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Cost of Living in West New York, NJ

Population 52,004 · Census ACS 2020–2024 5-year estimates

Median rent$1,716
Median home value$465,600
Median household income$71,729

The median rent in West New York, NJ is $1,716/month, about the same as the New Jersey median and 21% higher than the U.S. median. The median home value is $465,600, 40% higher than the national median. Households earn a median of $71,729 a year, 31% lower than the state median.

Affordability

Rent as a share of median income: 28.7%
Income needed for median rent (30% rule): $68,640/yr
Home price-to-income ratio: 6.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,354/mo

Run your own numbers: mortgage calculator · hourly to salary

West New York vs. New Jersey vs. U.S.

West New YorkNew JerseyU.S.
Median rent$1,716$1,720$1,413
Median home value$465,600$454,400$332,700
Median household income$71,729$103,556$80,734
Homeownership rate23.0%63.8%65.2%
Bachelor's degree or higher33.5%43.6%35.7%
Poverty rate19.4%9.7%12.5%
Unemployment rate8.4%6.3%5.2%
Work from home13.7%16.8%15.1%
Median age37.240.138.9

FAQ

What is the average rent in West New York, NJ?

The median gross rent in West New York, NJ is $1,716 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in West New York, NJ?

Using the common 30% rule, renting a median-priced home takes about $68,640 a year in gross income.

Is West New York, NJ expensive to live in?

Rent there is 21% higher than the U.S. median, and the median home costs about 6.5 times the median household income.

Other cities in New Jersey

Newark, NJRent $1,392 · Income $52,060Jersey City, NJRent $2,007 · Income $97,710Paterson, NJRent $1,548 · Income $55,997Elizabeth, NJRent $1,523 · Income $66,555Toms River, NJRent $1,731 · Income $100,137Trenton, NJRent $1,294 · Income $52,537

Cities with a similar cost of living

Suitland, MDRent $1,707 · Income $71,585Landover, MDRent $1,735 · Income $72,100Sarasota, FLRent $1,684 · Income $72,105Orlando, FLRent $1,747 · Income $72,336Town 'n' Country, FLRent $1,734 · Income $73,538Parkland, WARent $1,663 · Income $72,239

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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