Cost of Living in Lincoln Park, NJ
Population 10,901 · New Jersey · Data vintage 2023
(100 = US avg)
Lincoln Park is a smaller New Jersey community of around 11000 residents, where median household incomes of $119,000 and housing costs ($420,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 10.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Lincoln Park sits roughly 7 miles west of Paterson. Median home values run roughly 25% higher than Paterson's $335,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lincoln Park
The median home value in Lincoln Park is $419,500 — 38% above the national median of $305,000. Median rent runs $1,824/month, 39% higher than the national median of $1,314/month. The median household income of $119,000/year is 60% higher than the US median of $74,580. The local unemployment rate is 10.3%, 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 62.4°F and lows of 43.8°F. Overall, Lincoln Park has a cost of living index of 138 versus the US average of 100, meaning it is 38% more expensive.
🏠 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 | 38 | 41 | 49 | 62 | 72 | 81 | 85 | 84 | 76 | 65 | 53 | 43 |
| Low °F | 23 | 24 | 31 | 41 | 51 | 60 | 66 | 64 | 57 | 45 | 35 | 28 |
| Precip" | 3.04 | 2.55 | 4.07 | 3.71 | 3.39 | 4.27 | 4.33 | 4.49 | 3.72 | 3.97 | 3.30 | 4.04 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lincoln Park, NJ?
Lincoln Park has a cost index of 138 (100 = national average). It is 38% above the national average.
What is average rent in Lincoln Park, NJ?
The median gross rent in Lincoln Park is $1,824 per month based on 2023 Census data.
What is the average home price in Lincoln Park?
The median home value in Lincoln Park is $419,500 according to Zillow and Census data.
What is the median income in Lincoln Park?
The median household income in Lincoln Park is $119,000 per year (2023 ACS 5-year estimates).
What is the sales tax in Lincoln Park, NJ?
The combined state and local sales tax rate in Lincoln Park is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Lincoln Park, NJ affordable?
Lincoln Park is above average in cost of living, with an index of 138 — about 38% higher than the national average.
What is the weather like in Lincoln Park?
Lincoln Park 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.
Lincoln Park at a Glance
- Population
- 10,901
- Median Income
- $119,000
- Home Value
- $419,500
- Median Rent
- $1,824/mo
- Unemployment
- 10.3%
- Avg High Temp
- 62.4°F
- Sales Tax
- 6.6%
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New Jersey Rankings
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