Living in Wanaque, New Jersey
Cost of living, income, home prices, rent and demographics of Wanaque · Census data 2020–2024
Wanaque has 11,206 residents with a median age of 47.2. The median household income is $113,175 (9% higher than the New Jersey median), the median home value is $400,700, the median rent is $1,778/month.
Wanaque at a glance
- Population
- 11,206
- Median age
- 47.2State: 40.1
- Median household income
- $113,175State: $103,556
- Median home value
- $400,700State: $454,400
- Median rent
- $1,778/moState: $1,720
- Homeowners
- 78.1%
- Bachelor's degree or higher
- 42%
- Average commute
- 30 min
Is Wanaque a good place to live?
Pros: Median household income 9% higher than the New Jersey median; home values 12% lower than the state median; an average commute of 30 minutes; unemployment of 4%; a poverty rate of 5.9%.
The weather is best in May–June and August–September.
Cost of living in Wanaque
Housing is the biggest part of the cost of living. In Wanaque the median home value is $400,700, 20% higher than the U.S. median. Renters pay a median of $1,778 per month, which is 28.9% of household income. Homeowners with a mortgage pay $2,788 a month in housing costs.
Wanaque median household income
The median household income in Wanaque is $113,175 and the income per person is $50,303. 5.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Wanaque: homes for sale and rent
- Housing units
- 4,450
- Owner-occupied
- 78.1%
- Renter-occupied
- 21.9%
- Vacant
- 1.1%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.46
Wanaque demographics
- Population
- 11,206
- Median age
- 47.2
- Under 18
- 15.6%
- 65 and older
- 23.4%
- Households
- 4,401
- Foreign-born
- 16.9%
- Veterans
- 2.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Wanaque ›
Education in Wanaque
42% of adults 25 and older in Wanaque have a bachelor's degree or higher (New Jersey: 43.6%), and 13.8% have a graduate or professional degree.
Jobs and commute in Wanaque
- Unemployment rate
- 4%State: 6.3%
- Average commute
- 30 minState: 31 min
- Work from home
- 8.2%
- Drive alone
- 78%
- Public transit
- 1.6%
- Walk to work
- 2%
- Homes with broadband
- 96.1%
Wanaque vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wanaque | 11,206 | $113,175 | $400,700 | $1,778 |
| Bloomingdale | 7,716 | $127,500 | $432,000 | $1,753 |
| Oakland | 12,768 | $162,019 | $591,300 | $1,383 |
| Pompton Lakes | 11,047 | $124,454 | $442,400 | $1,845 |
| Pines Lake | 2,882 | $172,348 | $626,500 | — |
| Riverdale | 4,112 | $102,950 | $395,900 | $2,424 |
| Butler | 8,133 | $111,557 | $442,500 | $1,599 |
| Ringwood | 11,657 | $152,414 | $449,800 | $1,750 |
| Macopin | 2,170 | $139,864 | $389,800 | $1,917 |
More for people moving to Wanaque
Wanaque ZIP code ›Weather and climate ›Living in Wanaque: FAQ
What is the median household income in Wanaque, NJ?
The median household income in Wanaque is $113,175, 9% 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 Wanaque?
The median home value in Wanaque is $400,700, compared with $454,400 in New Jersey.
How much is rent in Wanaque?
The median gross rent in Wanaque is $1,778 per month, about 28.9% of household income.
Is Wanaque, NJ a good place to live?
Pluses: median household income 9% higher than the New Jersey median; home values 12% lower than the state median; an average commute of 30 minutes; unemployment of 4%; a poverty rate of 5.9%.
What is the median age in Wanaque?
The median age in Wanaque is 47.2 years (New Jersey: 40.1).
How long is the commute in Wanaque?
The average commute to work in Wanaque is 30 minutes; 8.2% of workers work from home.
What is the unemployment rate in Wanaque?
The unemployment rate in Wanaque is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wanaque?
42% of adults in Wanaque 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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