Is New Rochelle, New York a Good Place To Live? - Living In New Rochelle, NY

Is New Rochelle, New York a good place to live?
New Rochelle is a city in New York state in USA with a population of 79367 residents.. The poverty rate of New Rochelle is 11%, which is 21% lower than national average. The typical household in New Rochelle earns $81735 a year, compared to the national median of $67,500. Nearly 32.5% 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 New Rochelle, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Rochelle remained 7%, which is 49% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Rochelle, only 44% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in New Rochelle is 160, which is 60% higher than national average. Median home value in New Rochelle is $562300 , which is 145% higher than national average. While median income in New Rochelle remained $81735, which is 21% 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
79367
Unemployment
7%
49% NAT AVG.
Poverty
11%
21% NAT AVG.
Overall Score
7
Median Home Cost
$562300
145% NAT AVG.
Median Income
$81735
21% NAT AVG.
Median Rent
$1537
33% NAT AVG.
Cost Of Living
160
60% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 14
People Earning < $10,000
1 in 19
People Earning < $50,000
32.5%
People with <= High School
1 in 2.7
People With Any Degree
1 in 2
Pros & Cons Overview

Jobs80%

Housing95%

Affordability40%

Safety100%

Amenities100%

Diversity100%

Education80%

Commute40%