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65% Rent
vs
35% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Hoboken, NJ is 65% renters and 35% owners. The monthly average cost of rent in Hoboken is $2,479 per month and the yearly average income is $206,004 per year. This compares to an average rent of $1,451 in NJ and $1,003 in the US. This data was last updated in October 2023
Commuting to Work
Last Updated October 2023
Residents of Hoboken, NJ spend an average of 38.2 minutes commuting to work. 15% have short commutes under 20 minutes, 70% travel between 20 and 60 minutes, and 15% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Hoboken, NJ, 46% of residents rely on public transportation, 9% commute on foot, 1% use bicycles, and 45% opt for other modes such as cars and ride-sharing.
What is the average rating of a community in Hoboken?
The average rating is 2/5 stars.
What is the average price for a 2 Bedrooms + 2 Bathrooms in Hoboken?
The average price is $4,708.65.
What is the average price for a 1 Bedroom + 1 Bathroom in Hoboken?
The average price is $3,706.77.
What is the average price for a Studio + 1 Bathroom in Hoboken?
The average price is $3,291.10.
What is the average monthly rent for Hoboken?
Based on 2023 city data, the average monthly rent is $2,479.00.
What is the average commute time?
Based on 2017 city data, the average commute is 38.2 mins.