salaryRent is higher than in 90% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are long, about 31.9 minutes each way. Most homes (91.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $108,400 a year. That is $52 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 214 of 291 cities from cheapest to most expensive.
How much do households earn in Lake Hopatcong?
Share of households by yearly income. 48.7% of households earn $100,000 or more.
Rent by apartment size in Lake Hopatcong
| Size | Lake Hopatcong | U.S. average |
|---|---|---|
| 1 bedroom | $1,697 | $1,324 |
| 2 bedrooms | $1,846 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lake Hopatcong 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 Lake Hopatcong, so the New Jersey figure is shown.
Taxes and bills in Lake Hopatcong
Life in Lake Hopatcong
Is it cheaper to rent or buy in Lake Hopatcong?
Renting is cheaper right now: about $233 a month less.
Owning assumes a typical $424,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,420 for the down payment.
Frequently asked questions
What is the average rent in Lake Hopatcong, NJ?
Renting in Lake Hopatcong costs a median of about $2,710 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Lake Hopatcong?
To keep rent under 30% of income, you need about $108,400 a year, or $52 an hour at a full-time job.
Is Lake Hopatcong cheap or expensive?
Lake Hopatcong is rated OK: rent takes 25.6% of the typical household income of $126,859. It ranks 214th cheapest of 291 New Jersey cities we track.
How much are property taxes in Lake Hopatcong?
The median homeowner in Lake Hopatcong pays $9,152 a year in property taxes, about 2.16% of the median home value.
Is Lake Hopatcong 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 Lake Hopatcong?
The median home value in Lake Hopatcong is $424,200, about 3.3 times the typical yearly household income.
10,259 people live in Lake Hopatcong. Numbers are typical (middle) values.