Long Branch, NJ

Very High · 139

New Jersey · Population 32,184 · Updated March 2026

$1,744
Median Rent / Month
$73,381
Median Income
$519,000
Median Home Value
$1,822
Owner Costs / Month

Affordability

How far your income goes in Long Branch

28.5%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$20,928
Annual Rent
$7,888
State Income Tax
$11,574
Property Tax (est.)

Cost of Living Overview

Long Branch 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), Long Branch residents can expect to pay median rent of $1,744/month while earning a median household income of $73,381/year.

The median home value in Long Branch, NJ is $519,000, with typical monthly owner costs around $1,822 including mortgage, insurance, and taxes. With a rent-to-income ratio of 28.5%, Long Branch falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Long Branch.

Frequently Asked Questions

Common questions about living costs in Long Branch

What is the cost of living in Long Branch, NJ?
The cost of living index in Long Branch, NJ is 139 (US average = 100). Median monthly rent is $1,744, median household income is $73,381/year, and the median home value is $519,000.
Is Long Branch, NJ affordable?
No, Long Branch is more expensive than the national average with a cost index of 139. The rent-to-income ratio is 28.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Long Branch, NJ?
The median gross rent in Long Branch, NJ is $1,744 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,928.
What is the median household income in Long Branch?
The median household income in Long Branch, NJ is $73,381 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%.