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Destination guide

Moving to New Jersey

Highest property taxes, wealthy suburbs, NYC + Philly access.

NortheastCapital: TrentonPop. 9.3M

New Jersey has an overall price level 108.8 (US avg = 100). Housing dominates the difference.

Overall price index
108.8
Housing index
134.3
Groceries index (modeled)
102.2
Utilities index (modeled)
101.3
Electricity rate
23.5 ¢/kWh
Transportation index (modeled)
101.8
Median home value
$496,000
Median monthly rent
$1,554/mo

Sources: BLS LAUS 2026-04 · Census ACS 2024 (live) state-level

New Jersey unemployment is 4.8% with median household income $104k.

Unemployment rate
4.8%
Median household income
$104,294
Per-capita income
$53,818
Labor-force participation
66.9%
Right-to-work state
No
Nurse Licensure Compact
Member

Sources: FEMA NRI 2025 · Census ACS 2024 (live) state-level

New Jersey: median home value $496,000.

Home value
$496,000
Rent
$1,554/mo
Homeownership rate
64.0%
FEMA NRI composite
91/100
Hurricane exposure
Low
Wildfire exposure
Low
Tornado risk
Low
Earthquake risk
Low

New Jersey 4th-grade math proficiency: 43.9% at/above NAEP proficient.

4th-grade math proficiency
43.9%
Per-pupil spending
$21,949
Student–teacher ratio (est.)
17
Public 4-yr grad rate
62.0%
Notable universities
Princeton, Rutgers

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