A-

Cedar Knolls, NJ

Source:

Affordability Score: 80/100

Population: 3,403 · 1 ZIP codes

The affordability dashboard for Cedar Knolls, NJ aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,403 residents, then layers in county-level federal data to produce an overall grade of A- (80/100). The headline inputs are median household income of $170,400, median home value of $646,700, median rent of $2,849 per month, and 54.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $2,205 per month (studio $1,612, 1BR $1,822, 3BR $2,761, 4BR $3,137). Department of Labor data lists infant center-based childcare at $16,984 per year, consuming 10% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Cedar Knolls, NJ include income, education, rent, childcare. Unemployment currently reads 0.8% and poverty 2.2% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A+
$170,400
Median household income
Education A
54.9%
Bachelor's degree or higher
Housing D
3.8x
Home value $646,700 vs income
Commute N/A
N/A
Average commute time
Rent A
$2,205/mo
2BR fair market rent (16% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B+
$16,984/yr
Center-based infant care (10% of income)

Income & Employment

Median Income
$170,400
▲ 175% vs national
Per Capita Income
$69,692
Unemployment Rate
0.8%
Poverty Rate
2.2%

Housing

Median Home Value
$646,700
▲ 135% vs national
Median Rent
$2,849/mo
Owner Occupied
58.9%
2BR Fair Market Rent
$2,205/mo
▲ 84% vs national

Fair Market Rents by Bedroom

Studio
$1,612
1BR
$1,822
2BR
$2,205
3BR
$2,761
4BR
$3,137

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
54.9%
▲ 25 ppt vs national
High School+
79.3%
Median Age
42.0
Avg. Commute

Childcare Costs

Infant (Center)
$16,984/yr
10% of income
Toddler (Center)
$16,638/yr
Preschool (Center)
$16,638/yr
School-Age (Center)
$7,742/yr

What This Means

Cedar Knolls, NJ receives an overall affordability grade of A- (80/100), aggregated from 1 ZIP codes with a total population of 3,403. This area performs well in income and education and rent and childcare. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Cedar Knolls, NJ affordable?
Cedar Knolls, NJ receives an overall affordability grade of A- (80/100) based on Census, HUD, FBI, and DOL data. Median household income is $170,400. Median home value is $646,700.
What is the cost of living in Cedar Knolls?
Key cost metrics: Median rent $2,849/mo. 2BR fair market rent $2,205/mo. Infant childcare $16,984/yr. Median home value $646,700.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →