Hackensack, NJ
Population 45,768 · New Jersey
About Hackensack, NJ
Hackensack is a mid-sized city located in New Jersey with a population of 45,768 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,212 per year, which is 9% above the national median of $75,149. The median age of 41.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hackensack features a median home value of $370,300, which is 51% above the national median of $244,900. This places Hackensack in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,794, 54% above the national average of $1,163/month. Of the 21,405 total housing units, 38% are owner-occupied (7,802 units) and 62% are renter-occupied (12,503 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Hackensack shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hackensack have an average one-way commute time of 28.8 minutes.
Education & Demographics
41.7% of Hackensack residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.5% White, 1.0% Hispanic or Latino, 4.4% Black or African American, and 29.2% Asian residents, with 40.4% of the population being foreign-born.
How Hackensack Ranks in New Jersey
Cost of Living in Hackensack, NJ
Compared to national averages, Hackensack has a median household income of $82,212 (9% above the national median of $75,149). Home values average $370,300, which is 51% above the national median. Monthly rent at $1,794 is 54% above the US average of $1,163. Within New Jersey, Hackensack's income is 29% below the state average of $115,667, and home values are 21% below the state median of $469,644.
Why Live in Hackensack, NJ?
Hackensack offers a strong local economy with a median household income of $82,212, well above the national average, and a well-educated community where 41.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $370,300. However, Hackensack’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hackensack has a population of 45,768 with a median age of 41.5 years. Compare Hackensack with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Hackensack
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sayreville | 45,237 | $98,629 | $407,600 | Compare |
| Sicklerville | 44,500 | $102,881 | $256,600 | Compare |
| Linden | 43,614 | $91,036 | $387,200 | Compare |
| Kearny | 40,570 | $83,212 | $431,700 | Compare |
| West New York | 51,683 | $67,139 | $410,200 | Compare |
| Fort Lee | 39,818 | $105,535 | $422,200 | Compare |
| Atlantic City | 38,486 | $36,220 | $189,600 | Compare |
| Plainfield | 54,515 | $80,334 | $383,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hackensack With Other Cities
Frequently Asked Questions about Hackensack
What is the population of Hackensack, NJ?
The population of Hackensack, NJ is 45,768 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New Jersey.
What is the median household income in Hackensack?
The median household income in Hackensack, NJ is $82,212 per year, which is 9% above the national median of $75,149.
What is the median home value in Hackensack?
The median home value in Hackensack, NJ is $370,300, which is 51% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Hackensack?
The median monthly rent in Hackensack, NJ is $1,794, which is 54% above the national average of $1,163/month.
What is the unemployment rate in Hackensack?
The unemployment rate in Hackensack, NJ is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hackensack, NJ a good place to live?
Hackensack offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 45,768 and a median age of 41.5, the city appeals to a broad range of residents.
How educated is Hackensack, NJ?
41.7% of residents in Hackensack aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Hackensack?
Key cost-of-living indicators for Hackensack, NJ: median home value is $370,300 (51% above national), median rent is $1,794/month, and median household income is $82,212. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Hackensack?
The poverty rate in Hackensack, NJ is 11.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hackensack, NJ?
Hackensack's population is 1.5% White, 1.0% Hispanic or Latino, 4.4% Black or African American, 29.2% Asian, and 19.7% two or more races. 40.4% of residents are foreign-born.