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.
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.
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
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.
Marlton, New Jersey is a moderately-sized city with a population of 10,171 inhabitants. With a population density of 3,082 people per square mile, Marlton is well above the nation's average density level. The majority of Marlton residents report their race to be White; this is followed by Asian and Black. 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 Marlton your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Marlton, New Jersey could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Marlton, AreaVibes has created a livability score using key metrics like cost of living, commute, health & safety and more.
Marlton has a livability score of 73 out of 100 and is ranked #166 in New Jersey and #4,296 in the USA. If we consider each of the categories on their own, we see that Marlton ranks well for crime (A-), education (B-), employment (A+) and housing (A-). There are some categories that Marlton scores poorly for, including: cost of living (F). It might be worth taking a closer look to determine why.
When contemplating a move, job prospects often top the list of priorities. In Marlton, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.05% 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.
Finding affordable real estate and housing in Marlton 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 Marlton 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 Marlton. Everything else becomes a lot less important if it turns out that home prices in Marlton are simply unattainable. Median real estate prices in Marlton come in at $249,400, which is 21.2% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Marlton, the home price to income ratio is 3.2, which is 25.6% lower than the New Jersey average.
Statistic | Marlton | New Jersey | National |
Average one way commute | 25min | 31min | 26min |
Workers who drive to work | 82.6% | 71.7% | 76.4% |
Workers who carpool | 4.1% | 8.1% | 9.3% |
Workers who take public transit | 3.5% | 11.2% | 5.1% |
Workers who bicycle | 0.6% | 0.3% | 0.6% |
Workers who walk | 1.0% | 3.0% | 2.8% |
Working from home | 7.4% | 4.1% | 4.6% |