Union, NJ

Above Avg · 119

New Jersey · Population 66,375 · Updated March 2026

$1,489
Median Rent / Month
$65,369
Median Income
$446,800
Median Home Value
$1,565
Owner Costs / Month

Affordability

How far your income goes in Union

27.3%
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

$17,868
Annual Rent
$7,027
State Income Tax
$9,964
Property Tax (est.)

Cost of Living Overview

Union is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 119 (where 100 equals the national median), Union residents can expect to pay median rent of $1,489/month while earning a median household income of $65,369/year.

The median home value in Union, NJ is $446,800, with typical monthly owner costs around $1,565 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.3%, Union 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 Union.

Frequently Asked Questions

Common questions about living costs in Union

What is the cost of living in Union, NJ?
The cost of living index in Union, NJ is 119 (US average = 100). Median monthly rent is $1,489, median household income is $65,369/year, and the median home value is $446,800.
Is Union, NJ affordable?
No, Union is more expensive than the national average with a cost index of 119. The rent-to-income ratio is 27.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Union, NJ?
The median gross rent in Union, NJ is $1,489 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,868.
What is the median household income in Union?
The median household income in Union, NJ is $65,369 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%.