Hoboken 83 Exceptional
Hoboken Livability #32 ranked city in New Jersey#776 ranked city in the USARanks better than 97% of areas

Pros and Cons of Living in Hoboken

  • Amenities

    The area boasts an ample array of local amenities, such as restaurants, entertainment options, grocery stores and parks, all conveniently located within walking distance.

  • Commute

    A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.

  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

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What's it like Living in Hoboken?

Hoboken, New Jersey is a moderately-sized city with a population of 53,283 people. Hoboken has a population density of 42,619 people per square mile. This would be considered well above the national population density level. According to the most recent Census, 77% of Hoboken residents are White, 12% Asian and 3% Black. Hoboken tends to attract a younger crowd, as the median age of 32 is far below the national average. All the single ladies and all the single fellas might want to take notice as only 43% of the Hoboken 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 Hoboken offers up a higher than average one way commute time of 39 minutes.

Without the right tools, relocating to any new city can be very stressful and challenging. Living in Hoboken, New Jersey could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Hoboken, AreaVibes has created a livability score using key metrics like amenities, education, employment, housing and more.

The livability score in Hoboken is 83 out of 100 and the city is ranked in the 97th percentile of all cities across America. This is a phenomenal score, as Hoboken ranks well in multiple categories! Hoboken has also earned the rare honor of ranking in the top 10 percentile among all cities. If we dig a little deeper into each category within the livability score, we see that Hoboken has higher than average scores for the following: crime (A), education (A+) and housing (B+).

If you're living in Hoboken, you can expect to enjoy a multitude of local amenities, mostly thanks to the strategic placement of essential services such as grocery stores, restaurants, coffee shops, parks and various shops. If you're contemplating a move to this locale with the intent of establishing it as your permanent residence, you'll be pleased to find an extensive array of amenities and recreational opportunities within easy reach, either on foot or via a brief commute. This wealth of accessible amenities not only enhances the livability of the area but also ensures that you can enjoy a rich and fulfilling lifestyle, making Hoboken an attractive destination for those seeking a vibrant and well-served community to call home. Some of the interesting things to do and attractions include: Mangia Hoboken! The Hoboken Food & Culture Tour, Bliss Spa, and Hoboken Historical Museum.

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. Hoboken shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 155 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 Hoboken unemployment rate of 2.53% 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, Hoboken has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Hoboken 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 Hoboken. The median home price for Hoboken homes is $759,800, which is 140.1% higher than the New Jersey average. If we take a closer look at the affordability of homes in Hoboken, we’ll see that the home price to income ratio is 5, which is 16.3% higher than the New Jersey average.

Best Places to Live in and Around Hoboken

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      Hoboken transportation information

      Statistic Hoboken New Jersey National
      Average one way commute39min31min26min
      Workers who drive to work21.7%71.7%76.4%
      Workers who carpool1.4%8.1%9.3%
      Workers who take public transit52.7%11.2%5.1%
      Workers who bicycle0.8%0.3%0.6%
      Workers who walk9.8%3.0%2.8%
      Working from home12.3%4.1%4.6%
      Source: The Hoboken, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).