Cost of Living in Union County, New Jersey

$1,664/mo
Median Monthly Rent
$488,800
Median Home Value
6% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,664/mo
6% above state average
Median Home Value
$488,800
73% above national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Union County Compares

Median monthly rent comparison

Union County$1,664/mo
New Jersey Average$1,577/mo
National Median$1,163/mo

Detailed Housing Stats

$1,664/mo
Median Gross Rent
$488,800
Median Home Value
$2,551/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Union County, New Jersey

Union stretches affordability for renters

Union County's 19.9% rent-to-income ratio marks the threshold where housing becomes a genuine financial burden, slightly exceeding the national stress point. With a median household income of $100,117 and rents of $1,664, Union's affordability challenge is steeper than most American counties.

Union ranks least affordable in cohort

Union's 19.9% rent-to-income ratio edges above New Jersey's 19.1% state average, making it less affordable than most comparable counties statewide. This slight disadvantage reflects Union's urban character and proximity to New York City.

Union's urban premium shows in rents

Union rents of $1,664 exceed every other county in this group except Somerset, while home values of $488,800 rank second-highest. The county's proximity to Newark and Manhattan commands a premium that reduces relative affordability.

Union housing costs approach one-fifth income

Renters spend $1,664 monthly while homeowners pay $2,551, with rents consuming 19.9% of the $100,117 median household income. Homeownership reaches even higher cost burdens at roughly 30.6% of income, straining owner-occupied household budgets.

Union rewards transit-dependent relocators

If you're moving to Union for urban job access and robust public transit, factor the higher housing costs into your relocation decision and compare against salary premiums in dense employment centers. Remote workers should consider more affordable neighboring counties instead.

Affordability Calculator

See how your income compares to housing costs in Union County

$

Rent Burden

19.9%

of gross income

Max Housing (28% Rule)

$2,336

per month

Owner Cost Burden

30.6%

of gross income

The median home in Union County may be a stretch

Median home value is $488,800. Estimated monthly cost: $3,902 vs. your max of $2,336.

Rent Affordability Guide

Your rent-to-income ratio19.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Union County, New Jersey?
Union County, New Jersey has a median monthly rent of $1,664/mo and a median home value of $488,800. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Union County?
The median gross rent in Union County is $1,664/mo. This is 6% above state average for New Jersey.
Is Union County affordable?
Union County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Union County's rent compare to the state average?
Union County's median rent of $1,664/mo is 6% above state average of $1,577/mo for New Jersey.
What is the median home value in Union County?
The median home value in Union County, New Jersey is $488,800. This is 73% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.