Housing costs in Hackensack?
A typical home costs
$372,400, which is 10.1% more expensive than the national average of
$338,100 and 13.8% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Hackensack costs
$2,110 per month, which is 23.4% more than the national average of
$1,710 and 2.8% cheaper than the state average of
$2,170.
Can I afford Hackensack?
To live comfortably in Hackensack (zip 07601), New Jersey, a minimum annual income of
$71,280 for a family, and
$72,800 for a single person is recommended.
What does A.I. say about Hackensack?
The cost of living in 07601 Hackensack, NJ is slightly higher than the national average. The median home value is $405,100 and the median rent is $1,400 per month. Groceries, healthcare, and transportation costs are also higher than the U.S. average. However, residents benefit from low taxes – sales tax is only 6.625% and there is no income tax levied by the state of New Jersey. Overall, 07601 Hackensack remains a desirable area to live due to its convenience to New York City and its diverse range of amenities.