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Botto House Passaic CountyPhoto: Jared Kofsky/PlaceNJ.com · CC BY-SA 3.0
DCost of living
Cost of living in Haledon

Even on the area’s higher pay, Haledon costs more to live in than 90% of U.S. towns

It ranks #256 of 468 in New Jersey for affordability. Up 4.7% in a year, close to the New Jersey typical home.

Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the New York-Newark-Jersey City, NY-NJ metro area ($99K). How TownRatings grades cost of living

Typical home value
$564K
▲ 4.7% in a year · NJ $575K
Zillow
Homes sold
5
in May 2026 · 13 for sale
2-bedroom rent
$2,300
a month, utilities in · HUD
Median tax bill
$10,000+
NJ $9,590
Area income (the grade’s yardstick)
$99K
New York-area median
Why Haledon gets a D although people here earn more than most

The grade measures what housing costs against what households in the area earn. Haledon’s area earns well above the typical U.S. town ($99K against $74K), but homes, rent and taxes here run higher still. Owners keep up better than renters: 36% of owners pay 30% or more of income for housing (typical U.S. town: 20%), against 59% of renters.

In dollars

  • $564Ktypical home, 2% below the New Jersey typical homeZillow, September 2026
  • $2,300a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
  • 113prices across the New York metro, where the U.S. is 100 (housing 149)BEA Regional Price Parities, 2024

In paychecks the grade

  • 4.0 yrsof area income buys the typical home; the typical U.S. town: 3.3$99K, New York-area income
  • 21%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
  • 59%of renters pay 30%+ of income for housing; across New Jersey: 52%Census 2020–24
  • 36%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out · In brief

Housing in Haledon, in brief

Homes haven’t kept up with new residents

Between the 2010 and 2020 censuses, Haledon gained 734 residents while 152 new homes were permitted: about 4.8 new residents per new home, against 2 across New Jersey. New homes ↓

About half of Haledon rents

52% of households rent their home, 1,625 in all, against 36% across New Jersey. Renting ↓

2026 has already passed 2025

Through August, Haledon had permitted 34 new homes in 2026, more than the 27 in all of 2025. New homes ↓

Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; sales and supply are Redfin’s for May 2026; permits are Census figures through 2025 (2025 partly estimated); incomes, rents paid, taxes and ownership come from the Census American Community Survey.

Cost of living grade

What’s behind Haledon’s grade

Measured against what households in the area earn, Haledon is more affordable than 10% of U.S. towns, #256 of 468 in New Jersey. The share of households paying 30%+ for housing pulls the grade down most; home prices hold it up.

All U.S. towns we grade (21,243)More affordable than 10%
CostlierMore affordable
New Jersey towns we grade (468)More affordable than 45%

Prices here have kept pace with New Jersey: up 36.2% in five years, against 35.2% statewide (Zillow).

How sure. Haledon’s Census figures cover about 3,123 households. At the ends of the Census margins (area income ±$487, owners paying 30%+ ±10.8 points), Haledon could be anywhere from D to D.

How TownRatings grades cost of living →

Price trend

Up 4.7% in a year

About the same pace as New Jersey (4%).

HaledonNew Jersey
$250K$300K$350K$400K$450K$500K$550K$600K20182020202220242026
Show as a table
JanuaryHaledonNew Jersey
2017$280,000$313,000
2018$304,000$326,000
2019$322,000$339,000
2020$346,000$353,000
2021$386,000$389,000
2022$427,000$436,000
2023$454,000$466,000
2024$495,000$506,000
2025$538,000$544,000
2026$550,000$562,000
September 2026$564,000$575,000
Then & now

A typical Haledon home worth $280K in October 2016 is worth about $564K today.

+$284K
+4.7%
past year
+36.2%
past 5 years
+101.7%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.

How fast homes sell · Redfin, May 2026

Too few sales to read the market

Only 5 homes sold in May 2026, the latest month in Redfin’s figures: too few to describe the market or quote a median sale price.

Affordability

A typical home costs 4.0 years of area income

The calculator starts from the area income the grade uses. Switch to Haledon’s own median, or type yours.

Household income a year
$
New York-area median household income, as in the grade
You could afford about
$330,000
Typical Haledon home $564K

That’s $234K short of a typical Haledon home.

