Fanwood 77 Exceptional
Fanwood Livability #107 ranked city in New Jersey#2,623 ranked city in the USARanks better than 91% of areas

Pros and Cons of Living in Fanwood

PROS
  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Schools

    The schools category boasts a high score thanks to factors like excellent test scores, impressive graduation rates and the convenient placement of elementary and high schools in this area.

CONS
  • Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

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What's it like Living in Fanwood?

Fanwood is a small city located in the state of New Jersey. The city has a population of 7,686 inhabitants. Fanwood has a population density of 5,737 people per square mile. This would be considered well above the national population density level. The majority of Fanwood residents report their race to be White; this is followed by Asian and Black. Something to be aware of when living in Fanwood are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 46 minutes, this comes in much higher than the national average of 26 minutes.

Living in Fanwood can be a great experience for anyone moving to the area. Having said that, in the state of New Jersey, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Fanwood and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, commute, employment, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.

With a livability score of 77 out of 100, Fanwood is ranked #2,184 in the United States and #96 in New Jersey. Pack your bags! This is a very high score in comparison to other US cities. Living in Fanwood could be a great choice! Fanwood also ranks in the top 10 percent of all cities, which is no small feat! If we consider each of the categories individually, we see that Fanwood ranks well for crime (A+), education (A+) and housing (A+). Unfortunately for Fanwood, there are some categories for which it does not rank well, this includes: amenities (F).

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Fanwood excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Assuming that Fanwood meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Fanwood. Everything else becomes a lot less important if it turns out that home prices in Fanwood are simply unattainable. The median home price for Fanwood homes is $495,700, which is 56.7% higher than the New Jersey average. If we take a closer look at the affordability of homes in Fanwood, we’ll see that the home price to income ratio is 2.9, which is 32.6% lower than the New Jersey average.

Best Places to Live in and Around Fanwood

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How Do You Rate The Livability In Fanwood?

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Compare Fanwood, NJ Livability

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      Fanwood transportation information

      Statistic Fanwood New Jersey National
      Average one way commute46min31min26min
      Workers who drive to work61.4%71.7%76.4%
      Workers who carpool6.9%8.1%9.3%
      Workers who take public transit13.3%11.2%5.1%
      Workers who bicycle0.4%0.3%0.6%
      Workers who walk1.7%3.0%2.8%
      Working from home15.9%4.1%4.6%
      Source: The Fanwood, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).