Cost of Living in Fort Lee, NJ
Population: 39,818 • 2026 Data
$105,535
Median Household Income
+36% vs national
$2,255
Median Monthly Rent
+67% vs national
$422,200
Median Home Value
+25% vs national
5.0%
Unemployment Rate
Housing in Fort Lee
The median home value in Fort Lee, NJ is $422,200. Monthly rent for a typical unit averages $2,255, while total monthly housing costs (including utilities and insurance) average $2,055.
Rent-to-income ratio: 25.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Fort Lee, NJ is $105,535. The unemployment rate stands at 5.0%, with a labor force of 21,329 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.