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Preakness, NJ

Full City Profile · New Jersey · Bergen County County

3.7 /5.0
B+ Good
18,538 Population 3,269/sq mi density
$133,168 Median Income $59,930 per capita
$603,200 Home Value $641,996 Zillow
$1,946 Median Rent 29.9% income on rent
53°F Avg Temperature 282 sunny days/yr
146 Violent Crime/100K 3,015 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$133,168 median income, 3.1% unemployment
A
Affordability
4.1 / 5.0
$603,200 home value, $1,946/mo rent
F
Safety
1.0 / 5.0
146 violent crimes/100K
A+
Education
5.0 / 5.0
58.4% bachelor's degree or higher

Income Overview

Median Household Income
$133,168
77% above
US avg: $75,149
Per Capita Income
$59,930
53% above
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
1.6%
87% below
US avg: 12.4%

Income Comparison: Preakness vs. U.S. Average

Each bar shows Preakness’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$133,168
177%
Per Capita
US: $39,052
$59,930
153%
IRS Avg AGI
US: $72,000
$139,008
193%
Avg Weekly Wage
US: $1,432
$1,551
108%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,551
8% above US avg ($1,432)
Mean Commute Time
31 min
13% above US avg (28 min)
Work From Home
12.4%
18% below US avg (15.2%)
Drive Alone
72.1%
2% below US avg (73.2%)
Public Transit
6.8%
36% above US avg (5.0%)
County GDP
$105,805M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 72.1%
Public Transit 6.8%
Work From Home 12.4%
Other 8.7%
Average commute time
31 minutes
US avg: 28 min

Business Landscape

Total Establishments
36,016
Restaurants
2,730
Healthcare
4,090
Retail
3,534
Manufacturing
1,003

Tax & Financial

IRS Avg Adjusted Gross Income
$139,008
93% above US avg ($72,000)
Avg Property Tax
$14,998
329% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$133,168
Per Capita Income$59,930
IRS Avg Adjusted Gross Income$139,008
Avg Weekly Wage$1,551
County GDP$105,805M

Hardship Indicators

Unemployment Rate3.1%
Poverty Rate1.6%
Gini Coefficient0.473
Cost of Living Index108.8

Commute

Mean Commute31 minutes
Drive Alone72.1%
Public Transit6.8%
Work From Home12.4%

Businesses

Total Establishments36,016
Restaurants2,730
Healthcare4,090
Retail3,534
Manufacturing1,003

Tax

IRS Avg AGI$139,008
Avg Property Tax$14,998