Oaklyn 71 Excellent
Oaklyn Livability #233 ranked city in New Jersey#6,339 ranked city in the USARanks better than 78% of areas

Pros and Cons of Living in Oaklyn

PROS
  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Health & Safety

    Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.

  • Schools

    The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

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What's it like Living in Oaklyn?

Oaklyn, New Jersey is a smaller city with a population of 3,961 residents. With a population density of 6,315 people per square mile, Oaklyn is well above the nation's average density level. If we look at the most recent Census, Oaklyn is known to have a predominantly White population. The next two most common races are Black and Asian. Single men and women might be happy to hear that in Oaklyn, only 47% of the population is married. An important consideration when living in Oaklyn 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 31 minutes, far surpassing the national average of 26 minutes.

Living in Oaklyn can be a fulfilling 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. With useful information like amenities, cost of living, commute, housing and other key data points, finding the best places to live in Oaklyn and in the areas around Oaklyn is a much easier task.

The livability score in Oaklyn is 72/100 and the city is ranked in the 83rd percentile of all cities across America. For each of the livability categories, we know that Oaklyn ranks very well for crime (B+), education (A), employment (A-) and housing (B+). There is at least one category that did not score well in Oaklyn. The following was graded with a concerning score: amenities (F) and cost of living (D-).

Finding affordable real estate and housing in Oaklyn 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.

Oaklyn 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 Oaklyn. Median real estate prices in Oaklyn come in at $188,100, which is 40.5% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Oaklyn, the home price to income ratio is 2.7, which is 37.2% lower than the New Jersey average.

Best Places to Live in and Around Oaklyn

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Compare Oaklyn, NJ Livability

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      Oaklyn transportation information

      Statistic Oaklyn New Jersey National
      Average one way commute31min31min26min
      Workers who drive to work77.4%71.7%76.4%
      Workers who carpool6.8%8.1%9.3%
      Workers who take public transit4.3%11.2%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk1.5%3.0%2.8%
      Working from home9.8%4.1%4.6%
      Source: The Oaklyn, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).