Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Cost Of Living
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Pine Lake Park, New Jersey is a small city with a population of 8,954 residents. In Pine Lake Park, there are 3,610 people per square mile, which is well above the national population density average. According to the most recent Census, 88% of Pine Lake Park residents are White, 3% Black and 3% Asian. Something to be aware of when living in Pine Lake Park 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 30 minutes, this comes in much higher than the national average of 26 minutes.
Living in Pine Lake Park can be a fulfilling experience for anyone relocating to the city. Having said that, in the state of New Jersey, there are many desirable 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. Using the livability score which includes data from categories like commute, education, employment, you can easily compare the best places to live in Pine Lake Park and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Pine Lake Park to New Jersey and the national average.
Pine Lake Park, NJ receives 65/100 for its livability score; this results in a ranking of #356 in New Jersey and #11,115 in the USA. Based on the rankings for each individual category, Pine Lake Park has received high marks for crime (B+), employment (A+) and housing (A+). On a more negative note, Pine Lake Park does not have favorable grades for the following: amenities (F), cost of living (F) and education (D-). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Pine Lake Park, the unemployment rate stands at 1.86%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Pine Lake Park apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Pine Lake Park is actually affordable. The median home price for Pine Lake Park homes is $269,100, which is 14.9% lower than the New Jersey average. If we take a closer look at the affordability of homes in Pine Lake Park, we’ll see that the home price to income ratio is 3.1, which is 27.9% lower than the New Jersey average.
| Statistic | Pine Lake Park | New Jersey | National |
| Average one way commute | 30min | 31min | 26min |
| Workers who drive to work | 85.4% | 71.7% | 76.4% |
| Workers who carpool | 6.3% | 8.1% | 9.3% |
| Workers who take public transit | 0.8% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 3.0% | 2.8% |
| Working from home | 6.6% | 4.1% | 4.6% |
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