Hoboken is a larger medium-sized city located in the state of New Jersey. With a population of 59,149 people and 16 associated neighborhoods, Hoboken is the 21st largest community in New Jersey. Much of the housing stock in Hoboken was built relatively recently. The construction of new real estate can often be taken as an indication that the local Hoboken economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Hoboken, where the median household income is $180,579.00.

Hoboken home prices are not only among the most expensive in New Jersey, but Hoboken real estate also consistently ranks among the most expensive in America.

Also of interest is that Hoboken has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Hoboken is also a city of artists. Hoboken has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Hoboken’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 36.67% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One thing that you will notice about Hoboken is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Hoboken a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.

One downside of living in Hoboken is that it can take a long time to commute to work. In Hoboken, the average commute to work is 38.23 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly city. Many of Hoboken’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.

Like elsewhere in America, most people in Hoboken use a private automobile to get to work. But notably, a substantial number of Hoboken‘s citizens do make use of public transit in their daily commute, primarily riding the subway. This helps more people get to work with less air pollution, and require fewer highways to get them there.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Hoboken. 82.62% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Hoboken in 2022 was $109,360, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $437,440 for a family of four.

Hoboken is an extremely ethnically-diverse city. The people who call Hoboken home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Hoboken residents report their race to be White, followed by Asian. Hoboken also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.44% of the city’s residents. Important ancestries of people in Hoboken include Italian, Irish, German, English, and Polish.

Hoboken also has a high percentage of its population that was born in another country: 17.72%.

The most common language spoken in Hoboken is English. Other important languages spoken here include Spanish and Chinese.