Cost of Living in Pompton Lakes, NJ

Population 11,010 · New Jersey · Data vintage 2023

136
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Pompton Lakes sits on the smaller end of the New Jersey city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 9 miles northwest of Paterson, Pompton Lakes falls within that metro's commuting orbit. Median home values run roughly 23% higher than Paterson's $335,000.

Cost Overview

Housing 135
Rent 139

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

About the Cost of Living in Pompton Lakes

The median home value in Pompton Lakes is $411,100 — 35% above the national median of $305,000. Median rent runs $1,822/month, 39% higher than the national median of $1,314/month. The median household income of $119,038/year is 60% higher than the US median of $74,580. The local unemployment rate is 3.9%, below 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, Pompton Lakes has a cost of living index of 136 versus the US average of 100, meaning it is 36% more expensive.

🏠 Housing

Median Home Value
$411,100
35% above avg
Zillow Home Value
$539,112
Zillow ZHVI
Median Rent
$1,822/mo
39% above avg
Price-to-Rent Ratio
18.8x
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 79.6%
Renter-occupied 20.4%

💰 Estimated Monthly Budget

Rent median rent
$1,822
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,436/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
32.0 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.8%

Commute Mode

Drove alone
80.8%
Carpooled
3.2%
Public transit
4.5%
Walked
1.6%
Work from home
9.8%

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
$119,038
60% above avg
Per Capita Income
$52,389
Unemployment Rate
3.9%
19% below avg
Poverty Rate
9.7%
Labor Force Participation
73.7%

🎓 Education

Bachelor's degree+ 26.2%
Graduate degree 15.1%

👥 Demographics

Median Age 39.4
Male median age 36.4
Female median age 43.6

🌤 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

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
12.2:1
Student-teacher ratio
4
Public schools
1,726
Total enrollment

Frequently Asked Questions

What is the cost of living in Pompton Lakes, NJ?

Pompton Lakes has a cost index of 136 (100 = national average). It is 36% above the national average.

What is average rent in Pompton Lakes, NJ?

The median gross rent in Pompton Lakes is $1,822 per month based on 2023 Census data.

What is the average home price in Pompton Lakes?

The median home value in Pompton Lakes is $411,100 according to Zillow and Census data.

What is the median income in Pompton Lakes?

The median household income in Pompton Lakes is $119,038 per year (2023 ACS 5-year estimates).

What is the sales tax in Pompton Lakes, NJ?

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

Is Pompton Lakes, NJ affordable?

Pompton Lakes is above average in cost of living, with an index of 136 — about 36% higher than the national average.

What is the weather like in Pompton Lakes?

Pompton Lakes 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.

Pompton Lakes at a Glance

Population
11,010
Median Income
$119,038
Home Value
$411,100
Median Rent
$1,822/mo
Unemployment
3.9%
Avg High Temp
62.4°F
Sales Tax
6.6%
View all cities in New Jersey →
🗺️ County data for New Jersey

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs