What is the median household income in Richwood, NJ?
The median household income in Richwood, NJ is $216,196 (±$31,396) a year (2020–2024 American Community Survey).
In Richwood, the median household income went from $166,450 in 2015–2019 to $216,196 in 2020–2024 (+29.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $216,196 (±$31,396)
Income in Richwood against Gloucester County, its state and the nation
| Richwood | Gloucester County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $216,196 (±$31,396) | $105,115 (±$2,579) | $103,556 (±$513) | $80,734 |
| Median renter household income | — | $53,789 (±$3,430) | $62,674 (±$718) | $52,966 |
| Median owner household income | $217,228 (±$32,743) | $120,661 (±$2,462) | $133,477 (±$624) | $100,009 |
| Median gross rent | — | $1,531 (±$56) | $1,720 (±$7) | $1,413 |
In Richwood, median household income is higher than in Gloucester County ($105,115).
It is also higher than in New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Gloucester County, Richwood ranks 1 of 13 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 15 of 246.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $166,450 (±$22,112) | $216,196 (±$31,396) | +29.9% | No measurable change after inflation |
| Median home value | $385,300 (±$39,415) | $594,100 (±$56,752) | +54.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Richwood
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Richwood | — | $216,196 (±$31,396) | — |
| Mullica Hill | 2.0 mi | $131,250 (±$26,000) | Lower |
| Pitman Borough | 2.6 mi | $98,489 (±$6,248) | Lower |
| Mantua Township | 3.2 mi | $121,875 (±$13,376) | Lower |
| Glassboro Borough | 3.4 mi | $87,278 (±$11,576) | Lower |
| Elk Township | 3.8 mi | $141,382 (±$22,625) | Lower |
| Sewell | 4.0 mi | $140,600 (±$22,802) | Lower |
| South Harrison Township | 4.6 mi | $139,773 (±$29,576) | Lower |
| Wenonah Borough | 5.4 mi | $131,667 (±$14,619) | Lower |
Nearby places with a measurably lower figure: Mullica Hill, NJ ($131,250), Pitman Borough, NJ ($98,489), Mantua Township, NJ ($121,875).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Gloucester County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Richwood | $216,196 (±$31,396) |
| 2 | Turnersville | $145,104 (±$25,301) |
| 3 | Sewell | $140,600 (±$22,802) |
| 4 | Mullica Hill | $131,250 (±$26,000) |
| 5 | Franklinville | $122,179 (±$28,474) |
| 6 | Beckett | $115,363 (±$30,149) |
| 7 | Mickleton | $113,463 (±$12,729) |
Showing 7 of 13 places in Gloucester County, ranked from highest to lowest.
Richwood is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Harrison Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Richwood
What is the median household income in Richwood?
The median household income in Richwood is $216,196 (±$31,396) a year (2020–2024 American Community Survey).
Have incomes in Richwood kept up with inflation?
In Richwood, the median household income went from $166,450 in 2015–2019 to $216,196 in 2020–2024 (+29.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Richwood CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Richwood CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richwood CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Richwood CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richwood CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Richwood CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Richwood CDP, New Jersey (place:62820, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Richwood at a glance
- Home values in Richwood
- Homeowner costs in Richwood
- Property taxes in Richwood
- Types of homes in Richwood
- Age of homes in Richwood
- Heating fuel in Richwood
- Commute and cars in Richwood
- Population growth in Richwood
- Fair Market Rent in Richwood
- New Jersey landlord and tenant rules
- Housing across Gloucester County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey