Cost of Living in Woodstown, NJ

Population 3,690 · New Jersey · Data vintage 2023

83
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Woodstown is a smaller New Jersey community of around 4000 residents, where median household incomes of $101,855 and housing costs ($232,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Woodstown is about 25 miles southwest of Philadelphia, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Philadelphia's $232,000 median.

Cost Overview

Housing 76
Rent 93

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

About the Cost of Living in Woodstown

The median home value in Woodstown is $231,700 — 24% below the national median of $305,000. Median rent runs $1,223/month, 7% lower than the national median of $1,314/month. The median household income of $101,855/year is 37% higher than the US median of $74,580. The local unemployment rate is 5.5%, 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 64.8°F and lows of 46.3°F, with about 20.2" of annual snowfall. Overall, Woodstown has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.

🏠 Housing

Median Home Value
$231,700
24% below avg
Zillow Home Value
$182,688
Zillow ZHVI
Median Rent
$1,223/mo
7% below avg
Price-to-Rent Ratio
15.8x
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 62.4%
Renter-occupied 37.6%

💰 Estimated Monthly Budget

Rent median rent
$1,223
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,837/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
28.1 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.3%

Commute Mode

Drove alone
74.3%
Carpooled
5.7%
Walked
2.5%
Work from home
17.3%

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
$101,855
37% above avg
Per Capita Income
$43,753
Unemployment Rate
5.5%
14% above avg
Poverty Rate
7.5%
Labor Force Participation
65.8%

🎓 Education

Bachelor's degree+ 27.8%
Graduate degree 14.3%

👥 Demographics

Median Age 42.2
Male median age 43.3
Female median age 40.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.8°F
Avg Low
46.3°F
Annual Precip
45.3"
Annual Snowfall
20.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414453647482878579675646
Low °F 262734445363686759473730
Precip" 3.232.834.163.513.574.674.413.984.383.683.063.85
Snow" 6.17.83.10.10.00.00.00.00.00.00.22.9

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
8.7:1
Student-teacher ratio
8
Public schools
1,534
Total enrollment

Frequently Asked Questions

What is the cost of living in Woodstown, NJ?

Woodstown has a cost index of 83 (100 = national average). It is 17% below the national average.

What is average rent in Woodstown, NJ?

The median gross rent in Woodstown is $1,223 per month based on 2023 Census data.

What is the average home price in Woodstown?

The median home value in Woodstown is $231,700 according to Zillow and Census data.

What is the median income in Woodstown?

The median household income in Woodstown is $101,855 per year (2023 ACS 5-year estimates).

What is the sales tax in Woodstown, NJ?

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

Is Woodstown, NJ affordable?

Yes, Woodstown is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.

What is the weather like in Woodstown?

Woodstown has average high temperatures of 64.8°F and average lows of 46.3°F. Annual precipitation is 45.3". Average annual snowfall is 20.2". Data from NOAA 1991–2020 Climate Normals.

Woodstown at a Glance

Population
3,690
Median Income
$101,855
Home Value
$231,700
Median Rent
$1,223/mo
Unemployment
5.5%
Avg High Temp
64.8°F
Sales Tax
6.6%
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