Monmouth Junction 68 Good
Monmouth Junction Livability #294 ranked city in New Jersey#8,339 ranked city in the USARanks better than 71% of areas

Pros and Cons of Living in Monmouth Junction

PROS
  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Schools

    A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

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What's it like Living in Monmouth Junction?

Monmouth Junction is a small-sized city located in the state of New Jersey. The city has a population of 8,911 people. Individuals of White (30%) and Asian (52%) backgrounds make up a significant portion of the population of Monmouth Junction. Monmouth Junction is known to be family friendly as more than 70% of the population has already tied the knot. It might also be worth noting that 54% of residents also have children under the age of 18. An important consideration when living in Monmouth Junction is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 40 minutes, far surpassing the national average of 26 minutes.

Living in Monmouth Junction can be a fulfilling experience for anyone relocating to the city. Having said that, in the state of New Jersey, there are many incredible 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. To help you find the best places to live in and around Monmouth Junction, AreaVibes has created a livability score using key metrics like crime, cost of living, health & safety, housing and more.

Monmouth Junction, NJ receives 69/100 for its livability score; this results in a ranking of #268 in New Jersey and #7,453 in the USA. If we consider each of the categories individually, we see that Monmouth Junction ranks well for crime (A+), education (A+) and housing (A+). Monmouth Junction does not do well for the following: amenities (F) and cost of living (F). It might be a good idea to take a closer look at each category to find out why.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Monmouth Junction has an unemployment rate of 1.49% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Test scores can be a good way to measure a school's academic performance and the proficiency of its students. They can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Monmouth Junction have an average test score of 74%, which is well above the US average.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Monmouth Junction has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

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 Monmouth Junction is real estate affordability. The median home price for Monmouth Junction homes is $442,200, which is 39.8% higher than the New Jersey average. If we take a closer look at the affordability of homes in Monmouth Junction, we’ll see that the home price to income ratio is 3.7, which is 14% lower than the New Jersey average.

Best Places to Live in and Around Monmouth Junction

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Compare Monmouth Junction, NJ Livability

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      Monmouth Junction transportation information

      Statistic Monmouth Junction New Jersey National
      Average one way commute40min31min26min
      Workers who drive to work70.4%71.7%76.4%
      Workers who carpool6.1%8.1%9.3%
      Workers who take public transit6.8%11.2%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk1.4%3.0%2.8%
      Working from home14.1%4.1%4.6%
      Source: The Monmouth Junction, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).