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

Is Asbury Park, New Jersey a good place to live?
Asbury Park is a city in New Jersey state in USA with a population of 15536 residents.. The poverty rate of Asbury Park is 22.5%, which is 61% higher than national average. The typical household in Asbury Park earns $53655 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 48.2% 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 Asbury Park, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Asbury Park remained 8.3%, which is 77% higher than national rate. Nearly 2 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 Asbury Park, only 39% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Asbury Park is 138, which is 38% higher than national average. Median home value in Asbury Park is $397900 , which is 73% higher than national average. While median income in Asbury Park remained $53655, which is 21% lower than national average.
Population
15536
Unemployment
8.3%
77% NAT AVG.
Poverty
22.5%
61% NAT AVG.
Overall Score
5
Median Home Cost
$397900
73% NAT AVG.
Median Income
$53655
21% NAT AVG.
Median Rent
$1292
11% NAT AVG.
Cost Of Living
138
38% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 12
People Earning < $10,000
1 in 8
People Earning < $50,000
48.2%
People with <= High School
1 in 2.6
People With Any Degree
1 in 2.3
Pros & Cons Overview

Jobs60%

Housing90%

Affordability30%

Safety30%

Amenities95%

Diversity100%

Education80%

Commute40%