salaryRent is higher than in 86% of U.S. cities. A typical house costs about 3.3 years of household income. Most homes (80.4%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $99,880 a year. That is $48 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 191 of 291 cities from cheapest to most expensive.
How much do households earn in Pompton Lakes?
Share of households by yearly income. 50.4% of households earn $100,000 or more.
Rent by apartment size in Pompton Lakes
| Size | Pompton Lakes | U.S. average |
|---|---|---|
| Studio | $418 | $1,338 |
| 1 bedroom | $1,558 | $1,324 |
| 2 bedrooms | $2,090 | $1,509 |
| 3 bedrooms | $2,593 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Pompton Lakes 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 Pompton Lakes, so the New Jersey figure is shown.
Taxes and bills in Pompton Lakes
Life in Pompton Lakes
Is it cheaper to rent or buy in Pompton Lakes?
Renting is cheaper right now: about $573 a month less.
Owning assumes a typical $442,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,240 for the down payment.
Frequently asked questions
What is the average rent in Pompton Lakes, NJ?
Renting in Pompton Lakes costs a median of about $2,497 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Pompton Lakes?
To keep rent under 30% of income, you need about $99,880 a year, or $48 an hour at a full-time job.
Is Pompton Lakes cheap or expensive?
Pompton Lakes is rated OK: rent takes 22.3% of the typical household income of $134,224. It ranks 191st cheapest of 291 New Jersey cities we track.
How much are property taxes in Pompton Lakes?
The median homeowner in Pompton Lakes pays $10,000+ a year in property taxes, about 2.26% of the median home value.
Is Pompton Lakes 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 Pompton Lakes?
The median home value in Pompton Lakes is $442,400, about 3.3 times the typical yearly household income.
11,047 people live in Pompton Lakes. Numbers are typical (middle) values.