Wanaque 72 Excellent
Wanaque Livability #193 ranked city in New Jersey#5,283 ranked city in the USARanks better than 81% of areas

Pros and Cons of Living in Wanaque

PROS
  • Crime

    This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.

  • Employment

    With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

  • Ratings

    According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.

CONS
  • Amenities

    The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.

  • Commute

    Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.

  • Cost Of Living

    This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.

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What's it like Living in Wanaque?

Wanaque is a medium-sized city located in the state of New Jersey. The city has a population of 11,719 inhabitants. If we look at the most recent Census, Wanaque is known to have a predominantly White population. The next two most common races are Asian and Black. Something to be aware of when living in Wanaque 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 32 minutes, this comes in much higher than the national average of 26 minutes.

Living in Wanaque can be a positive experience for anyone moving 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. With useful information like amenities, crime, cost of living, health & safety, housing and other key data points, finding the best places to live in Wanaque and in the areas around Wanaque is a much easier task.

With a livability score of 71 out of 100, Wanaque is ranked #5,215 in the United States and #198 in New Jersey. Based on the scores for each individual category, Wanaque has received high marks for crime (A+), education (B), employment (A+) and housing (A). On a less positive note, Wanaque does not have favorable grades for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.

Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Wanaque shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 36 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.

The Wanaque unemployment rate of 2.52% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Wanaque has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Wanaque. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Wanaque are affordable. The median home price for Wanaque homes is $318,400, which is 0.6% higher than the New Jersey average. If we take a closer look at the affordability of homes in Wanaque, we’ll see that the home price to income ratio is 3.3, which is 23.3% lower than the New Jersey average.

Best Places to Live in and Around Wanaque

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Compare Wanaque, NJ Livability

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      Wanaque transportation information

      Statistic Wanaque New Jersey National
      Average one way commute32min31min26min
      Workers who drive to work82.3%71.7%76.4%
      Workers who carpool5.8%8.1%9.3%
      Workers who take public transit1.8%11.2%5.1%
      Workers who bicycle0.3%0.3%0.6%
      Workers who walk1.9%3.0%2.8%
      Working from home4.7%4.1%4.6%
      Source: The Wanaque, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).