is the median income in Smithville?

The median household income in Smithville is $72,875 per year (2023 ACS 5-year estimates).

What is the sales tax in Smithville, NJ?

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

Is Smithville, NJ affordable?

Smithville is near the national average in terms of cost of living, with an index of 98 (100 = US average).

What is the weather like in Smithville?

Smithville 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.

Smithville at a Glance

Population
9,260
Median Income
$72,875
Home Value
$270,600
Median Rent
$1,477/mo
Unemployment
4.8%
Avg High Temp
65.1°F
Sales Tax
6.6%
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