Living in Hackensack, New Jersey
Cost of living, income, home prices, rent and demographics of Hackensack · Census data 2020–2024
Hackensack has 46,057 residents with a median age of 41.8. The median household income is $84,277 (19% lower than the New Jersey median), the median home value is $393,700, the median rent is $1,911/month.
Hackensack at a glance
- Population
- 46,057
- Median age
- 41.8State: 40.1
- Median household income
- $84,277State: $103,556
- Median home value
- $393,700State: $454,400
- Median rent
- $1,911/moState: $1,720
- Homeowners
- 36.6%
- Bachelor's degree or higher
- 42.1%
- Average commute
- 29 min
Is Hackensack a good place to live?
Pros: Home values 13% lower than the state median; an average commute of 29 minutes.
Cons: Median household income 19% lower than the New Jersey median; unemployment of 7.7%; a poverty rate of 12.1%.
The weather is best in May–June and August–September.
Cost of living in Hackensack
Housing is the biggest part of the cost of living. In Hackensack the median home value is $393,700, 18% higher than the U.S. median. Renters pay a median of $1,911 per month, which is 30.9% of household income. Homeowners with a mortgage pay $2,921 a month in housing costs.
Hackensack median household income
The median household income in Hackensack is $84,277 and the income per person is $49,360. 12.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Hackensack: homes for sale and rent
- Housing units
- 21,361
- Owner-occupied
- 36.6%
- Renter-occupied
- 63.4%
- Vacant
- 5.4%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.20
Hackensack demographics
- Population
- 46,057
- Median age
- 41.8
- Under 18
- 14.7%
- 65 and older
- 18.1%
- Households
- 20,214
- Foreign-born
- 42.7%
- Veterans
- 2.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Hackensack ›
Education in Hackensack
42.1% of adults 25 and older in Hackensack have a bachelor's degree or higher (New Jersey: 43.6%), and 16.2% have a graduate or professional degree.
Jobs and commute in Hackensack
- Unemployment rate
- 7.7%State: 6.3%
- Average commute
- 29 minState: 31 min
- Work from home
- 14.4%
- Drive alone
- 55.8%
- Public transit
- 11.7%
- Walk to work
- 5.5%
- Homes with broadband
- 94.6%
Hackensack vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hackensack | 46,057 | $84,277 | $393,700 | $1,911 |
| Maywood | 10,093 | $117,912 | $533,500 | $1,854 |
| Bogota | 9,360 | $103,299 | $501,600 | $1,941 |
| South Hackensack | 2,770 | $84,527 | $546,500 | $1,924 |
| Teaneck | 41,876 | $144,075 | $546,100 | $1,832 |
| Rochelle Park | 5,869 | $110,380 | $498,500 | $1,819 |
| Lodi | 26,082 | $89,305 | $475,000 | $1,714 |
| Hasbrouck Heights | 12,115 | $123,734 | $552,900 | $1,700 |
| Teterboro | 136 | $24,904 | — | $1,982 |
More for people moving to Hackensack
Hackensack ZIP code ›Weather and climate ›Living in Hackensack: FAQ
What is the median household income in Hackensack, NJ?
The median household income in Hackensack is $84,277, 19% lower 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 Hackensack?
The median home value in Hackensack is $393,700, compared with $454,400 in New Jersey.
How much is rent in Hackensack?
The median gross rent in Hackensack is $1,911 per month, about 30.9% of household income.
Is Hackensack, NJ a good place to live?
Pluses: home values 13% lower than the state median; an average commute of 29 minutes. Minuses: median household income 19% lower than the New Jersey median; unemployment of 7.7%; a poverty rate of 12.1%.
What is the median age in Hackensack?
The median age in Hackensack is 41.8 years (New Jersey: 40.1).
How long is the commute in Hackensack?
The average commute to work in Hackensack is 29 minutes; 14.4% of workers work from home.
What is the unemployment rate in Hackensack?
The unemployment rate in Hackensack is 7.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hackensack?
42.1% of adults in Hackensack 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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