Bound Brook 83 Exceptional
Bound Brook Livability #35 ranked city in New Jersey#867 ranked city in the USARanks better than 97% of areas

Pros and Cons of Living in Bound Brook

PROS
  • Amenities

    An abundance of amenities, including restaurants, coffee shops, grocery stores and fitness facilities, are conveniently situated within walking distance of the area.

  • 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.

CONS
  • 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 Bound Brook?

Bound Brook, New Jersey is a moderately-sized city with a population of 10,254 people. In Bound Brook, there are 6,172 people per square mile, which is well above the national population density average. The majority of Bound Brook residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Bound Brook are of Hispanic or Latino origin, and 44% of the population also speak Spanish. In Bound Brook, only 50% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Bound Brook is the right fit for you, your one way commute time will average 23 minutes, which is about average when compared to the national commute time of 26 minutes.

Living in Bound Brook can be a positive experience for anyone relocating to the town. Having said that, in the state of New Jersey, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Bound Brook and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, commute, health & safety, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.

The livability score in Bound Brook is 82/100 and the city is ranked in the 97th percentile of all cities across America. Pack your bags! This is a very high score in comparison to other US cities. Living in Bound Brook could be a great choice! Another exciting tidbit, is that Bound Brook ranks better than 90% of all US cities! There are nine total categories that generate the livability score. Bound Brook ranks well for amenities (A), crime (A+), employment (A+) and housing (B) On a more negative note, Bound Brook does not have favorable grades for the following: cost of living (F). If we take a look at the data, we can find out why.

Bound Brook has many conveniently situated amenities and captivating attractions that adds to the continuous enjoyment of your everyday life. Having the assurance of abundant conveniences and a wide array of activities ensures your easy access to nearby grocery stores, restaurants, bars, fitness facilities, coffee shops and exciting entertainment options. This not only simplifies daily routines but also fosters a vibrant and dynamic lifestyle within the community. With a wealth of resources at your fingertips, you can savor the convenience and variety that Bound Brook has to offer, making it a desirable destination for those seeking both accessibility and enjoyment in their daily lives.

Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Bound Brook has a violent crime rate of 109 crimes per 100,000 residents which is far lower than the national average.

The unemployment rate in Bound Brook has consistently declined over the years and currently stands well below the national average at 2.27%. 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 Bound Brook 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.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Bound Brook is actually affordable. Median real estate prices in Bound Brook come in at $273,000, which is 13.7% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Bound Brook, the home price to income ratio is 3.9, which is 9.3% lower than the New Jersey average.

Best Places to Live in and Around Bound Brook

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Compare Bound Brook, NJ Livability

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      Bound Brook transportation information

      Statistic Bound Brook New Jersey National
      Average one way commute23min31min26min
      Workers who drive to work67.4%71.7%76.4%
      Workers who carpool12.5%8.1%9.3%
      Workers who take public transit5.2%11.2%5.1%
      Workers who bicycle1.5%0.3%0.6%
      Workers who walk4.0%3.0%2.8%
      Working from home6.0%4.1%4.6%
      Source: The Bound Brook, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).