New Jersey / Passaic County

Moving to Preakness, NJ

Thinking of making a move to Preakness, NJ? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Preakness, NJ

Considering a move to Preakness, NJ? This welcoming community of 17,500 residents offers a blend of suburban charm and convenience, with median home prices around $525,000 and average rents near $2,050. Commute times average 32 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% annually), ideal for families and commuters alike. Explore Preakness's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Preakness, NJ

Preakness has a population of 17,500 residents, offering a diverse community with a median age of nearly 43 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 81% White, 4% Black, and 8% Asian residents, and over 15% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
17,500
Density
2,900 per sq mi
Median Age
43.1
Gender Ratio
92 males per 100 females
Non-English Speakers Percentage
15.0%

Ethnic Composition

White
81.0%
Black
4.2%
Asian
8.4%
Others
6.4%

Cost Of Living

What is the average cost of living in Preakness, NJ?

The cost of living in Preakness is higher than the national average, with a cost of living index of 132.7. Median home values are around $525,000 and average rents for a two-bedroom apartment are approximately $2,050. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$525,000
Gross Rent
$2,050
Monthly Electricity Charges
$145
Auto Insurance
$1,900
House Owner Cost With Mortgage
$2,750
House Owner Cost Without Mortgage
$800
State Taxes
Low: 1.4%| High: 10.75%
Cost Of Living Index
132.7
Grocery
124.0
Housing
145.2
Utilities
117.8
Transportation
128.5
Health Care
115.3
Miscellaneous
112.1

Crime

Is Preakness, NJ a safe place to live?

Preakness is considered a safe community, with a low violent crime rate of 85 incidents per 100,000 residents and a property crime chance of 1 in 112. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in New Jersey.

Violent Crimes Per 100k
85
Property Crimes Per 100k
895
Crime Index
980
Chance Of Violent Crime
1 in 1,175
Chance Of Property Crime
1 in 112

Weather

What is the weather like in Preakness, NJ year-round?

Preakness experiences four distinct seasons, with warm summers reaching highs of 85°F and cold winters dipping to 23°F. The area receives about 50 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
23°F
Max
39°F

Summer

Min
64°F
Max
85°F

Spring

Min
43°F
Max
67°F

Fall

Min
47°F
Max
69°F
Average Rainfall Inches
50.1 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $128,400 and a low poverty rate of 3.8%. Over 96% of residents have at least a high school diploma, and nearly 55% hold a bachelor's degree or higher. Commute times average 32 minutes, and almost 5% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$54,000
Household Income
$128,400
Family Income
$142,000
Per Capita Income
$56,200
Income Male
$72,000
Income Female
$53,000
Poverty Rate
3.8%
Non English Speakers
22.0%
Rent
$2,050
Unemployment Rate
3.7%
Public Transport Usage
4.5%
Commute Time
32.2 minutes

Education

High School or Higher
95.8%
Bachelors or More
54.7%

Education

How are the schools in Preakness, NJ?

Preakness offers quality education options, with public schools like Preakness School and Wayne Hills High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including William Paterson University and Montclair State University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Preakness School
Street
1006 Hamburg Turnpike
Phone
973-633-3175
Students
480
Student Teacher Ratio
11.7
Name
Wayne Hills High School
Street
272 Berdan Ave
Phone
973-317-2000
Students
1,200
Student Teacher Ratio
12.2

Private Schools

Name
Al-Ghazaly School
Street
970 Black Oak Ridge Rd
Phone
973-956-0033
Students
350

Colleges

Name
William Paterson University
City
Wayne
State
NJ
Distance
2 miles
Students
9,600
Name
Montclair State University
City
Montclair
State
NJ
Distance
10 miles
Students
21,000

Healthcare

Preakness residents have access to quality healthcare, with major hospitals like St. Joseph's Wayne Medical Center nearby. The community benefits from a high physician-to-resident ratio of 3.1 per 1,000 people and 95.5% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
St. Joseph's Wayne Medical Center
Address
224 Hamburg Turnpike, Wayne, NJ 07470
Phone
(973) 942-6900
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
3.1
Health Insurance Coverage
95.5%
Health Care Index
77.9

Housing Market

What is the housing market like in Preakness, NJ?

The local housing market is strong, with a median home price of $525,000 and an owner-occupied rate of nearly 78%. The market has seen a 6.2% appreciation over the past year, and rental vacancy rates remain moderate at 3.2%. Preakness offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$525,000
Average Rent For 2 Bedroom
$2,050
Owner Occupied Rate
77.8%
Rental Vacancy Rate
3.2%
Home Appreciation Rate (1yr)
6.2%
New Construction Rate
1.2%
Foreclosure Rate
0.4%

DMV Information

Residents of Preakness handle vehicle services through the New Jersey Motor Vehicle Commission, conveniently located in Wayne. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
New Jersey
Department
New Jersey Motor Vehicle Commission
Address
481 Route 46 West, Wayne, NJ 07470
Phone
1-609-292-6500

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Preakness, NJ

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Preakness, review the core fields on this page: population 17,500, median home value $525,000, average rent for 2 bedroom $2,050, commute time 32.2 minutes, and sunny days percentage 54%.

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