The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
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.
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.
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
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.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Crestwood Village, New Jersey is a small city with a population of 8,063 people. If we look at the most recent Census, Crestwood Village is known to have a predominantly White population. The next two most common races are Black and Asian. Crestwood Village is considered to be a city with an aging population. The average age of all residents is 74, which is well beyond the United States median age average. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Crestwood Village your home, your one-way commute time will typically last around 26 minutes, a duration that aligns with the national average commute time of 26 minutes.
Are you trying to figure out if living in Crestwood Village is the right fit for your lifestyle? To ensure a good experience before moving 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. With useful information like crime, cost of living, commute and other key data points, finding the best places to live in Crestwood Village and in the areas around Crestwood Village is a much easier task.
Crestwood Village has a livability score of 62/100 and is ranked #430 in New Jersey and #14,894 in the USA. Based on the scores for each individual category, Crestwood Village has been rewarded with high marks for crime (B), cost of living (B+) and housing (B-). There is at least one category that does not have great scores in Crestwood Village. The following was graded with a less than perfect score: amenities (F), education (F) and employment (F).
When contemplating a move, job prospects often top the list of priorities. In Crestwood Village, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.33% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Crestwood Village excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Crestwood Village meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Crestwood Village. Everything else becomes a lot less important if it turns out that home prices in Crestwood Village are simply unattainable. Median real estate prices in Crestwood Village come in at $71,900, which is 77.3% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Crestwood Village, the home price to income ratio is 2.5, which is 41.9% lower than the New Jersey average.
Statistic | Crestwood Village | New Jersey | National |
Average one way commute | 26min | 31min | 26min |
Workers who drive to work | 84.4% | 71.7% | 76.4% |
Workers who carpool | 5.6% | 8.1% | 9.3% |
Workers who take public transit | 1.0% | 11.2% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 1.2% | 3.0% | 2.8% |
Working from home | 7.8% | 4.1% | 4.6% |