What is the median household income in Preakness, NJ?

The median household income in Preakness, NJ is $133,205 (±$17,201) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,918 a month would take about $76,700 a year at the common guideline of spending no more than 30% of income on rent.

Figures last updated on .

Median household income
$133,205 (±$17,201)
Median renter income
$70,625 (±$14,249)
Income to afford median rent
about $76,700

Income in Preakness against Passaic County, its state and the nation

Income, estimate (90% margin of error)
PreaknessPassaic CountyNew JerseyUnited States
Median household income$133,205 (±$17,201)$87,522 (±$2,333)$103,556 (±$513)$80,734
Median renter household income$70,625 (±$14,249)$51,907 (±$1,513)$62,674 (±$718)$52,966
Median owner household income$164,789 (±$14,719)$129,820 (±$3,218)$133,477 (±$624)$100,009
Median gross rent$1,918 (±$187)$1,621 (±$17)$1,720 (±$7)$1,413

In Preakness, median household income is higher than in Passaic County ($87,522).

It is also higher than in New Jersey ($103,556).

It is higher than the national figure ($80,734).

In Passaic County, Preakness ranks 7 of 9 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 82 of 246.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Preakness

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $1,918 a month ($23,016 a year) needs an income of about $76,700 a year.

The median renting household in Preakness earns $70,625 a year, less than that.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Median household income in places near Preakness

Nearest places with a published estimate, compared with Preakness
PlaceDistanceMedian household incomeCompared with this place
Preakness—$133,205 (±$17,201)—
Packanack Lake1.6 mi$213,103 (±$36,253)Higher
Haledon Borough1.9 mi$95,870 (±$15,682)Lower
Totowa Borough2.4 mi$113,563 (±$14,507)Not measurably different
Prospect Park Borough2.7 mi$53,125 (±$10,222)Lower
North Haledon Borough2.7 mi$125,313 (±$25,043)Not measurably different
Paterson3.6 mi$55,997 (±$3,427)Lower
Hawthorne Borough3.7 mi$110,237 (±$10,989)Lower
Woodland Park Borough3.7 mi$98,845 (±$6,443)Lower

Nearby places with a measurably lower figure: Haledon Borough, NJ ($95,870), Prospect Park Borough, NJ ($53,125), Paterson, NJ ($55,997).

Nearby places with a measurably higher figure: Packanack Lake, NJ ($213,103).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Passaic County, place by place

RankPlaceMedian household income
1Packanack Lake$213,103 (±$36,253)
2Hewitt$189,188 (±$87,251)
3Pines Lake$172,348 (±$15,947)
4Great Notch$162,101 (±$32,440)
5Macopin$139,864 (±$24,595)
6Newfoundland$138,385 (±$30,829)
7Preakness$133,205 (±$17,201)
8Upper Greenwood Lake$111,466 (±$21,116)
9Singac$104,519 (±$45,043)

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 median household income in Preakness?

The median household income in Preakness is $133,205 (±$17,201) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Preakness?

About $76,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,918 a month.

What do renters earn in Preakness?

The median renting household in Preakness, NJ earns $70,625 (±$14,249) a year.

Sources

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) and detailed tables (acs/acs5) 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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

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 .

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