Is Hoboken, New Jersey a Good Place To Live? - Living In Hoboken, NJ
Is Hoboken, New Jersey a good place to live?
Hoboken is a city in New Jersey state in USA with a population of 53283 residents..
The poverty rate of Hoboken is 7%, which is 50% lower than national average.
The typical household in Hoboken earns $153438 a year, compared to the national median of $67,500.
Nearly 18% 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 Hoboken, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hoboken remained 3.2%, which is 32% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hoboken, only 80% of adults have a bachelor's degree and 7% have some college but no degree.
Cost of living in Hoboken is 182, which is 82% higher than national average. Median home value in Hoboken is $759800 , which is 231% higher than national average. While median income in Hoboken remained $153438, which is 127% 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.
A high school education is a basic prerequisite for most jobs, and in Hoboken, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hoboken remained 3.2%, which is 32% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hoboken, only 80% of adults have a bachelor's degree and 7% have some college but no degree.
Cost of living in Hoboken is 182, which is 82% higher than national average. Median home value in Hoboken is $759800 , which is 231% higher than national average. While median income in Hoboken remained $153438, which is 127% 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
53283
Unemployment
3.2%
Poverty
7%
Overall Score
10
Median Home Cost
$759800
231%
NAT AVG.
Median Income
$153438
127%
NAT AVG.
Median Rent
$2360
103%
NAT AVG.
Cost Of Living
182
82%
NAT AVG.
People Living BPL
1 in 14
Unemployed People
1 in 31
People Earning < $10,000
1 in 31
People Earning < $50,000
18%
People with <= High School
1 in 7.7
People With Any Degree
1 in 1.2
Pros & Cons Overview
Jobs90%
Housing100%
Affordability60%
Safety80%
Amenities100%
Diversity85%
Education90%
Commute30%
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