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

Is Colonia, New Jersey a good place to live?
Colonia is a city in New Jersey state in USA with a population of 17782 residents.. The poverty rate of Colonia is 5.3%, which is 62% lower than national average. The typical household in Colonia earns $108364 a year, compared to the national median of $67,500. Nearly 17.7% 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 Colonia, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Colonia remained 3.4%, which is 28% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Colonia, only 40% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Colonia is 127, which is 27% higher than national average. Median home value in Colonia is $369200 , which is 61% higher than national average. While median income in Colonia remained $108364, which is 61% 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
17782
Unemployment
3.4%
28% NAT AVG.
Poverty
5.3%
62% NAT AVG.
Overall Score
7
Median Home Cost
$369200
61% NAT AVG.
Median Income
$108364
61% NAT AVG.
Median Rent
$1657
43% NAT AVG.
Cost Of Living
127
27% NAT AVG.
People Living BPL
1 in 19
Unemployed People
1 in 29
People Earning < $10,000
1 in 53
People Earning < $50,000
17.7%
People with <= High School
1 in 2.8
People With Any Degree
1 in 2.2
Pros & Cons Overview

Jobs85%

Housing90%

Affordability70%

Safety90%

Amenities90%

Diversity90%

Education85%

Commute40%