Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
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.
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.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Richwood is a small-sized city located in the state of New Jersey. The city has a population of 3,967 people. If we look at the most recent Census, Richwood is known to have a predominantly White population. The next two most common races are Black and Asian. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Richwood entails a longer-than-average one-way commute time, averaging 33 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Richwood could be a positive experience compared to other cities in New Jersey if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Richwood, AreaVibes has created a livability score using key metrics like amenities, cost of living, education, employment, housing and more.
The livability score in Richwood is 61 out of 100 and the city is ranked in the 46th percentile of all cities across America. If we probe a little deeper into each category within the livability score, we see that Richwood has higher than average grades for the following: crime (A+), employment (A+) and housing (A+). Regrettably for Richwood, there are some categories for which it does not rank well, this includes: amenities (F) and cost of living (F).
Finding affordable real estate and housing in Richwood can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
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 Richwood is actually affordable. Median real estate prices in Richwood come in at $405,500, which is 28.2% higher than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Richwood, the home price to income ratio is 2.4, which is 44.2% lower than the New Jersey average.
| Statistic | Richwood | New Jersey | National |
| Average one way commute | 33min | 31min | 26min |
| Workers who drive to work | 92.0% | 71.7% | 76.4% |
| Workers who carpool | 1.0% | 8.1% | 9.3% |
| Workers who take public transit | 1.4% | 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 | 5.1% | 4.1% | 4.6% |
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