Housing costs in Gibbsboro?
A typical home costs
$288,400, which is 14.7% less expensive than the national average of
$338,100 and 33.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Gibbsboro costs
$2,230 per month, which is 55.9% more than the national average of
$1,430 and 23.3% more than the state average of
$1,710.
Can I afford Gibbsboro?
To live comfortably in Gibbsboro, New Jersey, a minimum annual income of
$55,080 for a family, and
$74,000 for a single person is recommended.
What does A.I. say about Gibbsboro?
Gibbsboro, NJ is known for its high cost of living. The median home price in Gibbsboro is around $400,000, which is considerably higher than the national average, and the median household income is also above the national average at approximately $108,000 per year. Goods and services are more expensive in this area due to the high demand for them in this affluent community. Groceries, gas prices, and local taxes are all higher than what you would find in many other places. Living in Gibbsboro requires a larger budget than some other towns; however, those who do call it home enjoy a comfortable lifestyle with access to plenty of amenities and entertainment options.