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

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Hoboken, New Jersey

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

DEMOGRAPHICS

Population
53283
Unemployment
3.2%
32% NAT AVG.
Poverty
7%
50% NAT AVG.
Cost Of Living
182
82% NAT AVG.

ECONOMICS

Median Home Cost
$759800
231% NAT AVG.
Median Income
$153438
127% NAT AVG.
Median Rent
$2360
103% NAT AVG.
Overall Score
10

CRIME REPORT

Total Crime
840
32% NAT. AVG.
17% STATE AVG.
Violent Crime
66
68% NAT. AVG.
36% STATE AVG.
Property Crime
774
25% NAT. AVG.
26% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 14
Unemployed People
1 in 31
People Earning < $10,000
1 in 31
People Earning < $50,000
18%
People With Any Degree
1 in 1.2

ETHNICITY

Ethnicity Hoboken USA
White 67.1% 60.1%
African American 2.6% 12.2%
American Indian 0% 0.6%
Asian 11.7% 5.6%
Hawaiian 0% 0.2%
Multiracial 3% 2.8%
Hispanic 15.3% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Hoboken USA
Less than $10,000 3.2% 5.8%
$10,000 to $14,999 2.6% 4.1%
$15,000 to $24,999 3.8% 8.5%
$25,000 to $34,999 3.2% 8.6%
$35,000 to $49,999 5.2% 12.0%
$50,000 to $74,999 7.7% 17.2%
$75,000 to $99,999 9.1% 12.8%
$100,000 to $149,999 14.5% 15.6%
$150,000 to $199,999 13.9% 7.1%

EDUCATION

Education Hoboken USA
< 9th Grade 3% 5.0%
9-12th Grade 2% 7.0%
High School or GED 8% 27.0%
Other College 6% 20.0%
Associate's Degree 1% 9%
Bachelor's Degree 48% 20.0%
Master's Degree 21% 9.0%
Professional Degree 7% 2.0%
Doctorate Degree 4% 1.0%
Hoboken is a city in New Jersey state in USA with a population of 53283 residents.. The poverty rate of Hoboken is 7%, which is 50% lower than national average. The typical household in Hoboken earns $153438 a year, compared to the national median of $67,500. Nearly 18% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Hoboken remained 3.2%, which is 32% lower than national rate.

Cost of living in Hoboken is 182, which is 82% higher than national average. In Hoboken, only 80% of adults have a bachelor's degree and 7% have some college but no degree. Median home value in Hoboken is $759800 , which is 231% higher than national average. While median income in Hoboken remained $153438, which is 127% 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.
Hoboken Scorecard

Jobs90%

Housing100%

Affordability60%

Safety80%

Amenities100%

Diversity85%

Education90%

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