The typical home, each month
$3,950
Loan $2,790Tax $990Insurance $160

A two-bedroom rents for about $2,300 a month here, $1,650 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the New Jersey typical property tax (2.11% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $2,300

Renters already here pay a median of $1,750, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,760
1 bedroom$2,000
2 bedrooms$2,300
3 bedrooms$2,810
4 bedrooms$3,580
52%
of households rent · NJ 36%
1,625
renter households
59%
of renters spend 30%+ of income on rent · NJ 52%
29%
of the median income, for a two-bedroom
$1,750
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bergen-Passaic, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

27 new homes permitted in 2025

Builders were permitted 27 new homes in Haledon in 2025: 7 single-family houses and 20 in buildings with two or more homes, worth about $1.8 million to build. That's 3 per 1,000 residents, about the pace of New Jersey as a whole. Over the past 10 years, Haledon has permitted 196 homes in all.

Single-family2+ homes per building
020406080200020052010201520202025
27
new homes permitted in 2025
34
2026 so far (Jan–Aug)
3
per 1,000 residents · NJ 3.1
196
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+734
New homes+152

Between the 2010 and 2020 censuses, Haledon gained 734 residents while 152 new homes were permitted: about 4.8 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across New Jersey: 2 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)34430$2.1 million
202527720$1.8 million
202431625$2 million
202314410$948,000
202228820$1.9 million
202138731$2.5 million
202027720$1.8 million
201915312$944,000
201814113$858,000
2017202$163,000
2016000—
2015202$119,000
2014202$138,000
201321120$1.1 million
201229722$1.2 million
2011261016$1.6 million
2010412021$2.9 million
2009311714$2.4 million
2008773047$3.8 million
200769762$2.2 million
200657552$1.6 million
2005954$1.1 million
2004624$569,000
200314140$1.7 million
200213130$1.5 million
200113130$1.5 million
200013130$1.5 million

Haledon's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Property taxes

Property tax runs above the New Jersey norm

The median bill is $10,000+ (New Jersey: $9,590), 2.52%+ of a home’s value a year, against 2.11% statewide.

$10,000+
median bill a year · NJ $9,590
2.52%+
of a home’s value a year · NJ 2.11%
$990
a month at that rate, on the typical home (Zillow)

Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.

Beyond rent and mortgage

The rest of a budget near Haledon

Only figures published free for the whole country, each labeled with the area it covers: the New York-Newark-Jersey City, NY-NJ metro area, or New Jersey. Groceries follow the goods price level; nobody publishes them town by town.

CostHereCompared withAreaSource
Prices overall
U.S. = 100
113NJ 109metroBEA, 2024
Goods (groceries, clothing, cars…)
U.S. = 100
110NJ 107metroBEA, 2024
Utilities
U.S. = 100
127NJ 114metroBEA, 2024
Other services
U.S. = 100
106NJ 104metroBEA, 2024

Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.

Next door

Haledon vs. its neighbors

Of the 6 towns here with a Zillow value, Haledon has the 3rd-lowest. Preakness has no Zillow value, so it is in the table only.

Cost next door · one source per column

TownCostTypical home
Zillow, September 2026
Median value
Census 2020–24
Tax rate
bill ÷ value
2-bed rent
HUD 2026
HaledonD$564K$396K2.52%+$2,300
PatersonC−$541K$360K2.78%+$1,990
Wayne TownshipD−$747K$613K1.63%+$2,660
Prospect ParkD$550K$407K2.46%+$2,300
Preakness–—$618K1.62%+$2,660
TotowaD−$662K$559K1.77%$2,220
North HaledonD−$717K$548K1.83%+$2,310
William Paterson University of New Jersey–———$2,660

“+”: the Census reports the tax bill only as $10,000 or more, so the rate is at least that. “—” under Cost: not graded (too little Census data, or under 1,000 residents). “—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.

Questions about the cost of living in Haledon

Is Haledon expensive to live in?

Measured against what households in the area earn, Haledon costs more than 90% of U.S. towns: a D for cost of living, #256 of 468 in New Jersey. The typical home costs 4.0 years of the median household income of the New York-Newark-Jersey City, NY-NJ metro area ($99K).

How much does a house cost in Haledon?

About $564K, Zillow’s typical value for September 2026, up 4.7% in a year. The New Jersey typical home is $575K.

What salary do you need to live in Haledon?

To buy the typical home with 20% down at 6.3%, about $169,000 a year, keeping the payment (about $3,950 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $92,000.

How much is rent in Haledon?

HUD puts a two-bedroom at about $2,300 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,750 (Census 2020–24).

What are property taxes in Haledon?

The median bill is $10,000+ a year, 2.52% of the median home value (New Jersey: $9,590, 2.11%), from the Census 2020–24.

Are home prices in Haledon going up?

Yes: up 4.7% in the past year and 36.2% in five years, against 35.2% across New Jersey (Zillow).

Neighbors talk housing

What Haledon buyers, sellers and renters are saying.

Town Square →
Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.