Bellmawr, NJ

Below Avg · 79

New Jersey · Population 11,678 · Updated March 2026

$1,141
Median Rent / Month
$74,812
Median Income
$216,500
Median Home Value
$1,321
Owner Costs / Month

Affordability

How far your income goes in Bellmawr

18.3%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in New Jersey

State-level tax rates that affect your costs

10.75%
Income Tax (Top Rate)
6.625%
Sales Tax
2.23%
Property Tax Rate

Estimated Annual Costs

$13,692
Annual Rent
$8,042
State Income Tax
$4,828
Property Tax (est.)

Cost of Living Overview

Bellmawr is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 79 (where 100 equals the national median), Bellmawr residents can expect to pay median rent of $1,141/month while earning a median household income of $74,812/year.

The median home value in Bellmawr, NJ is $216,500, with typical monthly owner costs around $1,321 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

New Jersey's top income tax rate of 10.75% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.625% sales tax rate and 2.23% effective property tax rate, the overall tax environment is a factor in the total cost of living in Bellmawr.

Frequently Asked Questions

Common questions about living costs in Bellmawr

What is the cost of living in Bellmawr, NJ?
The cost of living index in Bellmawr, NJ is 79 (US average = 100). Median monthly rent is $1,141, median household income is $74,812/year, and the median home value is $216,500.
Is Bellmawr, NJ affordable?
Yes, Bellmawr is more affordable than the national average with a cost index of 79. The rent-to-income ratio is 18.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bellmawr, NJ?
The median gross rent in Bellmawr, NJ is $1,141 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,692.
What is the median household income in Bellmawr?
The median household income in Bellmawr, NJ is $74,812 per year. This compares to the national median of approximately $80,000.
What are the taxes like in New Jersey?
New Jersey has a top income tax rate of 10.75%, a sales tax of 6.625%, and an effective property tax rate of 2.23%.