Median Income
$168,137
household / year
Median Home Value
$859,300
owner-occupied
Median Rent
$2,648
gross / month
Cost of Living
112
national avg = 100

Is Hoboken, NJ a Good Place to Live?

Hoboken is a mid-sized city of 58,754 in New Jersey, with a median household income of $168,137 and a 3.5% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Hoboken stands out for lower-than-average crime, solid school ratings (A), a well-educated population.

Trade-offs: Potential downsides include an above-average cost of living, high home prices, longer commutes. Whether Hoboken is right for you depends on your priorities — the full breakdown is below.

All Hoboken city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 112.5

Hoboken's overall cost of living index is 112.5, where 100 represents the US national average. Living in Hoboken costs roughly 12% more than the average American city.

Metric Hoboken, NJ National Avg
Median Home Value $859,300 $244,900
Median Monthly Rent $2,648 $1,163
Homeownership Rate 34.4% 65.9%
Median Household Income $168,137 $74,755

Crime & Safety

Safer than Average

Hoboken's violent crime rate is 188.5 per 100,000 residents — 50% lower than the national average of ~380 per 100,000.

Violent Crime
188.5 /100k
Property Crime
1783.8 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Hoboken is served primarily by Hoboken Public School District. The student-to-teacher ratio is 15.1:1 (better than the national average of ~16:1).

Metric Hoboken, NJ National Avg
School District Hoboken Public School District
Elementary Schools 3
Middle Schools 1
High Schools 1
Student/Teacher Ratio 15.1:1 16:1
Bachelor's Degree or Higher 81.0% 35.4%
High School Diploma or Higher 95.9% 91.1%

Weather & Climate

Hoboken sees average highs of 39.5°F in January and 84.9°F in July, with 49.5 inches of annual precipitation and 29.8 inches of snow per year.

MetricHoboken, NJ
Average High — January39.5°F
Average High — July84.9°F
Annual Precipitation49.5"
Annual Snowfall29.8"

Demographics

MetricHoboken, NJNational Avg
Population58,754
Median Age32.038.9
Unemployment Rate3.5%3.7%
Avg Commute Time37.4 min26 min
White (non-Hispanic)69.7%59.3%
Black or African American4.5%13.6%
Hispanic or Latino9.7%18.9%
Asian12.6%6.3%
Under 1814.7%22.2%
65 and over6.6%16.8%

Nearby Cities

ZIP Codes in Hoboken

Hoboken, NJ is covered by 2 ZIP codes:

Hoboken vs Other Cities

Frequently Asked Questions

Hoboken's cost of living index is 112, where 100 is the national average. That puts Hoboken roughly 12% above the national average in cost. The median home price is $859,300 and median rent is $2,648/month.
Hoboken's violent crime rate is 188.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1783.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Hoboken are operated by Hoboken Public School District. The district has 3 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 15.1:1. 81.0% of adults 25+ hold a bachelor's degree or higher.
Hoboken, NJ has a population of 58,754, a median household income of $168,137, and an unemployment rate of 3.5%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Hoboken averages 39.5°F in January and 84.9°F in July. Annual rainfall is 49.5 inches with about 29.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Hoboken, NJ is covered by 2 ZIP codes: 07030, 07086.
The population of Hoboken, New Jersey is 58,754 with a median age of 32.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Hoboken: cost of living index 112 (100 = US average), median home $859,300, median household income $168,137, crime index 64 (100 = US average, lower is safer), schools rated A. Whether these are benefits or drawbacks depends on where you're coming from — compare Hoboken side by side with your current city to see the trade-offs.