Hoboken is a larger medium-sized city located in the state of New Jersey. With a population of 60,419 people and 16 constituent neighborhoods, Hoboken is the 21st largest community in New Jersey. Hoboken has an unusually large stock of pre-World War II architecture, making it one of the older and more historic cities.
Hoboken home prices are not only among the most expensive in New Jersey, but Hoboken real estate also consistently ranks among the most expensive in America.
Hoboken is a decidedly white-collar city, with fully 96.86% of the workforce employed in white-collar jobs, well above the national average. Overall, Hoboken is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Hoboken who work in management occupations (23.11%), business and financial occupations (17.72%), and sales jobs (11.78%).
Also of interest is that Hoboken has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Hoboken is also a city of artists. Hoboken has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Hoboken’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.29% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another interesting thing about Hoboken, despite not being a huge city, is that there is a relatively high proportion of people living here who are young, single, and upwardly-mobile professionals. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
In Hoboken, however, the average commute to work is quite long. On average, people spend 39.53 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the city is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.
Although the majority of commuting trips in the city are by private automobile, Hoboken is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the subway helps to get to and from their jobs every morning, which benefits everyone in the Hoboken area by reducing both traffic and air pollution.
Do you like to read, write and learn? If you move to Hoboken, you'll likely find that many of your neighbors like to as well. Hoboken is one of the more educated communities in America, with a full 79.55% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Hoboken in 2018 was $93,085, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $372,340 for a family of four.
Hoboken is an extremely ethnically-diverse city. The people who call Hoboken home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Hoboken residents report their race to be White, followed by Asian. Hoboken also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.34% of the city’s residents. Important ancestries of people in Hoboken include Italian, Irish, German, English, and Polish.
In addition, Hoboken has a lot of people living here who were born outside of the US (19.39%).
The most common language spoken in Hoboken is English. Other important languages spoken here include Spanish and Chinese.