Living in Pequannock, New Jersey
Cost of living, income, home prices, rent and demographics of Pequannock · Census data 2020–2024
Pequannock has 15,641 residents with a median age of 48.7. The median household income is $120,666 (17% higher than the New Jersey median), the median home value is $553,200, the median rent is $2,753/month.
Pequannock at a glance
- Population
- 15,641
- Median age
- 48.7State: 40.1
- Median household income
- $120,666State: $103,556
- Median home value
- $553,200State: $454,400
- Median rent
- $2,753/moState: $1,720
- Homeowners
- 83%
- Bachelor's degree or higher
- 54%
- Average commute
- 28 min
Is Pequannock a good place to live?
Pros: Median household income 17% higher than the New Jersey median; an average commute of 28 minutes; unemployment of 4.1%; a poverty rate of 4.6%.
Cons: Home values 22% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Pequannock
Housing is the biggest part of the cost of living. In Pequannock the median home value is $553,200, 66% higher than the U.S. median. Renters pay a median of $2,753 per month, which is 41.2% of household income. Homeowners with a mortgage pay $3,145 a month in housing costs.
Pequannock median household income
The median household income in Pequannock is $120,666 and the income per person is $66,866. 4.6% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Pequannock: homes for sale and rent
- Housing units
- 6,554
- Owner-occupied
- 83%
- Renter-occupied
- 17%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.46
Pequannock demographics
- Population
- 15,641
- Median age
- 48.7
- Under 18
- 17.3%
- 65 and older
- 30.2%
- Households
- 6,268
- Foreign-born
- 9.1%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Pequannock ›
Education in Pequannock
54% of adults 25 and older in Pequannock have a bachelor's degree or higher (New Jersey: 43.6%), and 25.5% have a graduate or professional degree.
Jobs and commute in Pequannock
- Unemployment rate
- 4.1%State: 6.3%
- Average commute
- 28 minState: 31 min
- Work from home
- 19.3%
- Drive alone
- 70.5%
- Public transit
- 4%
- Walk to work
- 2.2%
- Homes with broadband
- 87%
Pequannock vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Pequannock | 15,641 | $120,666 | $553,200 | $2,753 |
| Pompton Plains | 10,971 | $117,959 | $539,000 | $3,129 |
| Riverdale | 4,112 | $102,950 | $395,900 | $2,424 |
| Lincoln Park | 10,957 | $123,397 | $443,300 | $1,857 |
| Pompton Lakes | 11,047 | $124,454 | $442,400 | $1,845 |
| Packanack Lake | 6,321 | $213,103 | $601,000 | $3,501 |
| Towaco | 5,612 | $205,636 | $701,300 | $1,950 |
| Butler | 8,133 | $111,557 | $442,500 | $1,599 |
| Pines Lake | 2,882 | $172,348 | $626,500 | — |
More for people moving to Pequannock
Pequannock ZIP code ›Weather and climate ›Living in Pequannock: FAQ
What is the median household income in Pequannock, NJ?
The median household income in Pequannock is $120,666, 17% 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 Pequannock?
The median home value in Pequannock is $553,200, compared with $454,400 in New Jersey.
How much is rent in Pequannock?
The median gross rent in Pequannock is $2,753 per month, about 41.2% of household income.
Is Pequannock, NJ a good place to live?
Pluses: median household income 17% higher than the New Jersey median; an average commute of 28 minutes; unemployment of 4.1%; a poverty rate of 4.6%. Minuses: home values 22% higher than the state median.
What is the median age in Pequannock?
The median age in Pequannock is 48.7 years (New Jersey: 40.1).
How long is the commute in Pequannock?
The average commute to work in Pequannock is 28 minutes; 19.3% of workers work from home.
What is the unemployment rate in Pequannock?
The unemployment rate in Pequannock is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pequannock?
54% of adults in Pequannock 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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