Located in the state of New Jersey, New Brunswick is a moderately-sized city with a population of 56,427 people. In New Brunswick, there are 10,783 people per square mile, which is well above the national population density average. If we take a look at the last Census, the vast majority of the population falls within one racial group (67% White). Given that fact, New Brunswick could be considered less diverse than other cities. Additionally, more than a quarter of the population of New Brunswick are of Hispanic or Latino origin, and 50% of the population also speak Spanish. If you are a young adult or student, you might be pleased to know that the average age of all New Brunswick residents is 24. All the single ladies (and all the single fellas) might want to take notice as only 49% of the New Brunswick population is married.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a good experience if you are willing to get to know the area before actually living in New Brunswick, New Jersey. The best areas in New Brunswick and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, weather, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.
With a livability score of 52 out of 100, New Brunswick is ranked #28,304 in the United States and #536 in New Jersey. This is a lower than the US average livability score as New Brunswick does not rank well for most categories. New Brunswick has also earned the dubious distinction of of being ranked among the bottom 10 percent of all US cities. If we dig down a little deeper into each category within the livability score, we see that New Brunswick has higher than average grades for the following: amenities (A+). There is at least one category that did not score well in New Brunswick. The following was graded with a discouraging score: crime (F), cost of living (F), education (F), employment (F) and housing (F).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., New Brunswick has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Assuming that New Brunswick meets all of your requirements, the next most important item to examine is the affordability of real estate in New Brunswick. Everything else becomes a lot less important if it turns out that home prices in New Brunswick are simply unattainable. The median home price for New Brunswick homes is $253,300, which is 19.9% lower than the New Jersey average. If we take a closer look at the affordability of homes in New Brunswick, we’ll see that the home price to income ratio is 6.3, which is 46.5% higher than the New Jersey average. Year over year appreciation rates for homes in the New Brunswick area were 11.4% and the 5 year appreciation rates came in at 5.3%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.