Hasbrouck Heights, NJ

Very High · 139

New Jersey · Population 12,067 · Updated March 2026

$1,605
Median Rent / Month
$118,670
Median Income
$508,500
Median Home Value
$2,121
Owner Costs / Month

Affordability

How far your income goes in Hasbrouck Heights

16.2%
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

$19,260
Annual Rent
$12,757
State Income Tax
$11,340
Property Tax (est.)

Cost of Living Overview

Hasbrouck Heights has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 139 (where 100 equals the national median), Hasbrouck Heights residents can expect to pay median rent of $1,605/month while earning a median household income of $118,670/year.

The median home value in Hasbrouck Heights, NJ is $508,500, with typical monthly owner costs around $2,121 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.2% 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 Hasbrouck Heights.

Frequently Asked Questions

Common questions about living costs in Hasbrouck Heights

What is the cost of living in Hasbrouck Heights, NJ?
The cost of living index in Hasbrouck Heights, NJ is 139 (US average = 100). Median monthly rent is $1,605, median household income is $118,670/year, and the median home value is $508,500.
Is Hasbrouck Heights, NJ affordable?
No, Hasbrouck Heights is more expensive than the national average with a cost index of 139. The rent-to-income ratio is 16.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Hasbrouck Heights, NJ?
The median gross rent in Hasbrouck Heights, NJ is $1,605 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,260.
What is the median household income in Hasbrouck Heights?
The median household income in Hasbrouck Heights, NJ is $118,670 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%.