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Apartments For Rent in Jersey City, NJ

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Apartments for Rent in Jersey City, NJ

The mid-size city of Jersey City, New Jersey is home to slightly less than 266,000 people. Families with young children can expect to fit right in, as kids under 5 make up an above-average percentage of the population, though young professionals also exist in large numbers. Overall, the city's population, at an average age of just under 36, is decidedly younger than most cities in New Jersey. Just 29% of residents are homeowners in Jersey City, as the majority rent. The average rent is just above the state average of $1,272/month.

Jersey City has an average commute time of about 41 minutes, slower than the New Jersey average of about 34 minutes. Public transportation is the most common way to get to work, used by 24% of workers, who take advantage of the local transit opportunities. Driving is the second-most common method of commuting to work, chosen by 19% of workers. A small percentage of residents (4%) walk to work, though the number exceeds the national average.

If you're looking for a number of career options, Jersey City has them in spades. The four most common industries are retail, healthcare, scientific, and finance. Combined, these industries account for 25% of the workforce in the city. Meanwhile, looking at job function, many workers in these industries are in management, as 8% of the city's population reports this as their field of work, the highest number of any career path. Jersey City workers bring in an average annual income of around $83,000, roughly the same as the state average. However, Jersey City compares more favorably to the national average of $73,345. Jersey City has a large concentration of residents over the age of 25 with advanced degrees compared to the national average (7%), as 11% possess a Master's degree or a Doctoral degree. Further, 19% possess a Bachelor's degree, which also outpaces the national average.