Eatontown, NJ

Above Avg · 125

New Jersey · Population 13,537 · Updated March 2026

$1,599
Median Rent / Month
$90,174
Median Income
$454,300
Median Home Value
$1,658
Owner Costs / Month

Affordability

How far your income goes in Eatontown

21.3%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in New Jersey

State-level tax rates that affect your costs

10.75%
Income Tax (Top Rate)
6.625%
Sales Tax
2.23%
Property Tax Rate

Estimated Annual Costs

$19,188
Annual Rent
$9,694
State Income Tax
$10,131
Property Tax (est.)

Cost of Living Overview

Eatontown has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 125 (where 100 equals the national median), Eatontown residents can expect to pay median rent of $1,599/month while earning a median household income of $90,174/year.

The median home value in Eatontown, NJ is $454,300, with typical monthly owner costs around $1,658 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

New Jersey's top income tax rate of 10.75% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.625% sales tax rate and 2.23% effective property tax rate, the overall tax environment is a factor in the total cost of living in Eatontown.

Frequently Asked Questions

Common questions about living costs in Eatontown

What is the cost of living in Eatontown, NJ?
The cost of living index in Eatontown, NJ is 125 (US average = 100). Median monthly rent is $1,599, median household income is $90,174/year, and the median home value is $454,300.
Is Eatontown, NJ affordable?
No, Eatontown is more expensive than the national average with a cost index of 125. The rent-to-income ratio is 21.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Eatontown, NJ?
The median gross rent in Eatontown, NJ is $1,599 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,188.
What is the median household income in Eatontown?
The median household income in Eatontown, NJ is $90,174 per year. This compares to the national median of approximately $80,000.
What are the taxes like in New Jersey?
New Jersey has a top income tax rate of 10.75%, a sales tax of 6.625%, and an effective property tax rate of 2.23%.