What is the median household income in Woodstown Borough, NJ?
The median household income in Woodstown Borough, NJ is $98,828 (±$13,678) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,359 a month would take about $54,400 a year at the common guideline of spending no more than 30% of income on rent.
In Woodstown Borough, the median household income went from $77,083 in 2015–2019 to $98,828 in 2020–2024 (+28.2%).
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
- $98,828 (±$13,678)
- Median renter income
- $64,741 (±$30,070)
- Income to afford median rent
- about $54,400
Income in Woodstown Borough against Salem County, its state and the nation
| Woodstown Borough | Salem County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $98,828 (±$13,678) | $79,960 (±$3,982) | $103,556 (±$513) | $80,734 |
| Median renter household income | $64,741 (±$30,070) | $45,698 (±$6,898) | $62,674 (±$718) | $52,966 |
| Median owner household income | $123,153 (±$22,497) | $99,454 (±$4,308) | $133,477 (±$624) | $100,009 |
| Median gross rent | $1,359 (±$226) | $1,253 (±$51) | $1,720 (±$7) | $1,413 |
In Woodstown Borough, median household income is higher than in Salem County ($79,960).
It is not measurably different from New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Salem County, Woodstown Borough ranks 5 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 360 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Woodstown Borough
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,359 a month ($16,308 a year) needs an income of about $54,400 a year.
The median renting household in Woodstown Borough earns $64,741 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $77,083 (±$15,161) | $98,828 (±$13,678) | +28.2% | No measurable change after inflation |
| Median gross rent | $984 (±$54) | $1,359 (±$226) | +38.1% | No measurable change after inflation |
| Median home value | $251,400 (±$17,436) | $239,200 (±$18,076) | −4.9% | Down 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 Woodstown Borough
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Woodstown Borough | — | $98,828 (±$13,678) | — |
| Auburn | 3.1 mi | $222,212 (±$37,642) | Higher |
| Pilesgrove Township | 3.6 mi | $158,281 (±$10,859) | Higher |
| South Harrison Township | 4.9 mi | $139,773 (±$29,576) | Higher |
| Mannington Township | 5.1 mi | $109,271 (±$45,828) | Not measurably different |
| Alloway | 6.2 mi | $140,962 (±$57,125) | Not measurably different |
| Alloway Township | 6.4 mi | $105,156 (±$11,702) | Not measurably different |
| Woolwich Township | 6.4 mi | $157,778 (±$16,981) | Higher |
| Swedesboro Borough | 6.7 mi | $88,542 (±$12,052) | Not measurably different |
Nearby places with a measurably higher figure: Auburn, NJ ($222,212), Pilesgrove Township, NJ ($158,281), South Harrison Township, NJ ($139,773).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Salem County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Pilesgrove Township | $158,281 (±$10,859) |
| 2 | Oldmans Township | $112,917 (±$14,886) |
| 3 | Mannington Township | $109,271 (±$45,828) |
| 4 | Alloway Township | $105,156 (±$11,702) |
| 5 | Woodstown Borough | $98,828 (±$13,678) |
| 6 | Elmer Borough | $95,357 (±$9,323) |
| 7 | Pittsgrove Township | $92,917 (±$16,929) |
| 8 | Elsinboro Township | $90,385 (±$14,231) |
| 9 | Quinton Township | $86,563 (±$16,180) |
| 10 | Upper Pittsgrove Township | $85,521 (±$30,130) |
| 11 | Lower Alloways Creek Township | $80,000 (±$12,244) |
Showing 11 of 15 places in Salem County, ranked from highest to lowest.
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 Woodstown Borough
What is the median household income in Woodstown Borough?
The median household income in Woodstown Borough is $98,828 (±$13,678) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Woodstown Borough?
About $54,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,359 a month.
Have incomes in Woodstown Borough kept up with inflation?
In Woodstown Borough, the median household income went from $77,083 in 2015–2019 to $98,828 in 2020–2024 (+28.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Woodstown Borough?
The median renting household in Woodstown Borough, NJ earns $64,741 (±$30,070) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Woodstown borough, Salem County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Woodstown borough, Salem County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Woodstown borough, Salem County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Woodstown borough, Salem County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Woodstown borough, Salem County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Woodstown borough, Salem County, 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 Woodstown borough, Salem County, New Jersey (county subdivision:82720, in state:34 county:033).
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 Woodstown Borough at a glance
- Median rent in Woodstown Borough
- Rent by bedrooms in Woodstown Borough
- Rent burden in Woodstown Borough
- Renters and owners in Woodstown Borough
- Home values in Woodstown Borough
- Homeowner costs in Woodstown Borough
- Property taxes in Woodstown Borough
- Types of homes in Woodstown Borough
- Bedrooms in Woodstown Borough
- Age of homes in Woodstown Borough
- Heating fuel in Woodstown Borough
- Commute and cars in Woodstown Borough
- Crime reported to police in Woodstown Borough
- Population growth in Woodstown Borough
- How long people stay in Woodstown Borough
- New Jersey landlord and tenant rules
- Housing across Salem County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey