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

Is Rutherford, New Jersey a good place to live?
Rutherford is a city in New Jersey state in USA with a population of 18376 residents.. The poverty rate of Rutherford is 5.8%, which is 59% lower than national average. The typical household in Rutherford earns $106817 a year, compared to the national median of $67,500. Nearly 21.3% 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 Rutherford, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Rutherford remained 3.8%, which is 19% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Rutherford, only 52% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Rutherford is 137, which is 37% higher than national average. Median home value in Rutherford is $476200 , which is 107% higher than national average. While median income in Rutherford remained $106817, which is 58% 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
18376
Unemployment
3.8%
19% NAT AVG.
Poverty
5.8%
59% NAT AVG.
Overall Score
9.5
Median Home Cost
$476200
107% NAT AVG.
Median Income
$106817
58% NAT AVG.
Median Rent
$1474
27% NAT AVG.
Cost Of Living
137
37% NAT AVG.
People Living BPL
1 in 17
Unemployed People
1 in 26
People Earning < $10,000
1 in 23
People Earning < $50,000
21.3%
People with <= High School
1 in 3.7
People With Any Degree
1 in 1.7
Pros & Cons Overview

Jobs85%

Housing90%

Affordability70%

Safety85%

Amenities95%

Diversity95%

Education90%

Commute40%