Everything You Should Know Before Moving to Lower Bank, NJ
Considering a move to Lower Bank, NJ? This small, peaceful community of about 400 residents features affordable housing, with median home prices around $265,000 and rents near $1,250. The area boasts low crime rates, a commute time averaging 34 minutes, and a high owner-occupancy rate. Residents enjoy plenty of sunny days, access to quality local schools, and the charm of rural living—all while being within reasonable reach of major hospitals and higher education options. Lower Bank is ideal for those seeking tranquility and value in South Jersey.
Demographics - Lower Bank, NJ
Demographics - Lower Bank, NJ
Lower Bank is a small, close-knit community of about 400 residents, with a median age of 47.5, reflecting a mature population. The area has a predominantly White demographic, and the low population density offers a peaceful, rural setting for families and retirees. A gender ratio close to parity and a moderate percentage of non-English speakers contribute to a balanced, welcoming atmosphere.
Population:
400
Density:
30 per sq mi
Median Age:
47.5
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
6.5%

Ethnic Composition
White:
92.0%
Black:
3.0%
Asian:
1.5%
Others:
3.5%
Cost Of Living
What is the average cost of living in Lower Bank, NJ?
The cost of living in Lower Bank is slightly above the national average, with a median home value of $265,000 and average rent around $1,250 per month. Utility costs and transportation are also moderate, making the area affordable for both homeowners and renters. State taxes range from 1.4% to 10.75%, which may affect budgeting for new residents.
Median House Value:
$265,000
Gross Rent:
$1,250
Monthly Electricity Charges:
$125
Auto Insurance:
$1,540
House Owner Cost With Mortgage:
$1,475
House Owner Cost Without Mortgage:
$610
State Taxes:
Low:
1.4%
|
High:
10.75%
Cost Of Living Index:
104.7
Grocery:
102.1
Housing:
96.4
Utilities:
108.7
Transportation:
105.6
Health Care:
102.2
Miscellaneous:
101.0
Crime
Is Lower Bank, NJ a safe place to live?
Lower Bank enjoys a low crime rate, with violent crime affecting roughly 1 in 1,200 residents and property crime at 1 in 106. These figures indicate a safe environment, providing peace of mind for families and individuals looking for security. The community's small size and rural nature help contribute to its overall safety.
Violent Crimes Per 100k:
82
Property Crimes Per 100k:
940
Crime Index:
1,022
Chance Of Violent Crime:
1 in 1,200
Chance Of Property Crime:
1 in 106
Weather
What is the weather like in Lower Bank, NJ year-round?
Residents experience four distinct seasons, with mild summers reaching highs of 85°F and winters dropping to 25°F. The area receives about 45 inches of rainfall annually and enjoys sunshine 60% of the year, making it ideal for those who appreciate outdoor activities and changing seasons.

Winter
Min:
25°F
Max:
41°F

Spring
Min:
44°F
Max:
66°F

Summer
Min:
64°F
Max:
85°F

Fall
Min:
48°F
Max:
70°F
Average Rainfall Inches:
45.0 inches
Sunny Days Percentage:
60%
Neighbors
Households in Lower Bank typically earn a median income of $69,200, with a family income of $74,500, reflecting stable local economics. The area has a low unemployment rate of 5.1% and a poverty rate under 9%, while most adults have completed high school and about a quarter hold a bachelor's degree or higher. Commute times average 34 minutes, and public transportation usage is minimal, highlighting the community’s car-oriented lifestyle.
Median Income:
$34,500
Household Income:
$69,200
Family Income:
$74,500
Per Capita Income:
$31,800
Income Male:
$42,100
Income Female:
$31,200
Poverty Rate:
8.7%
Non English Speakers:
6.5%
Rent:
$1,250
Unemployment Rate:
5.1%
Public Transport Usage:
0.5%
Commute Time:
34.2 minutes

Education
High School or Higher:
91.3%
Bachelors or More:
25.8%
Education
How are the schools in Lower Bank, NJ?
Families in Lower Bank benefit from access to quality public and private schools, including Mullica Township Elementary and Cedar Creek High School, both known for low student-teacher ratios. The community is also near higher education institutions such as Stockton University and Atlantic Cape Community College, offering convenient options for continuing education. Local schools support a strong educational foundation for students of all ages.

Public Schools
Name:
Mullica Township Elementary School
Street:
500 Elwood Rd, Elwood, NJ 08217
Phone:
609-561-3868
Students:
670
Student Teacher Ratio:
11.9
Name:
Cedar Creek High School
Street:
1701 New York Ave, Egg Harbor City, NJ 08215
Phone:
609-593-3560
Students:
930
Student Teacher Ratio:
13.5

Private Schools
Name:
Pilgrim Academy
Street:
301 W White Horse Pike, Egg Harbor City, NJ 08215
Phone:
609-965-2866
Students:
320

Colleges
Name:
Stockton University
City:
Galloway
State:
NJ
Distance:
18 miles
Students:
9,000
Name:
Atlantic Cape Community College
City:
Mays Landing
State:
NJ
Distance:
20 miles
Students:
6,000
Healthcare
Lower Bank residents have convenient access to major hospitals such as AtlantiCare Regional Medical Center and Virtua Memorial Hospital, both offering emergency services within a short drive. With 2.5 physicians per 1,000 people and 91% health insurance coverage, healthcare needs are well-supported. The area maintains a favorable healthcare index, ensuring quality services for families and seniors.

Major Hospitals
Name:
AtlantiCare Regional Medical Center
Address:
1925 Pacific Ave, Atlantic City, NJ 08401
Phone:
(609) 345-4000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Virtua Memorial Hospital
Address:
175 Madison Ave, Mount Holly, NJ 08060
Phone:
(609) 914-6000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.5
Health Insurance Coverage:
91.0%
Health Care Index:
77.2
Housing Market
What is the housing market like in Lower Bank, NJ?
Lower Bank's housing market is largely owner-occupied, with 88% of homes owned and a median price of $265,000. The area sees steady appreciation, with home values increasing by 4.2% over the past year, and rental options remain accessible with low vacancy rates. This stable market appeals to both buyers and renters looking for long-term value.
Median Home Price:
$265,000
Average Rent For 2 Bedroom:
$1,250
Owner Occupied Rate:
88.0%
Rental Vacancy Rate:
7.0%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
0.7%
Foreclosure Rate:
0.7%
DMV Information
DMV services for Lower Bank residents are provided by the New Jersey Motor Vehicle Commission, located in Trenton and accessible online. The commission handles licensing, registration, and vehicle services for the area. Residents can find more information and manage appointments via the official state website.
State:
New Jersey
Department:
New Jersey Motor Vehicle Commission
Address:
225 E. State Street, Trenton, NJ 08666
Phone:
1-609-292-6500
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.