States › New Jersey › White Meadow Lake

Is White Meadow Lake, NJ expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,96469% higher than U.S. average
💵 Families earn per year (2026)$161,046about $13,421/month · 85% higher than U.S. average
🔑 House price$470,80042% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 92% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (91.8%) are owned, so rentals can be hard to find. It is a highly educated city: 57.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $118,560 a year. That is $57 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 245 of 291 cities from cheapest to most expensive.

White Meadow Lake
$2,964
Boonton
$2,040
Pitman
$1,791
Flanders
$2,055
Montvale
$3,366
North Haledon
$2,614
Clayton
$1,375

How much do households earn in White Meadow Lake?

Under $25k
2.1%
$25k–50k
3.8%
$50k–100k
31.0%
$100k–150k
31.2%
$150k+
31.3%

Share of households by yearly income. 62.5% of households earn $100,000 or more.

How expensive is White Meadow Lake overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for White Meadow Lake, so the New Jersey figure is shown.

Taxes and bills in White Meadow Lake

🏛️ Property tax$10,000+a year · 2.12% of home value · U.S. $3,119
⚡ Electric bill$132a month (typical) · U.S. $156

Life in White Meadow Lake

Commute to work26.7 minU.S.: 26.4 min
College degree57.5%U.S.: 35.7%
Own their home91.8%U.S.: 65.2%
Below poverty line1.7%U.S.: 12.5%
Unemployment5.7%U.S.: 5.2%

Is it cheaper to rent or buy in White Meadow Lake?

Renting is cheaper right now: about $303 a month less.

Renting
$2,964
Owning
$3,267

Owning assumes a typical $470,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,080 for the down payment.

Frequently asked questions

What is the average rent in White Meadow Lake, NJ?

Renting in White Meadow Lake costs a median of about $2,964 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in White Meadow Lake?

To keep rent under 30% of income, you need about $118,560 a year, or $57 an hour at a full-time job.

Is White Meadow Lake cheap or expensive?

White Meadow Lake is rated OK: rent takes 22.1% of the typical household income of $161,046. It ranks 245th cheapest of 291 New Jersey cities we track.

How much are property taxes in White Meadow Lake?

The median homeowner in White Meadow Lake pays $10,000+ a year in property taxes, about 2.12% of the median home value.

Is White Meadow Lake 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 White Meadow Lake?

The median home value in White Meadow Lake is $470,800, about 2.9 times the typical yearly household income.

8,842 people live in White Meadow Lake. Numbers are typical (middle) values.