Cost of Living in Kinnelon, NJ

Population 9,971 · New Jersey · Data vintage 2023

205
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Kinnelon sits 124% above the national median — $683,000 for the typical home — but median household incomes near $178,102 (139% above the US figure) soften the blow that similar pricing creates in lower-wage metros. At 9.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 13 miles west of Paterson, Kinnelon falls within that metro's commuting orbit. Median home values run roughly 104% higher than Paterson's $335,000.

Cost Overview

Housing 224
Rent 176

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Kinnelon

The median home value in Kinnelon is $682,600 — 124% above the national median of $305,000. Median rent runs $2,307/month, 76% higher than the national median of $1,314/month. The median household income of $178,102/year is 139% higher than the US median of $74,580. The local unemployment rate is 9.4%, above the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 62.4°F and lows of 43.8°F. Overall, Kinnelon has a cost of living index of 205 versus the US average of 100, meaning it is 105% more expensive.

🏠 Housing

Median Home Value
$682,600
124% above avg
Zillow Home Value
$807,381
Zillow ZHVI
Median Rent
$2,307/mo
76% above avg
Price-to-Rent Ratio
24.7x
Favors renting
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 92.8%
Renter-occupied 7.2%

💰 Estimated Monthly Budget

Rent median rent
$2,307
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,921/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
39.3 min
46% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.5%

Commute Mode

Drove alone
68.4%
Carpooled
7.0%
Public transit
5.0%
Walked
0.1%
Work from home
19.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$178,102
139% above avg
Per Capita Income
$79,136
Unemployment Rate
9.4%
96% above avg
Poverty Rate
2.0%
Labor Force Participation
68.9%

🎓 Education

Bachelor's degree+ 42.2%
Graduate degree 24.3%

👥 Demographics

Median Age 42.4
Male median age 38.6
Female median age 46.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.4°F
Avg Low
43.8°F
Annual Precip
44.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384149627281858476655343
Low °F 232431415160666457453528
Precip" 3.042.554.073.713.394.274.334.493.723.973.304.04

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
86.5%
Good air days/yr
154
Max AQI recorded
39
PM2.5 days
311
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
10.5:1
Student-teacher ratio
4
Public schools
1,728
Total enrollment

Frequently Asked Questions

What is the cost of living in Kinnelon, NJ?

Kinnelon has a cost index of 205 (100 = national average). It is 105% above the national average.

What is average rent in Kinnelon, NJ?

The median gross rent in Kinnelon is $2,307 per month based on 2023 Census data.

What is the average home price in Kinnelon?

The median home value in Kinnelon is $682,600 according to Zillow and Census data.

What is the median income in Kinnelon?

The median household income in Kinnelon is $178,102 per year (2023 ACS 5-year estimates).

What is the sales tax in Kinnelon, NJ?

The combined state and local sales tax rate in Kinnelon is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Kinnelon, NJ affordable?

Kinnelon is above average in cost of living, with an index of 205 — about 105% higher than the national average.

What is the weather like in Kinnelon?

Kinnelon has average high temperatures of 62.4°F and average lows of 43.8°F. Annual precipitation is 44.9". Data from NOAA 1991–2020 Climate Normals.

Kinnelon at a Glance

Population
9,971
Median Income
$178,102
Home Value
$682,600
Median Rent
$2,307/mo
Unemployment
9.4%
Avg High Temp
62.4°F
Sales Tax
6.6%
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