Cost of Living in Woodbury, NJ

Population 9,992 · New Jersey · Data vintage 2023

70
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Woodbury offers a notably favorable income-to-housing ratio for its region. The typical home — $208,000 — costs less than 2.8 times median household income of $74,769, a threshold many coastal markets passed a decade ago. Unemployment has stayed elevated relative to the national figure — 7.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Woodbury sits roughly 12 miles south of Philadelphia. Median home values run roughly 11% lower than Philadelphia's $232,000.

Cost Overview

Housing 68
Rent 73

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

About the Cost of Living in Woodbury

The median home value in Woodbury is $207,900 — 32% below the national median of $305,000. Median rent runs $957/month, 27% lower than the national median of $1,314/month. The median household income of $74,769/year is equal to than the US median of $74,580. The local unemployment rate is 7.3%, 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, Woodbury has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.

🏠 Housing

Median Home Value
$207,900
32% below avg
Zillow Home Value
$329,237
Zillow ZHVI
Median Rent
$957/mo
27% below avg
Zillow Rent
$2,016/mo
Zillow ZORI
Price-to-Rent Ratio
18.1x
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 65.1%
Renter-occupied 34.9%

💰 Estimated Monthly Budget

Rent median rent
$957
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,571/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
27.2 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.6%

Commute Mode

Drove alone
69.2%
Carpooled
8.9%
Public transit
5.7%
Walked
2.2%
Bicycle
0.3%
Work from home
11.6%

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
$74,769
0% below avg
Per Capita Income
$37,841
Unemployment Rate
7.3%
51% above avg
Poverty Rate
13.9%
Labor Force Participation
66.4%

🎓 Education

Bachelor's degree+ 17.4%
Graduate degree 11.2%

👥 Demographics

Median Age 39.4
Male median age 37.7
Female median age 40.7

🌤 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
12.9:1
Student-teacher ratio
4
Public schools
1,637
Total enrollment

Frequently Asked Questions

What is the cost of living in Woodbury, NJ?

Woodbury has a cost index of 70 (100 = national average). It is 30% below the national average.

What is average rent in Woodbury, NJ?

The median gross rent in Woodbury is $957 per month based on 2023 Census data.

What is the average home price in Woodbury?

The median home value in Woodbury is $207,900 according to Zillow and Census data.

What is the median income in Woodbury?

The median household income in Woodbury is $74,769 per year (2023 ACS 5-year estimates).

What is the sales tax in Woodbury, NJ?

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

Is Woodbury, NJ affordable?

Yes, Woodbury is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.

What is the weather like in Woodbury?

Woodbury 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.

Woodbury at a Glance

Population
9,992
Median Income
$74,769
Home Value
$207,900
Median Rent
$957/mo
Unemployment
7.3%
Avg High Temp
65.2°F
Sales Tax
6.6%
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