Pros and Cons of Living In Elmwood Park, New Jersey. Is Elmwood Park, NJ a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Elmwood Park, New Jersey

Moving to Elmwood Park In New Jersey ? Is Elmwood Park, NJ a Nice Place To Live? Pros and Cons of Living in Elmwood Park, New Jersey. Find out the best and worst about to live, raise a family or retire in Elmwood Park.

DEMOGRAPHICS

Population
20019
Unemployment
7.1%
51% NAT AVG.
Poverty
9.4%
33% NAT AVG.
Cost Of Living
129
29% NAT AVG.

ECONOMICS

Median Home Cost
$369500
61% NAT AVG.
Median Income
$75779
12% NAT AVG.
Median Rent
$1698
46% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
278
41% NAT. AVG.
3% STATE AVG.
Violent Crime
19
76% NAT. AVG.
51% STATE AVG.
Property Crime
259
34% NAT. AVG.
12% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 11
Unemployed People
1 in 14
People Earning < $10,000
1 in 18
People Earning < $50,000
31.3%
People With Any Degree
1 in 2.6

ETHNICITY

Ethnicity Elmwood Park USA
White 52.6% 60.1%
African American 7.7% 12.2%
American Indian 0% 0.6%
Asian 9% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.4% 2.8%
Hispanic 27.8% 18.2%
Other 1.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Elmwood Park USA
Less than $10,000 5.6% 5.8%
$10,000 to $14,999 2.2% 4.1%
$15,000 to $24,999 7.2% 8.5%
$25,000 to $34,999 8% 8.6%
$35,000 to $49,999 8.3% 12.0%
$50,000 to $74,999 17.3% 17.2%
$75,000 to $99,999 15.3% 12.8%
$100,000 to $149,999 21.2% 15.6%
$150,000 to $199,999 8% 7.1%

EDUCATION

Education Elmwood Park USA
< 9th Grade 5% 5.0%
9-12th Grade 5% 7.0%
High School or GED 36% 27.0%
Other College 16% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 21% 20.0%
Master's Degree 7% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Elmwood Park is a city in New Jersey state in USA with a population of 20019 residents.. The poverty rate of Elmwood Park is 9.4%, which is 33% lower than national average. The typical household in Elmwood Park earns $75779 a year, compared to the national median of $67,500. Nearly 31.3% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Elmwood Park remained 7.1%, which is 51% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Elmwood Park is 129, which is 29% higher than national average. In Elmwood Park, only 31% of adults have a bachelor's degree and 23% have some college but no degree. Median home value in Elmwood Park is $369500 , which is 61% higher than national average. While median income in Elmwood Park remained $75779, which is 12% 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.
Elmwood Park Scorecard

Jobs70%

Housing90%

Affordability40%

Safety80%

Amenities95%

Diversity95%

Education80%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS