Cost of Living in Bayonne, NJ
Population: 70,468 • 2026 Data
$81,285
Median Household Income
+5% vs national
$1,593
Median Monthly Rent
+18% vs national
$446,100
Median Home Value
+32% vs national
5.6%
Unemployment Rate
Housing in Bayonne
The median home value in Bayonne, NJ is $446,100. Monthly rent for a typical unit averages $1,593, while total monthly housing costs (including utilities and insurance) average $1,742.
Rent-to-income ratio: 23.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Bayonne, NJ is $81,285. The unemployment rate stands at 5.6%, with a labor force of 36,506 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.