salaryRent is higher than in 83% of U.S. cities. Household incomes are higher than in 91% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 30.9 minutes each way. Most homes (80%) are owned, so rentals can be hard to find. It is a highly educated city: 71.4% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $96,040 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 174 of 291 cities from cheapest to most expensive.
How much do households earn in Greentree?
Share of households by yearly income. 62.6% of households earn $100,000 or more.
Rent by apartment size in Greentree
| Size | Greentree | U.S. average |
|---|---|---|
| Studio | $1,188 | $1,338 |
| 1 bedroom | $2,371 | $1,324 |
| 2 bedrooms | $1,634 | $1,509 |
| 3 bedrooms | $3,408 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Greentree 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 Greentree, so the New Jersey figure is shown.
Taxes and bills in Greentree
Life in Greentree
Is it cheaper to rent or buy in Greentree?
Renting is cheaper right now: about $641 a month less.
Owning assumes a typical $438,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,840 for the down payment.
Frequently asked questions
What is the average rent in Greentree, NJ?
Renting in Greentree costs a median of about $2,401 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Greentree?
To keep rent under 30% of income, you need about $96,040 a year, or $46 an hour at a full-time job.
Is Greentree cheap or expensive?
Greentree is rated Cheap: rent takes 18.3% of the typical household income of $157,270. It ranks 174th cheapest of 291 New Jersey cities we track.
How much are property taxes in Greentree?
The median homeowner in Greentree pays $10,000+ a year in property taxes, about 2.28% of the median home value.
Is Greentree 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 Greentree?
The median home value in Greentree is $438,400, about 2.8 times the typical yearly household income.
11,537 people live in Greentree. Numbers are typical (middle) values.