Living in Teaneck, New Jersey
Cost of living, income, home prices, rent and demographics of Teaneck · Census data 2020–2024
Teaneck has 41,876 residents with a median age of 38.2. The median household income is $144,075 (39% higher than the New Jersey median), the median home value is $546,100, the median rent is $1,832/month.
Teaneck at a glance
- Population
- 41,876
- Median age
- 38.2State: 40.1
- Median household income
- $144,075State: $103,556
- Median home value
- $546,100State: $454,400
- Median rent
- $1,832/moState: $1,720
- Homeowners
- 77.5%
- Bachelor's degree or higher
- 57.2%
- Average commute
- 34 min
Is Teaneck a good place to live?
Pros: Median household income 39% higher than the New Jersey median; unemployment of 5.7%; a poverty rate of 5.6%.
Cons: Home values 20% higher than the state median; an average commute of 34 minutes.
The weather is best in May–June and August–September.
Cost of living in Teaneck
Housing is the biggest part of the cost of living. In Teaneck the median home value is $546,100, 64% higher than the U.S. median. Renters pay a median of $1,832 per month, which is 26.5% of household income. Homeowners with a mortgage pay $3,496 a month in housing costs.
Teaneck median household income
The median household income in Teaneck is $144,075 and the income per person is $62,638. 5.6% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Teaneck: homes for sale and rent
- Housing units
- 14,060
- Owner-occupied
- 77.5%
- Renter-occupied
- 22.5%
- Vacant
- 2.4%Includes seasonal homes
- Median year built
- 1950
- Average household size
- 3.00
Teaneck demographics
- Population
- 41,876
- Median age
- 38.2
- Under 18
- 22.5%
- 65 and older
- 17.8%
- Households
- 13,716
- Foreign-born
- 27.1%
- Veterans
- 3.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Teaneck ›
Education in Teaneck
57.2% of adults 25 and older in Teaneck have a bachelor's degree or higher (New Jersey: 43.6%), and 27.8% have a graduate or professional degree.
Jobs and commute in Teaneck
- Unemployment rate
- 5.7%State: 6.3%
- Average commute
- 34 minState: 31 min
- Work from home
- 21.3%
- Drive alone
- 48.8%
- Public transit
- 15.2%
- Walk to work
- 2%
- Homes with broadband
- 97%
Teaneck vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Teaneck | 41,876 | $144,075 | $546,100 | $1,832 |
| Bogota | 9,360 | $103,299 | $501,600 | $1,941 |
| Hackensack | 46,057 | $84,277 | $393,700 | $1,911 |
| Englewood | 29,638 | $102,571 | $544,100 | $1,977 |
| Leonia | 9,336 | $129,665 | $672,900 | $2,073 |
| Bergenfield | 28,450 | $130,045 | $491,500 | $1,752 |
| Ridgefield Park | 13,235 | $100,718 | $496,700 | $1,731 |
| South Hackensack | 2,770 | $84,527 | $546,500 | $1,924 |
| Maywood | 10,093 | $117,912 | $533,500 | $1,854 |
More for people moving to Teaneck
Teaneck ZIP code ›Weather and climate ›Living in Teaneck: FAQ
What is the median household income in Teaneck, NJ?
The median household income in Teaneck is $144,075, 39% 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 Teaneck?
The median home value in Teaneck is $546,100, compared with $454,400 in New Jersey.
How much is rent in Teaneck?
The median gross rent in Teaneck is $1,832 per month, about 26.5% of household income.
Is Teaneck, NJ a good place to live?
Pluses: median household income 39% higher than the New Jersey median; unemployment of 5.7%; a poverty rate of 5.6%. Minuses: home values 20% higher than the state median; an average commute of 34 minutes.
What is the median age in Teaneck?
The median age in Teaneck is 38.2 years (New Jersey: 40.1).
How long is the commute in Teaneck?
The average commute to work in Teaneck is 34 minutes; 21.3% of workers work from home.
What is the unemployment rate in Teaneck?
The unemployment rate in Teaneck is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Teaneck?
57.2% of adults in Teaneck 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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