Living in Oak Valley, New Jersey
Cost of living, income, home prices, rent and demographics of Oak Valley · Census data 2020–2024
Oak Valley has 4,413 residents with a median age of 32.7. The median household income is $93,472 (10% lower than the New Jersey median), the median home value is $242,600, the median rent is $969/month.
Oak Valley at a glance
- Population
- 4,413
- Median age
- 32.7State: 40.1
- Median household income
- $93,472State: $103,556
- Median home value
- $242,600State: $454,400
- Median rent
- $969/moState: $1,720
- Homeowners
- 86.8%
- Bachelor's degree or higher
- 17.8%
- Average commute
- 27 min
Is Oak Valley a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 27 minutes; unemployment of 0.3%.
Cons: Median household income 10% lower than the New Jersey median; a poverty rate of 16.2%.
The weather is best in May–June and August–September.
Cost of living in Oak Valley
Housing is the biggest part of the cost of living. In Oak Valley the median home value is $242,600, 27% lower than the U.S. median. Renters pay a median of $969 per month, which is 51% of household income. Homeowners with a mortgage pay $1,993 a month in housing costs.
Oak Valley median household income
The median household income in Oak Valley is $93,472 and the income per person is $32,860. 16.2% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Oak Valley: homes for sale and rent
- Housing units
- 1,295
- Owner-occupied
- 86.8%
- Renter-occupied
- 13.2%
- Vacant
- 2.5%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 3.50
Oak Valley demographics
- Population
- 4,413
- Median age
- 32.7
- Under 18
- 31.4%
- 65 and older
- 11.5%
- Households
- 1,262
- Foreign-born
- 3.5%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Oak Valley ›
Education in Oak Valley
17.8% of adults 25 and older in Oak Valley have a bachelor's degree or higher (New Jersey: 43.6%), and 3.6% have a graduate or professional degree.
Jobs and commute in Oak Valley
- Unemployment rate
- 0.3%State: 6.3%
- Average commute
- 27 minState: 31 min
- Work from home
- 13.3%
- Drive alone
- 76.5%
- Public transit
- 1%
- Walk to work
- 1.1%
- Homes with broadband
- 94.1%
Oak Valley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oak Valley | 4,413 | $93,472 | $242,600 | $969 |
| Woodbury Heights | 3,117 | $123,083 | $283,400 | $1,325 |
| Wenonah | 2,261 | $131,667 | $377,800 | — |
| Woodbury | 10,042 | $77,028 | $222,700 | $990 |
| Deptford | 32,263 | $91,706 | $277,100 | $1,661 |
| Sewell | 2,982 | $140,600 | $347,500 | — |
| West Deptford | 22,416 | $93,895 | $294,200 | $1,511 |
| Mantua | 15,404 | $121,875 | $334,500 | $1,579 |
| Thorofare | 2,348 | $88,438 | $282,600 | $1,915 |
More for people moving to Oak Valley
Oak Valley ZIP code ›Weather and climate ›Living in Oak Valley: FAQ
What is the median household income in Oak Valley, NJ?
The median household income in Oak Valley is $93,472, 10% lower than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Oak Valley?
The median home value in Oak Valley is $242,600, compared with $454,400 in New Jersey.
How much is rent in Oak Valley?
The median gross rent in Oak Valley is $969 per month, about 51% of household income.
Is Oak Valley, NJ a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 27 minutes; unemployment of 0.3%. Minuses: median household income 10% lower than the New Jersey median; a poverty rate of 16.2%.
What is the median age in Oak Valley?
The median age in Oak Valley is 32.7 years (New Jersey: 40.1).
How long is the commute in Oak Valley?
The average commute to work in Oak Valley is 27 minutes; 13.3% of workers work from home.
What is the unemployment rate in Oak Valley?
The unemployment rate in Oak Valley is 0.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oak Valley?
17.8% of adults in Oak Valley have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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