Preakness, NJ Utility & Living Guide

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Preakness, NJ Utility & Living Guide

Preakness may refer to:The Preakness or Preakness Stakes, an American flat thoroughbred horse race held in Baltimore, Maryland Preakness (horse), an American thoroughbred racehorse from Preakness Stables Preakness, New Jersey, a section of Wayne in Passaic County, New Jersey Preakness Range, a range

Last updated: June 30, 2026
Total Utilities$305/mo
1BR Rent$1638/mo
Sales Tax7.5%
COL Index105 (+5% above national average)
Family Score6/10
Median Home$570,400
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🌤️ Live Weather — Preakness
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⚠️ Natural Hazard History — Preakness
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$120/mo

PSE&G
🔥 Gas

$50/mo

PSE&G
💧 Water

$45/mo

Passaic Valley Water Commission
🗑️ Garbage

$25/mo

Preakness Waste Management
📶 Internet

$65/mo

Combined Average Overhead$305/month

Housing Market

Rent & Property
1 Bedroom$1638/mo
2 Bedrooms$1821/mo
3 Bedrooms$2276/mo
Median Home Price$570,400
Property Tax Rate1.2%
Avg Childcare/mo$1000

The housing market in Preakness is competitive, with a mix of older homes and newer developments. Prices have been rising steadily due to its proximity to New York City.

Cost of Living

Overall COL Index

105

US national avg = 100
vs National Avg

+5% above national average

Groceries

102

Transportation

98

Healthcare

100

Childcare/mo

$1000

Tax Rates

Tax Overview
Total Sales Tax7.5%
Property Tax Rate1.2%
<p>State 6.625% + County 0% + City 0.875%</p>

New Jersey has a progressive income tax system with rates ranging from 1.4% to 10.75%.

Family & Relocation

Family Vibe Score
6/10
Safety Index

50

Higher = safer
School Rating

6.5/10

GreatSchools avg
Avg Childcare

$1000/mo

City Pulse

Population Trend
+3% (growing)
Political Climate
Purple
Business Momentum
Moderate with key industries in healthcare, retail, and tech services.
Top Local Concerns
Property taxes, traffic congestion, school funding
🚌 Transit for Families

Public transit is limited, but sidewalks are generally well-maintained for stroller access.

🎡 Top Kid Attractions
  • 🎯
    Preakness Brook Park
  • 🎯
    Wayne YMCA
  • 🎯
    Dey Mansion

Best Neighborhoods for Families

The neighborhoods near Preakness Brook Park are popular for families due to their proximity to schools and parks. Areas with newer developments also offer modern amenities.

Household Budget Calculator

Estimate your real monthly cost of living in Preakness based on your household profile.

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📊 Preakness — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

💰 Median Household Income
$133,265
👤 Median Age
41.7
🏠 Homeownership Rate
67.5%
🔑 Renter Rate
32.5%
📉 Poverty Rate
3.6%
💼 Unemployment Rate
3.7%
📡 Internet Access
93.3%
🎓 College Educated
53.3%

☀️ Seasonal Utility Costs

Utility costs peak in winter due to heating needs and in summer due to air conditioning usage. Spring and fall typically see lower utility bills.

🏛️ Local Tax Details

Key ZIP code level tax info: Property tax millage rate is 1.2%, with no local surtaxes specific to Preakness county.

👶 Family & Stroller Friendliness

7/10 with explanation: Sidewalks are generally well-maintained, parks are accessible, but public transit lacks elevator access.

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