Living in Allendale, New Jersey

Cost of living, income, home prices, rent and demographics of Allendale · Census data 2020–2024

Allendale has 6,865 residents with a median age of 45.2. The median household income is $160,162 (55% higher than the New Jersey median), the median home value is $782,700, the median rent is $2,590/month.

Allendale at a glance

Population
6,865
Median age
45.2State: 40.1
Median household income
$160,162State: $103,556
Median home value
$782,700State: $454,400
Median rent
$2,590/moState: $1,720
Homeowners
81.4%
Bachelor's degree or higher
72.5%
Average commute
36 min

Is Allendale a good place to live?

Pros: Median household income 55% higher than the New Jersey median; unemployment of 4.1%; a poverty rate of 3.7%.

Cons: Home values 72% higher than the state median; an average commute of 36 minutes.

The weather is best in June to September.

Cost of living in Allendale

Housing is the biggest part of the cost of living. In Allendale the median home value is $782,700, 135% higher than the U.S. median. Renters pay a median of $2,590 per month, which is 28% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Allendale$782,700
New Jersey$454,400
United States$332,700

Median monthly rent

Allendale$2,590
New Jersey$1,720
United States$1,413

Allendale median household income

The median household income in Allendale is $160,162 and the income per person is $86,230. 3.7% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Allendale$160,162
New Jersey$103,556
United States$80,734

Housing in Allendale: homes for sale and rent

Housing units
2,690
Owner-occupied
81.4%
Renter-occupied
18.6%
Vacant
6.9%Includes seasonal homes
Median year built
1965
Average household size
2.70

Allendale demographics

Population
6,865
Median age
45.2
Under 18
26.7%
65 and older
20.9%
Households
2,504
Foreign-born
19.9%
Veterans
4%Adults 18+

Race and ethnicity

White73.4%
Hispanic or Latino3.1%
Black0.3%
Asian18.1%

Hispanic or Latino can be of any race. Population history of Allendale ›

Education in Allendale

72.5% of adults 25 and older in Allendale have a bachelor's degree or higher (New Jersey: 43.6%), and 33.9% have a graduate or professional degree.

Bachelor's degree or higher

Allendale72.5%
New Jersey43.6%
United States35.7%

Jobs and commute in Allendale

Unemployment rate
4.1%State: 6.3%
Average commute
36 minState: 31 min
Work from home
34.8%
Drive alone
52.2%
Public transit
10.2%
Walk to work
0.7%
Homes with broadband
98.3%

Allendale vs nearby towns

TownPopulationMedian incomeHome valueRent
Allendale6,865$160,162$782,700$2,590
Waldwick10,164$177,962$588,500$3,446
Ramsey14,805$160,996$697,300$2,245
Saddle River3,389$212,143$2,000,001$2,211
Midland Park7,019$146,841$607,200$1,853
Upper Saddle River8,439$250,001$1,108,700$3,501
Wyckoff17,050$203,988$925,700$2,567
Ho-Ho-Kus4,270$250,001$1,092,500$2,857
Ridgewood26,308$208,211$891,200$2,499

More for people moving to Allendale

Allendale ZIP code ›Weather and climate ›

Living in Allendale: FAQ

What is the median household income in Allendale, NJ?

The median household income in Allendale is $160,162, 55% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Allendale?

The median home value in Allendale is $782,700, compared with $454,400 in New Jersey.

How much is rent in Allendale?

The median gross rent in Allendale is $2,590 per month, about 28% of household income.

Is Allendale, NJ a good place to live?

Pluses: median household income 55% higher than the New Jersey median; unemployment of 4.1%; a poverty rate of 3.7%. Minuses: home values 72% higher than the state median; an average commute of 36 minutes.

What is the median age in Allendale?

The median age in Allendale is 45.2 years (New Jersey: 40.1).

How long is the commute in Allendale?

The average commute to work in Allendale is 36 minutes; 34.8% of workers work from home.

What is the unemployment rate in Allendale?

The unemployment rate in Allendale is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Allendale?

72.5% of adults in Allendale have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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