McKee, NJ

Average · 106

New Jersey · Population 10,843 · Updated March 2026

$1,745
Median Rent / Month
$81,667
Median Income
$232,000
Median Home Value
$1,759
Owner Costs / Month

Affordability

How far your income goes in McKee

25.6%
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

$20,940
Annual Rent
$8,779
State Income Tax
$5,174
Property Tax (est.)

Cost of Living Overview

McKee is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 106 (where 100 equals the national median), McKee residents can expect to pay median rent of $1,745/month while earning a median household income of $81,667/year.

The median home value in McKee, NJ is $232,000, with typical monthly owner costs around $1,759 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.6%, McKee 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 McKee.

Frequently Asked Questions

Common questions about living costs in McKee

What is the cost of living in McKee, NJ?
The cost of living index in McKee, NJ is 106 (US average = 100). Median monthly rent is $1,745, median household income is $81,667/year, and the median home value is $232,000.
Is McKee, NJ affordable?
No, McKee is more expensive than the national average with a cost index of 106. The rent-to-income ratio is 25.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in McKee, NJ?
The median gross rent in McKee, NJ is $1,745 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,940.
What is the median household income in McKee?
The median household income in McKee, NJ is $81,667 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%.