Commute
High scores in the commute category could indicate that this area offers short commute times to work and readily available public transportation options.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Cost Of Living
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Madison Park is a small-sized city located in the state of New Jersey. The city has a population of 8,079 residents. With a population density of 4,443 people per square mile, Madison Park is well above the nation's average density level. An important consideration when living in Madison Park is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 32 minutes, far surpassing the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Madison Park, 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. To help you find the best places to live in and around Madison Park, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, health & safety, housing and more.
The livability score in Madison Park is 76 out of 100 and the city is ranked in the 90th percentile of all cities across America. Compared to the United States average, Madison Park ranks among some of the best places to live in the country! Another exciting tidbit, is that Madison Park ranks better than 90% of all US cities! Based on the scores for each individual category, Madison Park has received high marks for crime (A-), employment (A-) and housing (B). Madison Park does not do well for the following: cost of living (F). It might be wise to take a closer look at each category to find out why.
Finding affordable real estate and housing in Madison Park can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Madison Park meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Madison Park. Everything else becomes a lot less important if it turns out that home prices in Madison Park are simply unattainable. The median home price for Madison Park homes is $303,700, which is 4% lower than the New Jersey average. If we take a closer look at the affordability of homes in Madison Park, we’ll see that the home price to income ratio is 4.4, which is 2.3% higher than the New Jersey average.
| Statistic | Madison Park | New Jersey | National |
| Average one way commute | 32min | 31min | 26min |
| Workers who drive to work | 75.3% | 71.7% | 76.4% |
| Workers who carpool | 6.0% | 8.1% | 9.3% |
| Workers who take public transit | 9.5% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.3% | 3.0% | 2.8% |
| Working from home | 6.7% | 4.1% | 4.6% |
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