Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Cost Of Living
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Located in the state of New Jersey, Avenel is a mid-sized city with a population of 17,862 inhabitants. Avenel has a population density of 5,133 people per square mile. This would be considered well above the national population density level. Single men and women might be happy to hear that in Avenel, only 48% of the population is married. 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 Avenel offers up a higher than average one way commute time of 36 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Avenel could be a positive experience compared to other cities in New Jersey if you know where to look. 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. Using the livability score which includes data from categories like amenities, crime, cost of living, commute, education, you can easily compare the best places to live in Avenel and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Avenel to New Jersey and the national average.
Using data and statistics Avenel has received a livability score of 70/100. This score is ranked in the 77th percentile when compared to all other cities. There are nine total categories that form the livability score. Avenel scores well for crime (B-), employment (A+) and housing (A+) There is at least one category that does not have great scores in Avenel. The following was graded with a concerning score: amenities (F), cost of living (F) and education (D).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Avenel has an unemployment rate of 2.5% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving 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. Avenel 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 Avenel 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 Avenel. Everything else becomes a lot less important if it turns out that home prices in Avenel are simply unattainable. The median home price for Avenel homes is $487,328, which is 12.3% lower than the New Jersey average. If we take a closer look at the affordability of homes in Avenel, we’ll see that the home price to income ratio is 4.5, which is 11.8% lower than the New Jersey average.
| Statistic | Avenel | New Jersey | National |
| Average one way commute | 36min | 31min | 26min |
| Workers who drive to work | 73.7% | 71.7% | 76.4% |
| Workers who carpool | 7.2% | 8.1% | 9.3% |
| Workers who take public transit | 11.4% | 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 | 6.1% | 4.1% | 4.6% |
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