Cost of Living in North Haledon, NJ

Population 8,757 · New Jersey · Data vintage 2023

176
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

North Haledon is a smaller New Jersey community of around 9000 residents, where median household incomes of $131,810 and housing costs ($517,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

North Haledon is part of the immediate Paterson metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 54% higher than Paterson's $335,000.

Cost Overview

Housing 170
Rent 185

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

About the Cost of Living in North Haledon

The median home value in North Haledon is $517,200 — 70% above the national median of $305,000. Median rent runs $2,435/month, 85% higher than the national median of $1,314/month. The median household income of $131,810/year is 77% higher than the US median of $74,580. The local unemployment rate is 5.3%, 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, North Haledon has a cost of living index of 176 versus the US average of 100, meaning it is 76% more expensive.

🏠 Housing

Median Home Value
$517,200
70% above avg
Zillow Home Value
$246,661
Zillow ZHVI
Median Rent
$2,435/mo
85% above avg
Zillow Rent
$3,434/mo
Zillow ZORI
Price-to-Rent Ratio
17.7x
Favors buying
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 93.3%
Renter-occupied 6.7%

💰 Estimated Monthly Budget

Rent median rent
$2,435
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,049/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
35.5 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.4%

Commute Mode

Drove alone
68.3%
Carpooled
8.0%
Public transit
5.0%
Walked
1.7%
Work from home
15.4%

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
$131,810
77% above avg
Per Capita Income
$59,155
Unemployment Rate
5.3%
9% above avg
Poverty Rate
1.9%
Labor Force Participation
63.0%

🎓 Education

Bachelor's degree+ 25.8%
Graduate degree 13.4%

👥 Demographics

Median Age 46
Male median age 43.3
Female median age 48.5

🌤 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 42 — Good
68.3%
Good air days/yr
199
Max AQI recorded
220
PM2.5 days
133
Ozone days

Frequently Asked Questions

What is the cost of living in North Haledon, NJ?

North Haledon has a cost index of 176 (100 = national average). It is 76% above the national average.

What is average rent in North Haledon, NJ?

The median gross rent in North Haledon is $2,435 per month based on 2023 Census data.

What is the average home price in North Haledon?

The median home value in North Haledon is $517,200 according to Zillow and Census data.

What is the median income in North Haledon?

The median household income in North Haledon is $131,810 per year (2023 ACS 5-year estimates).

What is the sales tax in North Haledon, NJ?

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

Is North Haledon, NJ affordable?

North Haledon is above average in cost of living, with an index of 176 — about 76% higher than the national average.

What is the weather like in North Haledon?

North Haledon 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.

North Haledon at a Glance

Population
8,757
Median Income
$131,810
Home Value
$517,200
Median Rent
$2,435/mo
Unemployment
5.3%
Avg High Temp
62.4°F
Sales Tax
6.6%
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