Cost of Living in Woodland Park, NJ

Population 13,284 · New Jersey · Data vintage 2023

147
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Woodland Park 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. At 6.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located <5 miles southwest of Paterson, Woodland Park falls within that metro's commuting orbit. Median home values run roughly 42% higher than Paterson's $335,000.

Cost Overview

Housing 156
Rent 135

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

About the Cost of Living in Woodland Park

The median home value in Woodland Park is $475,400 — 56% above the national median of $305,000. Median rent runs $1,773/month, 35% higher than the national median of $1,314/month. The median household income of $85,638/year is 15% higher than the US median of $74,580. The local unemployment rate is 6.0%, 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 62.4°F and lows of 43.8°F. Overall, Woodland Park has a cost of living index of 147 versus the US average of 100, meaning it is 47% more expensive.

🏠 Housing

Median Home Value
$475,400
56% above avg
Zillow Home Value
$632,974
Zillow ZHVI
Median Rent
$1,773/mo
35% above avg
Price-to-Rent Ratio
22.3x
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 61.2%
Renter-occupied 38.8%

💰 Estimated Monthly Budget

Rent median rent
$1,773
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,387/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
25.0 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.4%

Commute Mode

Drove alone
74.7%
Carpooled
9.8%
Public transit
2.4%
Walked
1.9%
Work from home
10.4%

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
$85,638
15% above avg
Per Capita Income
$45,442
Unemployment Rate
6.0%
25% above avg
Poverty Rate
6.1%
Labor Force Participation
63.9%

🎓 Education

Bachelor's degree+ 25.8%
Graduate degree 10.9%

👥 Demographics

Median Age 44.3
Male median age 39.1
Female median age 47.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.4°F
Avg Low
43.8°F
Annual Precip
44.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384149627281858476655343
Low °F 232431415160666457453528
Precip" 3.042.554.073.713.394.274.334.493.723.973.304.04

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
68.3%
Good air days/yr
199
Max AQI recorded
220
PM2.5 days
133
Ozone days

Frequently Asked Questions

What is the cost of living in Woodland Park, NJ?

Woodland Park has a cost index of 147 (100 = national average). It is 47% above the national average.

What is average rent in Woodland Park, NJ?

The median gross rent in Woodland Park is $1,773 per month based on 2023 Census data.

What is the average home price in Woodland Park?

The median home value in Woodland Park is $475,400 according to Zillow and Census data.

What is the median income in Woodland Park?

The median household income in Woodland Park is $85,638 per year (2023 ACS 5-year estimates).

What is the sales tax in Woodland Park, NJ?

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

Is Woodland Park, NJ affordable?

Woodland Park is above average in cost of living, with an index of 147 — about 47% higher than the national average.

What is the weather like in Woodland Park?

Woodland Park has average high temperatures of 62.4°F and average lows of 43.8°F. Annual precipitation is 44.9". Data from NOAA 1991–2020 Climate Normals.

Woodland Park at a Glance

Population
13,284
Median Income
$85,638
Home Value
$475,400
Median Rent
$1,773/mo
Unemployment
6.0%
Avg High Temp
62.4°F
Sales Tax
6.6%
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🗺️ County data for New Jersey

Explore county-level cost of living data

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