Cost of Living in Ledgewood, NJ
Population 5,150 · New Jersey · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Ledgewood a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $454,000. Unemployment has stayed elevated relative to the national figure — 17.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 25 miles west of Paterson, Ledgewood falls within that metro's commuting orbit. Median home values run roughly 35% higher than Paterson's $335,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Ledgewood
The median home value in Ledgewood is $454,100 — 49% above the national median of $305,000. Median rent runs $1,570/month, 19% higher than the national median of $1,314/month. The median household income of $125,000/year is 68% higher than the US median of $74,580. The local unemployment rate is 17.3%, 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 60.7°F and lows of 40.2°F. Overall, Ledgewood has a cost of living index of 137 versus the US average of 100, meaning it is 37% more expensive.
Ledgewood has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 39 | 48 | 61 | 71 | 79 | 84 | 82 | 74 | 63 | 52 | 41 |
| Low °F | 19 | 20 | 28 | 38 | 48 | 57 | 62 | 60 | 52 | 42 | 32 | 25 |
| Precip" | 3.27 | 2.83 | 4.07 | 3.78 | 3.83 | 4.54 | 5.06 | 4.85 | 4.32 | 4.64 | 3.43 | 4.18 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Ledgewood, NJ?
Ledgewood has a cost index of 137 (100 = national average). It is 37% above the national average.
What is average rent in Ledgewood, NJ?
The median gross rent in Ledgewood is $1,570 per month based on 2023 Census data.
What is the average home price in Ledgewood?
The median home value in Ledgewood is $454,100 according to 2023 Census ACS data.
What is the median income in Ledgewood?
The median household income in Ledgewood is $125,000 per year (2023 ACS 5-year estimates).
What is the sales tax in Ledgewood, NJ?
The combined state and local sales tax rate in Ledgewood is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Ledgewood, NJ affordable?
Ledgewood is above average in cost of living, with an index of 137 — about 37% higher than the national average.
What is the weather like in Ledgewood?
Ledgewood has average high temperatures of 60.7°F and average lows of 40.2°F. Annual precipitation is 48.8". Data from NOAA 1991–2020 Climate Normals.
Ledgewood at a Glance
- Population
- 5,150
- Median Income
- $125,000
- Home Value
- $454,100
- Median Rent
- $1,570/mo
- Unemployment
- 17.3%
- Avg High Temp
- 60.7°F
- Sales Tax
- 6.6%
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New Jersey Rankings
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