Living in Thorofare, New Jersey

Cost of living, income, home prices, rent and demographics of Thorofare · Census data 2020–2024

Thorofare has 2,348 residents with a median age of 59.6. The median household income is $88,438 (15% lower than the New Jersey median), the median home value is $282,600, the median rent is $1,915/month.

Thorofare at a glance

Population
2,348
Median age
59.6State: 40.1
Median household income
$88,438State: $103,556
Median home value
$282,600State: $454,400
Median rent
$1,915/moState: $1,720
Homeowners
73.5%
Bachelor's degree or higher
26%
Average commute
39 min

Is Thorofare a good place to live?

Pros: Home values 38% lower than the state median; unemployment of 1.7%; a poverty rate of 7.7%.

Cons: Median household income 15% lower than the New Jersey median; an average commute of 39 minutes.

The weather is best in May–June and August–September.

Cost of living in Thorofare

Housing is the biggest part of the cost of living. In Thorofare the median home value is $282,600, 15% lower than the U.S. median. Renters pay a median of $1,915 per month, which is 43.4% of household income. Homeowners with a mortgage pay $1,866 a month in housing costs.

Median home value

Thorofare$282,600
New Jersey$454,400
United States$332,700

Median monthly rent

Thorofare$1,915
New Jersey$1,720
United States$1,413

Thorofare median household income

The median household income in Thorofare is $88,438 and the income per person is $53,895. 7.7% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Thorofare$88,438
New Jersey$103,556
United States$80,734

Housing in Thorofare: homes for sale and rent

Housing units
1,295
Owner-occupied
73.5%
Renter-occupied
26.5%
Vacant
3.2%Includes seasonal homes
Median year built
1998
Average household size
1.87

Thorofare demographics

Population
2,348
Median age
59.6
Under 18
10%
65 and older
38.7%
Households
1,253
Foreign-born
5.4%
Veterans
6.2%Adults 18+

Race and ethnicity

White89.2%
Hispanic or Latino3.2%
Black4.3%
Asian1.1%

Hispanic or Latino can be of any race. Population history of Thorofare ›

Education in Thorofare

26% of adults 25 and older in Thorofare have a bachelor's degree or higher (New Jersey: 43.6%), and 13.2% have a graduate or professional degree.

Bachelor's degree or higher

Thorofare26%
New Jersey43.6%
United States35.7%

Jobs and commute in Thorofare

Unemployment rate
1.7%State: 6.3%
Average commute
39 minState: 31 min
Work from home
5.8%
Drive alone
80.2%
Public transit
3.5%
Walk to work
1.3%
Homes with broadband
89.7%

Thorofare vs nearby towns

TownPopulationMedian incomeHome valueRent
Thorofare2,348$88,438$282,600$1,915
National Park3,044$82,838$219,500$1,355
West Deptford22,416$93,895$294,200$1,511
Paulsboro6,248$64,239$202,700$976
Woodbury10,042$77,028$222,700$990
Tinicum3,980$53,451$207,400$1,351
Westville4,310$70,639$196,000$1,171
Woodbury Heights3,117$123,083$283,400$1,325
Oak Valley4,413$93,472$242,600$969

More for people moving to Thorofare

Thorofare ZIP code ›Weather and climate ›

Living in Thorofare: FAQ

What is the median household income in Thorofare, NJ?

The median household income in Thorofare is $88,438, 15% 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 Thorofare?

The median home value in Thorofare is $282,600, compared with $454,400 in New Jersey.

How much is rent in Thorofare?

The median gross rent in Thorofare is $1,915 per month, about 43.4% of household income.

Is Thorofare, NJ a good place to live?

Pluses: home values 38% lower than the state median; unemployment of 1.7%; a poverty rate of 7.7%. Minuses: median household income 15% lower than the New Jersey median; an average commute of 39 minutes.

What is the median age in Thorofare?

The median age in Thorofare is 59.6 years (New Jersey: 40.1).

How long is the commute in Thorofare?

The average commute to work in Thorofare is 39 minutes; 5.8% of workers work from home.

What is the unemployment rate in Thorofare?

The unemployment rate in Thorofare is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Thorofare?

26% of adults in Thorofare 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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