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Hoboken, NJ Overview

Modern Hoboken preserves a colorful composite of cultures, each with its own festivals, language, music, businesses, and clubs. Hoboken is also home to a large and growing population who are not defined by their background but by their career, family, and lifestyle choices. Caring and concerned residents have enriched the community through involvement and volunteerism, and many young professionals have been attracted to this area for its unique appeal. A thriving commercial-industrial sector is evident, actively encouraged by local planners to ensure a strong economy. Nightlife is lively and dining is at its finest on the streets of Hoboken. Numerous recreational facilities have been developed, from sports fields to city parks. Housing includes condominiums and apartments as well as one and two-family homes along quiet streets. Commuters enjoy major thoroughfares and a New Jersey Turnpike extension as well as bus or train service to New York City.

Summary

Population Growth (since 2000)	41%
Population Density (ppl / mile)	42,872.00
Household Size (ppl)	1.93
Households w/ Children	17%

Housing Stability

Annual Residential Turnover	0%
5+ Years in Residency	15%
Median Year in Residency	1.93

Housing Inventory

Market Overview

248 listings with an estimated median price of $1,012,500

Price	Count
$0 - 100K	4
$100K - 200K	2
$200K - 300K	1
$300K - 400K	4
$400K - 500K	14
$500K - 600K	22
$600K - 700K	22
$700K - 800K	29
$800K - 900K	17
$900K - 1M	9
$1M - Max	124

Property Type	Count
Single Family	16
Condo	197
Commercial	15
Rental	180
CoOp	1
Multi Family	19

(Data as of 4/28/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 54,658

Households:27,512

Median Age: 36.26

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Highest Education Level Attained

Employment and Finance

Workforce

Income by dollar range (Median Income: $124,040)

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio: $1,151
One Bedroom: $1,278
Two Bedroom: $1,519
Three Bedroom: $1,946
Four Bedroom: $2,094

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces: Yes
Restaurants: Yes
Bars: Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.