salaryRent is higher than in 67% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are long, about 30.2 minutes each way. Most homes (78.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $78,480 a year. That is $38 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
Yes. Rent here is cheaper than in most of New Jersey. It is number 86 of 291 cities from cheapest to most expensive.
How much do households earn in Wanaque?
Share of households by yearly income. 42.3% of households earn $100,000 or more.
Rent by apartment size in Wanaque
| Size | Wanaque | U.S. average |
|---|---|---|
| 1 bedroom | $1,522 | $1,324 |
| 2 bedrooms | $2,096 | $1,509 |
| 3 bedrooms | $2,154 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Wanaque 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 Wanaque, so the New Jersey figure is shown.
Taxes and bills in Wanaque
Life in Wanaque
Is it cheaper to rent or buy in Wanaque?
Renting is cheaper right now: about $818 a month less.
Owning assumes a typical $400,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,070 for the down payment.
Frequently asked questions
What is the average rent in Wanaque, NJ?
Renting in Wanaque costs a median of about $1,962 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Wanaque?
To keep rent under 30% of income, you need about $78,480 a year, or $38 an hour at a full-time job.
Is Wanaque cheap or expensive?
Wanaque is rated Cheap: rent takes 19.3% of the typical household income of $122,059. It ranks 86th cheapest of 291 New Jersey cities we track.
How much are property taxes in Wanaque?
The median homeowner in Wanaque pays $10,000+ a year in property taxes, about 2.50% of the median home value.
Is Wanaque 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 Wanaque?
The median home value in Wanaque is $400,700, about 3.3 times the typical yearly household income.
11,206 people live in Wanaque. Numbers are typical (middle) values.