What Salary Do You Need to Live in Jersey City, NJ?
To live comfortably in Jersey City, a household needs to earn roughly $95,000/year. That's about $7,917/month before taxes.
The Number: $95,000/year
At $95,000 per year, a household in Jersey City can afford median-priced rental housing at roughly 28% of gross income.
This is based on Jersey City's median monthly rent of $2,182 and the 28% housing guideline. Source: Census ACS 2024.
Jersey City at a Glance
Sources: Census ACS 2024, Tax Foundation.
For Single Residents
A single person can live comfortably in Jersey City on roughly $60,000/year. That's about $5,000/month before taxes.
Salary Questions About Jersey City
The median monthly rent is $2,182. Using the 30% guideline, you need about $87,000/year to afford this comfortably.
The median home price is $571,700. With a 20% down payment, you would need roughly $114,340 saved and a household income to support the mortgage payments.
The median household income is $100,751/year. Our recommended salary of $95,000/year is near the median, reflecting a comfortable (not extravagant) standard of living.