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

Is Ramsey, New Jersey a good place to live?
Ramsey is a city in New Jersey state in USA with a population of 14915 residents.. The poverty rate of Ramsey is 1.3%, which is 91% lower than national average. The typical household in Ramsey earns $156058 a year, compared to the national median of $67,500. Nearly 11.3% 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 Ramsey, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ramsey remained 2.3%, which is 51% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ramsey, only 70% of adults have a bachelor's degree and 14% have some college but no degree.

Cost of living in Ramsey is 154, which is 54% higher than national average. Median home value in Ramsey is $605600 , which is 164% higher than national average. While median income in Ramsey remained $156058, which is 131% 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
14915
Unemployment
2.3%
51% NAT AVG.
Poverty
1.3%
91% NAT AVG.
Overall Score
7
Median Home Cost
$605600
164% NAT AVG.
Median Income
$156058
131% NAT AVG.
Median Rent
$1733
49% NAT AVG.
Cost Of Living
154
54% NAT AVG.
People Living BPL
1 in 77
Unemployed People
1 in 43
People Earning < $10,000
1 in 91
People Earning < $50,000
11.3%
People with <= High School
1 in 6.3
People With Any Degree
1 in 1.3
Pros & Cons Overview

Jobs90%

Housing95%

Affordability80%

Safety90%

Amenities90%

Diversity80%

Education90%

Commute30%