Cost of Living in Hackensack, NJ

Population: 45,768 • 2026 Data

$82,212
Median Household Income
+6% vs national
$1,794
Median Monthly Rent
+33% vs national
$370,300
Median Home Value
+9% vs national
6.5%
Unemployment Rate

Housing in Hackensack

The median home value in Hackensack, NJ is $370,300. Monthly rent for a typical unit averages $1,794, while total monthly housing costs (including utilities and insurance) average $1,908.

Rent-to-income ratio: 26.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Hackensack, NJ is $82,212. The unemployment rate stands at 6.5%, with a labor force of 27,600 people.

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov