Quick Answer: What Is The Best Place To Live In New Jersey?

What is considered rich in NJ?

If you have an annual salary of above $250,000, then congratulations, you are considered rich in New Jersey.

The Garden State is one of only 8 states that need at least a $250,000 annual salary to be considered rich..

Is 60000 a good salary in New Jersey?

The overall average in New Jersey for what is considered to be middle class income for a family of four is between $60,000 and $177,000 a year.

What is considered upper class in NJ?

Here’s how much you have to earn to be in the top 5% in the Garden State: Average top 5% annual income: $475,827. Minimum threshold needed to make the top 5%: $250,000.

What’s the worst part of New Jersey?

The 10 Worst Places To Live In New Jersey For 2021Newark.Lindenwold.Bridgeton.Plainfield.Vineland.Camden.Long Branch.Linden.More items…

How many millionaires live NJ?

293,992 millionaire householdsIn New Jersey, there are 293,992 millionaire households, for a ratio to total households of 8.95 percent, according to the Phoenix Marketing International report that tracks high net-worth households. The state was ranked second in 2017, when it had 258,988.

Where do celebrities live in NJ?

If MTV ever wanted to reboot “Cribs” and focus an episode on New Jersey’s rich and famous, it should start with Bergen County. Four upscale boroughs — Alpine, Cresskill, Franklin Lakes, and Saddle River — are home to a slew of wealthy celebrities living in lavish mansions, sometimes on the same street.

What is the safest town in New Jersey?

The 50 Safest Cities in New Jersey#1. River Vale Township. +12. Population 10,157. … #2. Kinnelon. +73. Population 10,080. … #3. Bergenfield. +6. Population 27,684. … #4. Mount Olive Township. +44. Population 28,994. … #5. Tenafly. +2. Population 14,742. … #6. Chatham Township. -4. Population 10,288. … #7. Bernards Township. -3. … #8. Dumont. +27.More items…•

What is a livable salary in New Jersey?

Living Wage Calculation for New Jersey1 ADULT2 ADULTS (1 WORKING)0 Children1 ChildLiving Wage$14.03$27.11Poverty Wage$6.00$10.25Minimum Wage$10.00$10.00

What is the richest town in NJ?

Glen Ridge ranks the richest of New Jersey towns, study findsThe Center Square. The Center Square. Author email…

Is it expensive to live in NJ?

New Jersey is a notoriously expensive state to live in. … As a result, New Jersey rents are well above average. Studio apartments in New Jersey have a median of $1,084 per month, according to 2019 data from Apartment List. That’s $257 above the national average.

Is it cheaper to live in NY or NJ?

Newark and Jersey City are both generally cheaper than New York City’s outer boroughs — with the exception of Hoboken, which rivals Manhattan in costliness — despite New Jersey boasting the highest property tax rate in the country. Keep scrolling for a full breakdown of the fixed monthly costs in each place.

Why is rent so high in New Jersey?

On a statewide basis you have a high population density and incomes that are significantly higher than the national average. Property taxes are also among the highest in the country which also helps to drive up costs for providing rental properties.

What is the nicest town in New Jersey?

The Most Beautiful Towns in New Jersey, USACape May. Architectural Landmark. Facebook. … Lambertville. Architectural Landmark. Facebook. … Collingswood. Architectural Landmark. Facebook. … Allentown. Architectural Landmark. Facebook. … Spring Lake. Architectural Landmark. Facebook. … Clinton. Architectural Landmark. … Frenchtown. Architectural Landmark. … Cranbury. Architectural Landmark.More items…•

What is the cheapest place to live in New Jersey?

Most Affordable Places to Live in New JerseyHightstown.New Brunswick.Phillipsburg.Pompton Lakes.Rahway.Toms River.

How much money do you need to live comfortably in NJ?

The group, for instance, estimates a family of two adults and two children in Morris County would need to earn a combined $104,121 per year — or $8,677 a month — to live comfortably. Here’s how the group breaks down that number: Housing: $1,560 per month. Food: $870 per month.