Bergen County
New Jersey · Pop. 955,732
Ranked #172 of 200 counties
26Crisis
Median Home Price
🏠$580K
3.5% YoY
Median Rent
🔑$2,100
Median Income
💰$95K
Rent Burden
📊30.0%
% of income to rent
Housing Shortage
🏗️8,000
estimated unit deficit
Building Permits (2024)
📋3,500
Price-to-Income Ratio
⚖️6.1x
Homeownership Rate
🏡62.5%
How Bergen County Compares
| Metric | Bergen County | New Jersey | National |
|---|---|---|---|
| Home Price | $580K | $461K | $410K |
| Rent | $2,100 | $1,667 | $1,500 |
| Income | $95K | $100K | $75K |
| Rent Burden | 30.0% | 36.0% | 30.0% |
| Homeownership | 62.5% | 64.0% | 65.0% |
Key Takeaways
- • Home prices are 41% above the national average.
- • Rent is 40% above the national average.
- • The county has an estimated housing shortage of 8,000 units.
- • 3,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.5%.