Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Cost Of Living
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Avenel, New Jersey is a mid-sized city with a population of 17,175 people. With a population density of 5,048 people per square mile, Avenel is well above the nation's average density level. All the single ladies and all the single fellas might want to take notice as only 48% of the Avenel population is married. Something to be aware of when living in Avenel are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 36 minutes, this comes in much higher than the national average of 26 minutes.
Living in Avenel can be a good experience for anyone relocating to the city. Having said that, in the state of New Jersey, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Avenel and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, education, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.
Using data and statistics Avenel has received a livability score of 70/100. This score is ranked in the 78th percentile when compared to all other cities. Based on the rankings for each individual category, Avenel has received high marks for crime (B), employment (A+) and housing (B+). There are some categories that Avenel does not rank well for, including: amenities (F), cost of living (F) and education (D). It might be worth taking a closer look to determine why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Avenel, the unemployment rate stands at 2.41%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Avenel apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Avenel real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Avenel. Median real estate prices in Avenel come in at $277,100, which is 12.4% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Avenel, the home price to income ratio is 3.9, which is 9.3% lower than the New Jersey average.
| Statistic | Avenel | New Jersey | National |
| Average one way commute | 36min | 31min | 26min |
| Workers who drive to work | 73.7% | 71.7% | 76.4% |
| Workers who carpool | 7.2% | 8.1% | 9.3% |
| Workers who take public transit | 11.4% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 3.0% | 2.8% |
| Working from home | 6.1% | 4.1% | 4.6% |
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