Living in Wayne, New Jersey
Cost of living, income, home prices, rent and demographics of Wayne · Census data 2020–2024
Wayne has 53,756 residents with a median age of 41. The median household income is $153,056 (48% higher than the New Jersey median), the median home value is $612,700, the median rent is $2,164/month.
Wayne at a glance
- Population
- 53,756
- Median age
- 41State: 40.1
- Median household income
- $153,056State: $103,556
- Median home value
- $612,700State: $454,400
- Median rent
- $2,164/moState: $1,720
- Homeowners
- 78.6%
- Bachelor's degree or higher
- 56.8%
- Average commute
- 29 min
Is Wayne a good place to live?
Pros: Median household income 48% higher than the New Jersey median; an average commute of 29 minutes; unemployment of 4.9%; a poverty rate of 3.4%.
Cons: Home values 35% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Wayne
Housing is the biggest part of the cost of living. In Wayne the median home value is $612,700, 84% higher than the U.S. median. Renters pay a median of $2,164 per month, which is 29% of household income. Homeowners with a mortgage pay $3,580 a month in housing costs.
Wayne median household income
The median household income in Wayne is $153,056 and the income per person is $64,757. 3.4% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Wayne: homes for sale and rent
- Housing units
- 18,938
- Owner-occupied
- 78.6%
- Renter-occupied
- 21.4%
- Vacant
- 3.2%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 2.82
Wayne demographics
- Population
- 53,756
- Median age
- 41
- Under 18
- 22%
- 65 and older
- 19.5%
- Households
- 18,341
- Foreign-born
- 20%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Wayne ›
Education in Wayne
56.8% of adults 25 and older in Wayne have a bachelor's degree or higher (New Jersey: 43.6%), and 22.5% have a graduate or professional degree.
Jobs and commute in Wayne
- Unemployment rate
- 4.9%State: 6.3%
- Average commute
- 29 minState: 31 min
- Work from home
- 20.7%
- Drive alone
- 67.7%
- Public transit
- 4.4%
- Walk to work
- 1.5%
- Homes with broadband
- 95.5%
Wayne vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wayne | 53,756 | $153,056 | $612,700 | $2,164 |
| Packanack Lake | 6,321 | $213,103 | $601,000 | $3,501 |
| Preakness | 18,520 | $133,205 | $617,700 | $1,918 |
| Haledon | 8,980 | $95,870 | $396,400 | $1,750 |
| Totowa | 10,959 | $113,563 | $559,300 | $2,072 |
| North Haledon | 8,778 | $125,313 | $547,600 | $2,369 |
| Pequannock | 15,641 | $120,666 | $553,200 | $2,753 |
| Pompton Plains | 10,971 | $117,959 | $539,000 | $3,129 |
| Lincoln Park | 10,957 | $123,397 | $443,300 | $1,857 |
More for people moving to Wayne
Wayne ZIP code ›Weather and climate ›Living in Wayne: FAQ
What is the median household income in Wayne, NJ?
The median household income in Wayne is $153,056, 48% 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 Wayne?
The median home value in Wayne is $612,700, compared with $454,400 in New Jersey.
How much is rent in Wayne?
The median gross rent in Wayne is $2,164 per month, about 29% of household income.
Is Wayne, NJ a good place to live?
Pluses: median household income 48% higher than the New Jersey median; an average commute of 29 minutes; unemployment of 4.9%; a poverty rate of 3.4%. Minuses: home values 35% higher than the state median.
What is the median age in Wayne?
The median age in Wayne is 41 years (New Jersey: 40.1).
How long is the commute in Wayne?
The average commute to work in Wayne is 29 minutes; 20.7% of workers work from home.
What is the unemployment rate in Wayne?
The unemployment rate in Wayne is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wayne?
56.8% of adults in Wayne 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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