salaryRent is higher than in 83% of U.S. cities. A typical house costs about 4.4 years of household income. Commutes are long, about 31 minutes each way. Most homes (92.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $95,760 a year. That is $46 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
No. Rent here is more expensive than in most of New Jersey. It is number 170 of 291 cities from cheapest to most expensive.
How much do households earn in Forked River?
Share of households by yearly income. 39.1% of households earn $100,000 or more.
Rent by apartment size in Forked River
| Size | Forked River | U.S. average |
|---|---|---|
| 2 bedrooms | $1,570 | $1,509 |
| 3 bedrooms | $2,489 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Forked River overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Forked River, so the New Jersey figure is shown.
Taxes and bills in Forked River
Life in Forked River
Is it cheaper to rent or buy in Forked River?
Renting is cheaper right now: about $638 a month less.
Owning assumes a typical $437,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,700 for the down payment.
Frequently asked questions
What is the average rent in Forked River, NJ?
Renting in Forked River costs a median of about $2,394 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Forked River?
To keep rent under 30% of income, you need about $95,760 a year, or $46 an hour at a full-time job.
Is Forked River cheap or expensive?
Forked River is rated OK: rent takes 29.1% of the typical household income of $98,675. It ranks 170th cheapest of 291 New Jersey cities we track.
How much are property taxes in Forked River?
The median homeowner in Forked River pays $6,902 a year in property taxes, about 1.58% of the median home value.
Is Forked River more expensive than the national average?
Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Forked River?
The median home value in Forked River is $437,000, about 4.4 times the typical yearly household income.
5,196 people live in Forked River. Numbers are typical (middle) values.