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

Is Jersey City, New Jersey a good place to live?
Jersey City is a city in New Jersey state in USA with a population of 262652 residents.. The poverty rate of Jersey City is 15.7%, which is 12% higher than national average. The typical household in Jersey City earns $76444 a year, compared to the national median of $67,500. Nearly 35.5% 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 Jersey City, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Jersey City remained 5.3%, which is 13% 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 Jersey City, only 50% of adults have a bachelor's degree and 17% have some college but no degree.

Cost of living in Jersey City is 139, which is 39% higher than national average. Median home value in Jersey City is $406200 , which is 77% higher than national average. While median income in Jersey City remained $76444, which is 13% 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
262652
Unemployment
5.3%
13% NAT AVG.
Poverty
15.7%
12% NAT AVG.
Overall Score
8
Median Home Cost
$406200
77% NAT AVG.
Median Income
$76444
13% NAT AVG.
Median Rent
$1485
28% NAT AVG.
Cost Of Living
139
39% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 19
People Earning < $10,000
1 in 14
People Earning < $50,000
35.5%
People with <= High School
1 in 3
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs80%

Housing90%

Affordability40%

Safety60%

Amenities100%

Diversity100%

Education80%

Commute30%