Glassboro, NJ 55+ Active Adult Retirement Communities

2 Communities in Glassboro

Overview 

Glassboro is a borough of Gloucester County, New Jersey with a rich history in glass manufacturing. The community takes pride in their past by preserving buildings and displaying monuments throughout the borough, while also continually revitalizing the downtown area with innovative plans to recreate a thriving metropolitan culture with all the benefits of a quiet, small-town environment. 

Climate and Geography

Glassboro's climate in Southern New Jersey is classified as humid continental, with four distinct seasons including hot, humid summers, and snowy winters. Summer temperatures may reach the high 80s in the hotter months like June and September. Winter temperatures are lowest in January and February with temperatures falling to the mid 20s. Yearly rain averages are 46 inches accumulated and snow is 17 inches of accumulation.

The borough's surrounding terrain is flat with sparsely wooded areas, and consists mostly of residential neighborhoods, with Philadelphia's suburbs located to the north. Large swaths of forest preserves and state parks are situated to the east and southeast, and the Delaware River is just a few miles to the west and north.

Recreation, Culture, & Entertainment 

Glassboro hosts many events throughout the year including art festivals and car shows. The downtown area has a selection of museums, dining, and entertainment options that are popular with locals. Some of the top attractions include The Heritage Glass Museum, Rowan University Art Gallery, Summit City Farms & Winery, Edelman Planetarium, South Jersey Museum of American History, Liberty Virtual Reality, Bonesaw Brewing Co., and Bob’s Little Sports Shop.  

For even more options Philadelphia is less than an hour away, perfect for a day trip or a weekend getaway.

Cost of Living & Taxes

The cost of living in Glassboro is lower than the state and national average. Factors like health care and housing are notably lower than the national average. Other factors like grocery, utilities, and transportation are higher than national averages. 

The effective income tax rate in New Jersey is 1.53 percent for single filers and 3.37 percent for joint filers. Retirement benefits like social security are not taxed, and military pensions and railroad retirement benefits are exempt from tax. Qualifying taxpayers may also exclude income from other retirement income like pensions, annuities, and IRAs. 

Health Care

Although there are no hospitals in Glassboro, the closest is Inspira Medical Center Woodbury, just nine miles away. Other high quality health care providers nearby include Virtua Voorhees Hospital, Our Lady of Lourdes Medical Center, Cooper University Health Care- Camden, Jefferson Health Stratford, Cherry Hill and Washington Township.

Can you spot the $207,744 difference between these identical homes?

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Financing is the difference!

Get the details in The 62+ Loan Homebuyer's Guide.

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