Most Expensive Hoboken Neighborhoods
Hoboken is a larger medium-sized city located in the state of New Jersey. With a population of 53,312 people and 14 constituent neighborhoods, Hoboken is the 27th 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 96.39% 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 (18.70%), business and financial occupations (15.89%) and sales jobs (15.26%).
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.
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.
One thing noticeable about Hoboken, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Hoboken is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Hoboken a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
In Hoboken, however, the average commute to work is quite long. On average, people spend 39.57 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.
If knowledge is power, Hoboken is a pretty powerful place. 74.25% of the adults in Hoboken have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Hoboken in 2010 was $69,476, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $277,904 for a family of four. However, Hoboken contains both very wealthy and poor people as well.
Hoboken is a somewhat 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 17.05% of the city’s residents. Important ancestries of people in Hoboken include Italian, Irish, German, Polish, English and Russian.
Hoboken also has a high percentage of its population that was born in another country: 16.02%.
The most common language spoken in Hoboken is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||24,330|
|HOBOKEN HOME OWNERSHIP|
|% OWNER OCCUPIED||30.12%|
|% RENTER OCCUPIED||69.88%|
|TYPE OF HOBOKEN HOMES|
|SINGLE FAMILY DETACHED||1.24%|
|ROWHOUSES AND ATTACHED HOMES||3.42%|
|SMALL APARTMENT BUILDINGS||20.08%|
|COMPLEXES OR HIGH RISE APARTMENTS||75.19%|
|SIZE OF HOBOKEN HOMES|
|5 OR MORE BEDROOMS||0.43%|
|AGE OF HOBOKEN HOMES|
|NEWER HOMES (2000 OR LATER)||25.50%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||17.99%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||15.96%|
|HISTORIC (1939 OR BEFORE)||40.55%|
|HOBOKEN REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$587,489|
|MEDIAN RENTAL PRICE||$2,138|
|HOME VALUE RANGE|
|$0 - $53,000||1.02%|
|$53,001 - $107,000||0.09%|
|$107,001 - $213,000||0.98%|
|$213,001 - $320,000||4.57%|
|$320,001 - $427,000||14.78%|
|$427,001 - $533,000||20.22%|
|$533,001 - $800,000||32.93%|
|$800,001 - $1,067,000||9.96%|
|PEOPLE OF HOBOKEN||DETAILS|
|UNDER 5 YEARS||6.93%|
|5 TO 17||6.31%|
|18 TO 24||11.12%|
|25 TO 34||37.11%|
|35 TO 54||25.81%|
|55 TO 64||6.32%|
|65 YEARS AND OVER||6.40%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||92.96%|
|MEDIAN HOUSEHOLD INCOME||$106,875|
|PER CAPITA INCOME||$69,476|
|INDIVIDUALS BELOW POVERTY LEVEL||11.41%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (20.51%)
Information Technology (7.21%)
Public Service (2.77%)
Real estate (2.01%)
|BLACK OR AFRICAN AMERICAN||2.99%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.04%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.03%|
|SOME OTHER RACE ALONE||1.19%|
|TWO OR MORE RACES||3.04%|
|HISPANIC OR LATINO (OF ANY RACE)||17.05%|
|ETHNICITIES PRESENT||Italian (23.05%)
|LANGUAGES SPOKEN||English (78.93%)
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