Fort Lee is a medium-sized city located in the state of New Jersey. The city has a population of 36,607 inhabitants. With a population density of 14,540 people per square mile, Fort Lee is well above the nation's average density level. Individuals of White (50%) and Asian (42%) backgrounds make up a significant portion of the population of Fort Lee. 80% of the people in Fort Lee (over the age of 15) are married and 62% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Fort Lee could be a positive experience compared to other cities in New Jersey if you know where to look. Using the livability score which includes data from categories like amenities, crime, weather, employment, housing, you can easily compare the best places to live in Fort Lee and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Fort Lee to New Jersey and the national average.
With a livability score of 75 out of 100, Fort Lee is ranked #5,134 in the United States and #71 in New Jersey. Clearly, Fort Lee is doing something right, as this score ranks well above the average of most cities. If we dig a little deeper into each category within the livability score, we see that Fort Lee has higher than average rankings for the following: amenities (A+), crime (A+), education (A) and employment (B). Fort Lee does not rank well for the following: cost of living (F) and housing (F). It might be wise to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Fort Lee on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Fort Lee has a violent crime rate of 68 crimes per 100,000 residents which is far lower than the national average.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Fort Lee. 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 Fort Lee are affordable. Median real estate prices in Fort Lee come in at $326,500, which is 3.2% higher than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Fort Lee, the home price to income ratio is 4.3, which is 0% lower than the New Jersey average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Fort Lee area were 4.7% and 5 year appreciation rates were 4.8%.
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