Jersey City vs Preakness

Which is the better fit for you?

Jersey City, NJ
63
Area Score
Top 37% nationally
Preakness, NJ
61
Area Score
Top 44% nationally

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Jersey City receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.

If you are moving

What the difference in prices, rent, homes and weather comes to, using the published figures for the two places. Add your income to see what it would take to keep pace.

Moving from Jersey City to Preakness

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Everyday prices
About the same
Regional price level 112.6 against 112.6 (US = 100). Both places sit in the same price region, so the index cannot tell them apart.
Income to keep the same purchasing power
Enter your household income to see it.
A new two-bedroom lease
−$291 a month
HUD benchmarks it at $2,660 in Preakness against $2,951 in Jersey City.
The median home
9% more
$617,700 in Preakness against $566,900 in Jersey City.
The weather you would swap
Winters 3°F colder
Normal January lows are 23°F in Preakness against 26°F in Jersey City; July highs are 85°F against 87°F (summers 2°F cooler).

These are differences between published figures, not a forecast of your budget. Income and sales taxes, commuting, schools, insurance and the job you would actually get are not in them, and a price index describes a metropolitan area, so two places in one metro read the same. HUD’s rent is a benchmark for a new lease, not a listing.

Signals

Jersey City
Preakness
Opportunity: Jersey City is the more favorable of the two.
Opportunity
77 · Top 12%
vs
68 · Top 28%
Growth: Jersey City is the more favorable of the two.
Growth
76 · Top 7%
vs
41 · Bottom 30%
Climate: Jersey City is the more favorable of the two.
Climate
71 · Top 48%
vs
65 · Bottom 35%
Physical resilience: Preakness is the more favorable of the two.
Physical resilience
29 · Bottom 23%
vs
36 · Bottom 28%
Housing affordability: Jersey City is the more favorable of the two.
Housing affordability
67 · Top 50%
vs
63 · Bottom 41%
Schools: Preakness is the more favorable of the two.
Schools
45 · Bottom 44%
vs
74 · Top 19%
Access: Jersey City is the more favorable of the two.
Access
99 · Top 16%
vs
94 · Top 46%
Economic stability: Preakness is the more favorable of the two.
Economic stability
52 · Bottom 39%
vs
82 · Top 2%

Measured values

MetricJersey CityPreaknessSource period
Population294,07818,5202024 ACS 5-Year
Median household income$97,710$133,205 — more favorable2024 ACS 5-Year
Per capita income — the two are too close to separate$60,429 ±$1,642$57,082 ±$5,2432024 ACS 5-Year
Population density19,940/sq mi3,264/sq mi2024 ACS 5-Year
Median home value$566,900$617,7002024 ACS 5-Year
Median gross rent — the two are too close to separate$2,007 ±$39$1,918 ±$1872024 ACS 5-Year
Market rent, two bedroom$2,951$2,660 — more favorableFY2026
Cost of living index112.6112.62023
Homeownership rate27.9%70.6%2024 ACS 5-Year
Unemployment rate4.2% — more favorable5.3%July 2026
Employment change (year over year)+2.5%+2.5%July 2026
Bachelor's degree or higher — the two are too close to separate54.8% ±1%57.1% ±5%2024 ACS 5-Year
Poverty rate14.5%3.7% — more favorable2024 ACS 5-Year
Housing units permitted (12 months)2,65764112 months ending July 2026
Permits per 1,000 residents9.0 — more favorable1.212 months ending July 2026
Permit change (year over year)+39.1% — more favorable−4.0%12 months ending July 2026
Average July high87°F85°F1991-2020 Normals
Average January low26°F23°F1991-2020 Normals
Annual precipitation46.6"44.9"1991-2020 Normals
Distance to major airport6 mi — more favorable17 miNASR current cycle
Average commute40.2 min32.4 min — more favorable2024 ACS 5-Year
Median age34.741.02024 ACS 5-Year
Public schools53172024-25 school year
Students per teacher12.210.9 — more favorable2024-25 school year
Math proficiency36.6%55.3% — more favorable2018-19 school year
Reading proficiency53.7%68.5% — more favorable2018-19 school year
Free or reduced-price lunch eligibility65.7%28.6%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.

3 rows above show both figures with a ± margin and neither in bold. Those come from the American Community Survey, which samples rather than counts, and the gap between the two is smaller than the uncertainty on the figures themselves — so the survey did not find a difference to report, and calling either one the winner would be reading a result out of noise.

The number of units permitted is not marked because the larger place always permits more; the per-resident rate is the fair comparison.

Physical risk tradeoff

Jersey City

Elevated or high exposure: inland flooding, coastal flooding.

Preakness

Elevated or high exposure: inland flooding, earthquake.

Your best match

Weight what matters to you. Your preferences stay in this browser and never change either Area Score.

Jersey City
—
Jersey City: Your Score
63
Area Score
Preakness
—
Preakness: Your Score
61
Area Score

Select your priorities to see which of the two fits them better.

Full profiles: Jersey City, NJ · Preakness, NJ · How this is calculated: methodology