salaryRent here is among the highest 10% in the country. Household incomes are higher than in 96% of U.S. cities. A typical house costs about 3.1 years of household income. Most homes (87.9%) are owned, so rentals can be hard to find. It is a highly educated city: 59.5% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $152,080 a year. That is $73 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 290 of 291 cities from cheapest to most expensive.
How much do households earn in Waldwick?
Share of households by yearly income. 64.7% of households earn $100,000 or more.
Rent by apartment size in Waldwick
| Size | Waldwick | U.S. average |
|---|---|---|
| 1 bedroom | $3,325 | $1,324 |
| 2 bedrooms | $3,251 | $1,509 |
| 3 bedrooms | $3,500+ | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Waldwick 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 Waldwick, so the New Jersey figure is shown.
Taxes and bills in Waldwick
Life in Waldwick
Is it cheaper to rent or buy in Waldwick?
Renting is cheaper right now: about $281 a month less.
Owning assumes a typical $588,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $58,850 for the down payment.
Frequently asked questions
What is the average rent in Waldwick, NJ?
Renting in Waldwick costs a median of about $3,802 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Waldwick?
To keep rent under 30% of income, you need about $152,080 a year, or $73 an hour at a full-time job.
Is Waldwick cheap or expensive?
Waldwick is rated OK: rent takes 23.8% of the typical household income of $191,932. It ranks 290th cheapest of 291 New Jersey cities we track.
How much are property taxes in Waldwick?
The median homeowner in Waldwick pays $10,000+ a year in property taxes, about 1.70% of the median home value.
Is Waldwick 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 Waldwick?
The median home value in Waldwick is $588,500, about 3.1 times the typical yearly household income.
10,164 people live in Waldwick. Numbers are typical (middle) values.