New Jersey is a great state to live in if you’re looking for white-picket-fence-living that’s still accessible to major cities, a comparatively lower cost of living, and an overall more family-friendly quality of life. Another advantage to living in the Garden State is the tax benefits, including no tax on clothing.
What are the negatives of living in New Jersey?
Cons of Living in New Jersey
- High tax burden. Sadly, the state is known for imposing high tax rates on its residents.
- High property taxes.
- High cost of living.
- Congested traffic.
- High density of residents.
What are the benefits of moving to New Jersey?
Top 8 Reasons to Live in New Jersey
- Leading Education System. New Jersey reigns supreme when it comes to education.
- Superior Health Care.
- World-Class Entertainment.
- Recreational Opportunities.
- Family-Friendly Towns.
- Quality Dining and Retail.
- Small Town Living, Big City Access.
- Diversity.
What are the pros and cons of moving to New Jersey?
Pros And Cons Of Living In New Jersey
- Multiple lifestyle options.
- Close to everything.
- Lots of fun things to do.
- A good public school system.
- High marks for health and safety.
- Expensive cost of living.
- A heavy income tax burden.
- High property taxes.
What should I know before moving to New Jersey?
10 Things to Know Before Moving to New Jersey
- New Jersey may be small, but its population isn’t.
- You aren’t allowed to pump your own gas.
- Speaking of gas stations, ever heard of Wawa?
- The state is divided, but no one can agree on how.
- New Jersey Pizza > New York Pizza.
- The Jersey Shore is nothing how it’s portrayed on TV.
Are people leaving NJ?
NJ towns with the most residents fleeing. TRENTON – North Jersey locales close to New York dominate the list of New Jersey municipalities that saw their populations decline most between the 2020 Census and mid-2021. All of the top 20 are in four counties – including seven in Hudson County.
What are the main issues in New Jersey?
Taxes, fees, tolls
The combination of an increase in living, commuting, and doing business is hurting average people. Many NJ residents are still struggling to keep their job and/or the doors open on their business — it is one of the reasons we’re still seeing a major exodus from the Garden State.
What is a decent salary in NJ?
$43,291 is the 25th percentile. Salaries below this are outliers. $77,252 is the 75th percentile.
What salary do you need to live in New Jersey?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 0 Children | |
| Other | $5,275 | $7,867 |
| Required annual income after taxes | $34,445 | $51,443 |
| Annual taxes | $8,330 | $12,442 |
What is the best place to live in New Jersey?
15 Best Places to Live in New Jersey (By a Local)
- Jersey City.
- Hoboken.
- Upper Montclair.
- Livingston.
- Madison.
- Paramus.
- Summit.
- Cranford.
Which city is safest in New Jersey?
Safest Cities in New Jersey, 2019
| Rank | City | Safety Index |
|---|---|---|
| 1 | Ocean City | 1.35 |
| 2 | Weehawken Township | 1.09 |
| 3 | Ventnor City | 1.07 |
| 4 | Wall Township | 0.94 |
Are New Jersey taxes high?
New Jersey has a 6.625 percent state sales tax rate, a max local sales tax rate of 3.313 percent, and an average combined state and local sales tax rate of 6.60 percent. New Jersey’s tax system ranks 50th overall on our 2022 State Business Tax Climate Index.
Is it better to live in Florida or New Jersey?
Compared to New Jersey, Florida is far more economical when it comes to living expenses. With cheaper housing, groceries, utilities, and transportation, and no state income taxes, the cost to live here is quite reasonable. In New Jersey, it’s the opposite and, in many areas, entirely unreasonable.
What is the quality of life in New Jersey?
Last UpdatedAugust 15, 2022 at 6:09 PM
While New Jersey did rank below average in affordability and economy, the state ranked in the top ten for education and health, quality of life, and safety.
New Jersey Ranked 2nd Best State to Live in 2022: Study.
| State | New Jersey |
|---|---|
| Economy | 39 |
| Education & Health | 5 |
| Quality of Life | 7 |
| Safety | 1 |
What is the cheapest city to live in New Jersey?
Gloucester City is the cheapest place to live in NJ, with a median home value of just over $125,000 in 2022. This city is located in Camden County, New Jersey, and is home to around 11,500 people. The town offers a convenient location directly across the Delaware River from Philadelphia.
Why living in NJ is better than NYC?
New Jersey offers beautiful scenery, a lower cost of living, great schools, and excellent transportation. Furthermore, its close proximity to NYC allows many people to work in the city while enjoying a more affordable home in New Jersey. Here we will take a closer look why living in the Garden State is so appealing.
What state are most people leaving?
1. New Jersey. New Jersey tops the list of states with the most outbound migration. Out of all moves the state experienced, 71 percent were leaving.
Why do people want to leave NJ?
Work Opportunities. According to data, the main reason why people left New Jersey in 2020 and continued to do so in 2021 is because of better work opportunities. Research estimates that out of all residents who left the state, 46 percent cited “job” as their reason for going.
Are people happy living in New Jersey?
In fact, according to WalletHub, New Jersey came in fifth of the 2022 most happiest states to live in. We were behind Hawaii, Maryland, Minnesota, and Utah. According to WalletHub, we have the lowest suicide rate in the nation, we also ranked second in the work environment category.
Is New Jersey a poverty state?
In 2021, 10.2 percent of New Jersey’s population lived below the poverty line. This was an increase from the previous year, when 9.7 percent of New Jersey residents lived below the poverty line. The poverty rate of the United States can be accessed here.
Is NJ more Democratic or Republican?
In addition, New Jersey’s House congressional delegation has had a Democratic majority since 1965, except for a period between 1995-1999 and 2013-2017. As of July 1, 2020, there were more registered Democrats than unaffiliated voters for the first time in history, as there are more Democrats than Republicans as well.