Median Income
$201,037
household / year
Median Home Value
$587,400
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
104
national avg = 100

Is Richwood, NJ a Good Place to Live?

Richwood is a small town of 3,656 in New Jersey, with a median household income of $201,037 and a 7.4% unemployment rate. Its cost of living index is 104 (US average = 100), which is 4% above the national average.

Strengths: Richwood stands out for solid school ratings (A), a well-educated population.

Trade-offs: Potential downsides include high home prices, an elevated unemployment rate. Whether Richwood is right for you depends on your priorities — the full breakdown is below.

All Richwood city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 103.5

Richwood's overall cost of living index is 103.5, where 100 represents the US national average. Living in Richwood costs roughly 4% more than the average American city.

Metric Richwood, NJ National Avg
Median Home Value $587,400 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 95.9% 65.9%
Median Household Income $201,037 $74,755

Crime & Safety

Very Safe

Richwood's violent crime rate is 41.5 per 100,000 residents — 89% lower than the national average of ~380 per 100,000.

Violent Crime
41.5 /100k
Property Crime
226.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Richwood is served primarily by Clearview Regional High School District. The student-to-teacher ratio is 14.3:1 (better than the national average of ~16:1).

Metric Richwood, NJ National Avg
School District Clearview Regional High School District —
Elementary Schools N/A —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 14.3:1 16:1
Bachelor's Degree or Higher 67.6% 35.4%
High School Diploma or Higher 98.0% 91.1%

Weather & Climate

Richwood sees average highs of 41.3°F in January and 86.8°F in July, with 48.1 inches of annual precipitation and 21.9 inches of snow per year.

MetricRichwood, NJ
Average High — January41.3°F
Average High — July86.8°F
Annual Precipitation48.1"
Annual Snowfall21.9"

Demographics

MetricRichwood, NJNational Avg
Population3,656—
Median Age38.938.9
Unemployment Rate7.4%3.7%
Avg Commute Time27.6 min26 min
White (non-Hispanic)92.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino3.7%18.9%
Asian0.0%6.3%
Under 1827.1%22.2%
65 and over8.8%16.8%

Nearby Cities

Mullica Hill, NJ 2 mi Pitman, NJ 3 mi Glassboro, NJ 3 mi Sewell, NJ 4 mi Wenonah, NJ 5 mi

ZIP Codes in Richwood

Richwood, NJ is covered by 2 ZIP codes:

08062 08074

Richwood vs Other Cities

Richwood, NJ vs Mullica Hill, NJ Richwood, NJ vs Pitman, NJ Richwood, NJ vs Glassboro, NJ Richwood, NJ vs Sewell, NJ Richwood, NJ vs Wenonah, NJ

Frequently Asked Questions

Richwood's cost of living index is 104, where 100 is the national average. That puts Richwood roughly 4% above the national average in cost. The median home price is $587,400 and median rent is N/A/month.
Richwood's violent crime rate is 41.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 226.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Richwood are operated by Clearview Regional High School District. The district has several elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 14.3:1. 67.6% of adults 25+ hold a bachelor's degree or higher.
Richwood, NJ has a population of 3,656, a median household income of $201,037, and an unemployment rate of 7.4%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Richwood averages 41.3°F in January and 86.8°F in July. Annual rainfall is 48.1 inches with about 21.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Richwood, NJ is covered by 2 ZIP codes: 08062, 08074.
The population of Richwood, New Jersey is 3,656 with a median age of 38.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Richwood: cost of living index 104 (100 = US average), median home $587,400, median household income $201,037, crime index 11 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Richwood side by side with your current city to see the trade-offs.