Bogota 80 Exceptional
Bogota Livability #59 ranked city in New Jersey#1,372 ranked city in the USARanks better than 95% of areas

Pros and Cons of Living in Bogota

PROS
  • Commute

    High commute scores indicates that public transit should be easily accessible in this area and the average commute time to work is less than average.

  • Crime

    With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.

  • Employment

    The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.

  • Housing

    This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.

  • Health & Safety

    A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.

CONS
  • Amenities

    A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.

  • Cost Of Living

    Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.

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What's it like Living in Bogota?

Bogota is a small city located in the state of New Jersey. The city has a population of 8,375 people. With a population density of 11,098 people per square mile, Bogota is well above the nation's average density level. If we look at the most recent Census, Bogota is known to have a predominantly White population. The next two most common races are Black and Asian. Additionally, more than a quarter of the population of Bogota are of Hispanic or Latino origin, and 34% of the population also speak Spanish. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Bogota entails a longer-than-average one-way commute time, averaging 31 minutes.

Are you trying to decide if living in Bogota is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in New Jersey, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Bogota and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, commute, education, housing and other important metrics.

With a livability score of 79/100, Bogota is ranked #1,418 in the United States and #59 in New Jersey. This is a terrific score, as Bogota ranks well in multiple categories! Another exciting tidbit, is that Bogota ranks better than 90% of all US cities! If we take a closer look at each of the categories individually, we see that Bogota ranks well for crime (A+), education (A-) and housing (A). The bad news for Bogota, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).

The unemployment rate in Bogota has consistently declined over the years and currently stands well below the national average at 2.49%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Finding affordable real estate and housing in Bogota can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Bogota is real estate affordability. Median real estate prices in Bogota come in at $335,400, which is 6% higher than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Bogota, the home price to income ratio is 3.4, which is 20.9% lower than the New Jersey average.

Best Places to Live in and Around Bogota

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Compare Bogota, NJ Livability

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      Bogota transportation information

      Statistic Bogota New Jersey National
      Average one way commute31min31min26min
      Workers who drive to work67.9%71.7%76.4%
      Workers who carpool10.2%8.1%9.3%
      Workers who take public transit16.9%11.2%5.1%
      Workers who bicycle0.2%0.3%0.6%
      Workers who walk0.9%3.0%2.8%
      Working from home3.0%4.1%4.6%
      Source: The Bogota, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).