Hoboken receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.
Signals
Hoboken
Newark
Opportunity
93 · Top 1%
vs41 · Bottom 20%
Growth
46 · Bottom 43%
vs68 · Top 20%
Climate
72 · Top 39%
vs71 · Top 48%
Physical resilience
29 · Bottom 23%
vs50 · Bottom 43%
Housing affordability
74 · Bottom 40%
vs34 · Bottom 2%
Schools
78 · Top 16%
vs21 · Bottom 12%
Access
99 · Top 14%
vs99 · Top 14%
Economic stability
74 · Top 18%
vs43 · Bottom 22%
Measured values
| Metric | Hoboken | Newark | Source period |
|---|---|---|---|
| Population | 58,668 | 310,178 | 2024 ACS 5-Year |
| Median household income | $180,579 | $52,060 | 2024 ACS 5-Year |
| Per capita income | $109,360 | $27,193 | 2024 ACS 5-Year |
| Population density | 46,934/sq mi | 12,847/sq mi | 2024 ACS 5-Year |
| Median home value | $895,100 | $373,700 | 2024 ACS 5-Year |
| Median gross rent | $2,938 | $1,392 | 2024 ACS 5-Year |
| Homeownership rate | 33.8% | 24.4% | 2024 ACS 5-Year |
| Unemployment rate | 2.6% | 6.6% | June 2026 |
| Employment change (year over year) | 1.6% | 0.9% | June 2026 |
| Bachelor's degree or higher | 82.6% | 19.7% | 2024 ACS 5-Year |
| Poverty rate | 7.8% | 23.4% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 69 | 2,472 | 12 months ending July 2026 |
| Permits per 1,000 residents | 1.2 | 8.0 | 12 months ending July 2026 |
| Permit change (year over year) | 16.9% | -4.7% | 12 months ending July 2026 |
| Average July high | 85°F | 87°F | 1991-2020 Normals |
| Average January low | 28°F | 26°F | 1991-2020 Normals |
| Annual precipitation | 49.5" | 46.6" | 1991-2020 Normals |
| Distance to major airport | 8 mi | 2 mi | NASR current cycle |
| Average commute | 40.9 min | 35.3 min | 2024 ACS 5-Year |
| Median age | 31.9 | 34.7 | 2024 ACS 5-Year |
| Public schools | 11 | 83 | 2024-25 school year |
| Students per teacher | 11.65 | 16.78 | 2024-25 school year |
| Math proficiency | 39.5% | 9.5% | 2019-20 school year |
| Reading proficiency | 54.5% | 29.3% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 34.5% | 81.7% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
Hoboken
Elevated or high exposure: inland flooding, coastal flooding.
Newark
Elevated or high exposure: earthquake.
Full profiles: Hoboken, NJ · Newark, NJ · How this is calculated: methodology