Housing data for Preakness, NJ
Preakness, NJ has an estimated 18,520 residents and 6,759 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Passaic County.
29.4% of households rent.
The median gross rent is $1,918 a month.
Figures last updated on .
- Residents
- 18,520 (±1,037)
- Housing units
- 6,759 (±380)
- Households that rent
- 29.4%
- Median gross rent
- $1,918
What stands out in Preakness
Median household income: $133,205 (±$17,201) in Preakness, higher than in Passaic County ($87,522).
Households without a vehicle: 6.0% (±1.8 points) in Preakness, lower than in Passaic County (13.9%).
Median home value: $617,700 (±$25,892) in Preakness, higher than in Passaic County ($459,500).
Households that rent: 29.4% (±3.8 points) in Preakness, lower than in Passaic County (46.9%).
- Income and affordability in Preakness
- Commute and cars in Preakness
- Home values in Preakness
- Renters and owners in Preakness
Housing in Preakness at a glance
- Median rent: $1,918 median gross rent a month
- Rent by bedrooms: $2,295 median gross rent, 2 bedrooms
- Rent burden: 51.5% of renters pay 30% or more of income
- Renters and owners: 29.4% of households rent
- Income and affordability: $133,205 median household income
- Home values: $617,700 median home value
- Homeowner costs: $3,542 median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 30.3% of homes are in buildings of 5 or more units
- Bedrooms: 57.5% of homes have 3 or more bedrooms
- Age of homes: 66.3% of homes were built before 1980
- Vacancy rate: 2.7% rental vacancy rate
- Heating fuel: 88.3% heat with utility gas
- Commute and cars: 29.8 minutes average trip to work
- How long people stay: 23.3% moved in since 2020
- Crowding and facilities: 1.4% of homes have more than 1 person per room
Preakness against Passaic County, its state and the nation
| Preakness | Passaic County | New Jersey | United States | |
|---|---|---|---|---|
| Residents | 18,520 (±1,037) | 521,012 (exact) | 9,343,809 (exact) | 334,922,499 |
| Housing units | 6,759 (±380) | 185,816 (±155) | 3,791,354 (±469) | 143,775,355 |
| Households that rent | 29.4% (±3.8 points) | 46.9% (±0.8 points) | 36.2% (±0.2 points) | 34.8% |
| Median gross rent | $1,918 (±$187) | $1,621 (±$17) | $1,720 (±$7) | $1,413 |
| Median household income | $133,205 (±$17,201) | $87,522 (±$2,333) | $103,556 (±$513) | $80,734 |
| Median home value | $617,700 (±$25,892) | $459,500 (±$3,736) | $454,400 (±$1,150) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $10,000 or more | $9,590 (±$25) | $3,119 |
| Built before 1980 | 66.3% (±6.5 points) | 77.3% (±1.5 points) | 62.8% (±0.3 points) | 49.7% |
| Average commute | 29.8 minutes (±2.2) | 26.5 minutes (±0.4) | 30.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 92.9% (±2.2 points) | 92.5% (±0.6 points) | 92.8% (±0.1 points) | 91.0% |
| Median age of residents | 41.0 years (±1.8) | 38.1 years (±0.2) | 40.1 years (±0.1) | 38.9 years |
Preakness covers 5.7 square miles of land, about 3,264 residents per square mile (Census Bureau Gazetteer).
Crime reported to police in Passaic County
Preakness has no police department of its own in the FBI’s figures, so this is the figure for Passaic County as a whole.
In 2025, the police departments that report for Passaic County recorded 400 violent and 1,668 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Preakness
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 07470 | 24% | 54,112 | $2,164 | $612,700 | $153,056 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Preakness
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| William Paterson University of New Jersey | 1.5 mi | — | — | — |
| Packanack Lake | 1.6 mi | $3,500 or more | $601,000 | 3.9% |
| Haledon Borough | 1.9 mi | $1,750 | $396,400 | 52.4% |
| Totowa Borough | 2.4 mi | $2,072 | $559,300 | 26.4% |
| Prospect Park Borough | 2.7 mi | $1,647 | $406,800 | 58.0% |
| North Haledon Borough | 2.7 mi | $2,369 | $547,600 | 6.3% |
| Paterson | 3.6 mi | $1,548 | $360,100 | 73.1% |
| Hawthorne Borough | 3.7 mi | $1,830 | $533,700 | 30.9% |
Places in New Jersey most like Preakness
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Wood-Ridge Borough | $1,878 | $566,200 | $136,108 | 33.0% |
| Spring Lake Heights Borough | $1,863 | $721,100 | $106,758 | 38.4% |
| Springfield Township (Union County) | $2,188 | $636,600 | $155,906 | 33.2% |
| Aberdeen Township | $1,943 | $448,200 | $121,795 | 27.5% |
| Parsippany-Troy Hills Township | $1,736 | $536,200 | $112,327 | 40.4% |
| New Providence Borough | $1,903 | $769,900 | $161,599 | 24.2% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.
HUD Fair Market Rent for Preakness, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,772 | $1,987 | $2,282 | $2,771 | $3,497 |
HUD income limits for Preakness, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $29,250 | $48,700 | $75,900 |
| 2 people | $33,400 | $55,650 | $86,750 |
| 3 people | $37,600 | $62,600 | $97,600 |
| 4 people | $41,750 | $69,550 | $108,400 |
| 5 people | $45,100 | $75,150 | $117,100 |
| 6 people | $48,450 | $80,700 | $125,750 |
| 7 people | $51,800 | $86,250 | $134,450 |
| 8 people | $55,720 | $91,850 | $143,100 |
These are the limits HUD sets for its housing programs in the Bergen-Passaic, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $139,100.
A program can use its own limits; tax-credit and local programs often do.
Preakness is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Wayne Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Preakness
What is the average rent in Preakness, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Preakness is $1,918 (±$187) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Preakness?
The median gross rent for a one-bedroom home in Preakness, NJ is $1,565 (±$144) a month (2020–2024 American Community Survey).
Are renters in Preakness rent-burdened?
51.5% of renting households in Preakness pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Preakness?
Preakness has an estimated 1,940 (±267) renting households, 29.4% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Preakness?
The median household income in Preakness is $133,205 (±$17,201) a year (2020–2024 American Community Survey).
What is the average home value in Preakness, NJ?
The Census Bureau publishes the median: $617,700 (±$25,892) for owner-occupied homes in Preakness (2020–2024 American Community Survey).
What ZIP codes are in Preakness?
The ZIP code that covers Preakness is 07470.
What is the median rent in ZIP code 07470?
The median gross rent in ZIP Code Tabulation Area 07470 is $2,164 (±$86) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Preakness CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Preakness CDP, New Jersey
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Preakness CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Preakness CDP, New Jersey
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Preakness CDP, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Preakness CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Preakness CDP, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Bergen-Passaic, NJ HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Bergen-Passaic, NJ HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Preakness CDP, New Jersey (place:60810, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .