
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.
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
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.
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.
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.
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.
Wanaque is a medium-sized city located in the state of New Jersey. The city has a population of 12,174 people. According to the most recent Census, 88% of Wanaque residents are White, 6% Asian and 2% Black. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Wanaque offers up a higher than average one way commute time of 32 minutes.
Are you trying to ascertain if living in Wanaque is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in New Jersey, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like amenities, commute, health & safety, you can easily compare the best places to live in Wanaque and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Wanaque to New Jersey and the national average.
Wanaque, NJ receives 72 out of 100 for its livability score; this results in a ranking of #193 in New Jersey and #5,283 in the USA. If we consider each of the categories individually, we see that Wanaque ranks well for crime (A+), education (B) and housing (A+). Wanaque does not score well for the following: amenities (F) and cost of living (F). It might be a smart idea to take a closer look at each category to find out why.
Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 36 crimes per 100,000 residents, which signifies that Wanaque boasts an impressively low violent crime rate that falls well below the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Wanaque, the unemployment rate stands at 2.6%, 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.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Wanaque 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.
Wanaque real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Wanaque. Median real estate prices in Wanaque come in at $585,853, which is 5.5% higher than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Wanaque, the home price to income ratio is 4.1, which is 19.6% lower than the New Jersey average.
| Statistic | Wanaque | New Jersey | National |
| Average one way commute | 32min | 31min | 26min |
| Workers who drive to work | 82.3% | 71.7% | 76.4% |
| Workers who carpool | 5.8% | 8.1% | 9.3% |
| Workers who take public transit | 1.8% | 11.2% | 5.1% |
| Workers who bicycle | 0.3% | 0.3% | 0.6% |
| Workers who walk | 1.9% | 3.0% | 2.8% |
| Working from home | 4.7% | 4.1% | 4.6% |