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Gloucester County, NJ

Washington

RANK #350 / 996 NAT  ·  #5 / 21 NJ  ·  POP 302,621

1YR FORECAST: +2.8%

5YR OUTLOOK: +27%

#46 Best Rental Yield
Our model projects above-average housing market growth for Gloucester County at +2.8% over the next year.

[01] Why Gloucester County?

Gloucester County, New Jersey, distinguishes itself with its blend of historical significance and natural beauty. Woodbury, the county seat, founded in 1683, is the county's oldest municipality. The county is located in South Jersey, bordering Philadelphia across the Delaware River, with a commute to Center City taking approximately 25 to 30 minutes by car. This area features coastal plains and low-lying rivers, offering outdoor recreation opportunities at places like Scotland Run Park, which spans over 1,300 acres with an 80-acre lake for fishing and boating.

Life in Gloucester County often appeals to families and professionals, with many residents owning their homes. The public schools in the county are generally above average. The local economy is driven by sectors such as manufacturing, distribution, and healthcare. Agriculture also remains a traditional industry, supporting a growing food processing sector. The county has seen investment in infrastructure and technology, contributing to job growth in various industries.

[02] Market Snapshot

Housing Ratio
5.5x

Above national median (4.7x)

GDP Growth
+3.6%

Above national median

Home Prices
+4.0%

Outpacing national median

Climate & Terrain
-0.6

Below-average climate & terrain

Price/Rent
9x

Strong rental yield

Housing is fairly valued at 5.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Rowan University Education
    2,500+
  2. 2
    Inspira Health Network Healthcare
    1,000+
  3. 3
    Walmart Supercenter Retail
    500+
  4. 4
    Jefferson Health Healthcare
  5. 5
    Aryzta LA Brea Bakery Inc. Manufacturing
  6. 6
    Keller Williams Realty Finance
  7. 7
    Honda of Turnersville Retail
    250+
  8. 8
    Paulsboro Refinery LLC Energy
  9. 9
    Washington Township High School Education
  10. 10
    Johnson Matthey Inc. Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Gloucester County U.S. National

The Numbers

DEMOGRAPHICS
Population
302,621
+0.6% YoY
Median Household Income
$99,668
Median Home Value
$265,200
+4.02% 12mo
Median Rent
$1,435
Average Annual Pay
$58,070
+3.1% YoY
Employment
124,439
+1.6% YoY
Income-to-Home-Value
0.3758
More affordable than average
Migration Inflow
3.73%
of pop. from another state
Bachelor's Degree+
35.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$359,000
Days on Market
46
Moderate pace
Months of Supply
2.3
Seller's market
Sale-to-List Ratio
99.5%
Near asking price
Sold Above List
40.9%
Listings w/ Price Drops
19.0%
Building Permits (2024)
899
Single-Family Permits
787

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.7
per 100K · nat avg 6.3
Firearm Fatalities
5.2
per 100K · nat avg 14.8
Injury Deaths
87.4
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
41.7
Good
Good Air Days
76%
691 of 906 days
Unhealthy+ Days (3yr)
13
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
40
2022
42
2023
43
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$900M
TOTAL
PROJECT AMOUNT STATUS
Logan Township Data Center
Undisclosed
$500M Planned
American Tower Corp. Data Center (East Greenwich)
American Tower Corp.
$100M Proposed
EEW AOS Manufacturing Plant (Paulsboro Marine Terminal)
EEW AOS
$100M Operating
Paulsboro Marine Terminal Deepwater Port Expansion
Gloucester County
$100M Under Construction
Gloucester Data Center (Camden County, Gloucester Township)
Gloucester Data Center
$50M Operating
Gloucester County Solar Portfolio (multiple projects)
Various (53 SP Solar Trust, MN8 Energy LLC, Syncarpha Capital / Pacolet Milliken LLC, NJR Clean Energy Ventures)
$50M Operating/Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +3.6% 67 percentile
Population Growth +0.6% 57 percentile
Income Growth +6.9% 17 percentile
Vacancy Rate 0.6% 88 percentile
Home Price Change +4.0% 83 percentile
Rent Growth +3.7% 63 percentile
Price/Rent 9x 96 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Gloucester County, NJ a good place to move to?

With a Boom Town Index score of 65/100, Gloucester County sits in the upper half of all 996 ranked counties. Employment is expanding at +1.6%, and median household income stands at $99,668 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NJ.

Is Gloucester County affordable?

By national standards, Gloucester County is quite affordable. Homes here have a median value of $265,200, and the income-to-home-value ratio of 0.38 is well above the U.S. average — especially with median rent at just $1,435/month. Residents can generally buy a home without being cost-burdened.

Is Gloucester County growing or shrinking?

Gloucester County is growing on multiple fronts. Population is up +0.6% year-over-year while employers added jobs at a +1.6% clip — and home values reflect that momentum, rising +4.0% over the past 12 months.

Are people moving to Gloucester County?

There's a moderate stream of newcomers. About 3.73% of residents moved from another state, which is above average and suggests Gloucester County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Camden County, NJ 65 Passaic County, NJ 70 Atlantic County, NJ 58 Union County, NJ 50 Ocean County, NJ 48 Salem County, NJ 84 Ottawa County, MI 65 St. Clair County, IL 65