Forked River 63 Average
Forked River Livability #422 ranked city in New Jersey#14,374 ranked city in the USARanks better than 50% of areas

Pros and Cons of Living in Forked River

PROS
  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Ratings

    Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.

CONS
  • Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

  • Commute

    Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.

  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

  • Health & Safety

    A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.

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What's it like Living in Forked River?

Forked River is a smaller city located in the state of New Jersey. The city has a population of 5,066 residents. At 89%, the majority of the Forked River population is White; this is followed by 1% Asian and 0% Black. Something to be aware of when living in Forked River 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 35 minutes, this comes in much higher than the national average of 26 minutes.

If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the area before actually living in Forked River, New Jersey. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like cost of living, commute, health & safety, education, housing, you can easily compare the best places to live in Forked River and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Forked River to New Jersey and the national average.

Forked River, NJ receives 62/100 for its livability score; this results in a ranking of #420 in New Jersey and #14,296 in the USA. If we explore each of the categories on their own, we see that Forked River ranks well for crime (A+), employment (B+) and housing (A-). There is at least one category that you should be aware of in Forked River. The following was graded with a concerning score: amenities (F) and cost of living (F).

When contemplating a move, job prospects often top the list of priorities. In Forked River, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.44% 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.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Forked River market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Forked River 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 Forked River. Median real estate prices in Forked River come in at $318,200, which is 0.6% higher than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Forked River, the home price to income ratio is 4.5, which is 4.7% higher than the New Jersey average.

Best Places to Live in and Around Forked River

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How Do You Rate The Livability In Forked River?

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Compare Forked River, NJ Livability

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      Forked River transportation information

      Statistic Forked River New Jersey National
      Average one way commute35min31min26min
      Workers who drive to work83.8%71.7%76.4%
      Workers who carpool6.8%8.1%9.3%
      Workers who take public transit0.7%11.2%5.1%
      Workers who bicycle0.8%0.3%0.6%
      Workers who walk1.6%3.0%2.8%
      Working from home5.6%4.1%4.6%
      Source: The Forked River, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).