This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Oak Valley page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 4,374, so Oak Valley should be compared with similar-size places before using broader New Jersey averages. Median household income is $90,563, so the best affordability read for Oak Valley is income versus housing, taxes, utilities, and insurance together.
Median home value is $226,000, so ownership costs in Oak Valley should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is not available in the current cache, so renters can compare Oak Valley against ownership costs and nearby rental markets.
Housing and Income Context
For Oak Valley, income is solid, so housing and taxes usually decide the budget picture. Home values sit in a moderate range where taxes and utilities still change the monthly math.
Use the home value, rent, and income fields together before deciding whether Oak Valley looks more favorable for renting, buying, or comparing with Woodbury, NJ.
Utility Cost Context
The residential electricity benchmark is $0.235/kWh, so Oak Valley households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Oak Valley is a New Jersey state-level EIA benchmark, so it should not be read as a local provider tariff.
For Oak Valley, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $6,027, so Oak Valley buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Oak Valley address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Oak Valley depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Oak Valley, especially when comparing with Woodbury, NJ.
Population and Demographics
Median age is 32.5, so Oak Valley may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 18.4%, so Oak Valley education context can be useful when reading labor-market and school sections.
Unemployment is 4.8%, so Oak Valley wage and job-market context should be compared with commute options and regional employment centers.
