Is Edgewater, New Jersey a Good Place To Live? - Living In Edgewater, NJ

Is Edgewater, New Jersey a good place to live?
Edgewater is a city in New Jersey state in USA with a population of 12890 residents.. The poverty rate of Edgewater is 5%, which is 64% lower than national average. The typical household in Edgewater earns $130267 a year, compared to the national median of $67,500. Nearly 21.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Edgewater, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Edgewater remained 3.3%, which is 30% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Edgewater, only 75% of adults have a bachelor's degree and 10% have some college but no degree.

Cost of living in Edgewater is 171, which is 71% higher than national average. Median home value in Edgewater is $617500 , which is 169% higher than national average. While median income in Edgewater remained $130267, which is 93% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
12890
Unemployment
3.3%
30% NAT AVG.
Poverty
5%
64% NAT AVG.
Overall Score
7.5
Median Home Cost
$617500
169% NAT AVG.
Median Income
$130267
93% NAT AVG.
Median Rent
$2422
109% NAT AVG.
Cost Of Living
171
71% NAT AVG.
People Living BPL
1 in 20
Unemployed People
1 in 30
People Earning < $10,000
1 in 21
People Earning < $50,000
21.6%
People with <= High School
1 in 6.7
People With Any Degree
1 in 1.3
Pros & Cons Overview

Jobs90%

Housing100%

Affordability50%

Safety85%

Amenities90%

Diversity100%

Education100%

Commute20%