Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
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.
Schools
High test scores, elevated graduation rates as well as the conveniently located elementary and high schools in this area have all contributed to the high score in the schools category.
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.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
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.
Caldwell is a small city located in the state of New Jersey. The city has a population of 7,970 people. In Caldwell, there are 6,765 people per square mile, which is well above the national population density average. If we take a look at the last Census, the vast majority of the population falls within one racial group (78% White). Given that fact, Caldwell could be considered less diverse than other cities. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Caldwell your home, your one-way commute time will typically last around 28 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Caldwell can be a fulfilling experience for anyone moving to the area. 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. Using the livability score which includes data from categories like cost of living, commute, housing, you can easily compare the best places to live in Caldwell and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Caldwell to New Jersey and the national average.
The livability score in Caldwell is 70/100 and the city is ranked in the 79th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Caldwell has higher than average scores for the following: crime (A+), education (A+) and housing (B+). Caldwell does not rank well for the following: amenities (D-) and cost of living (F). It might be a good idea to take a closer look at each category to find out why.
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Caldwell gets top scores for their low violent crime rates of 46 crimes per 100,000 residents, which are significantly lower than the national average.
When contemplating a move, job prospects often top the list of priorities. In Caldwell, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.74% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
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 Caldwell 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.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Caldwell. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Caldwell are affordable. The median home price for Caldwell homes is $464,300, which is 46.7% higher than the New Jersey average. If we take a closer look at the affordability of homes in Caldwell, we’ll see that the home price to income ratio is 4.4, which is 2.3% higher than the New Jersey average.
| Statistic | Caldwell | New Jersey | National |
| Average one way commute | 28min | 31min | 26min |
| Workers who drive to work | 73.8% | 71.7% | 76.4% |
| Workers who carpool | 5.7% | 8.1% | 9.3% |
| Workers who take public transit | 5.6% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 5.8% | 3.0% | 2.8% |
| Working from home | 9.0% | 4.1% | 4.6% |
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