The study was conducted to complement the state’s Jobs4Jersey initiative, meant to assist the unemployed in their job hunt, in an effort to help residents determine what parts of the state offer the most opportunities. Hoboken placed first based on job growth, median income and having a low unemployment rate (4.4 percent), beating out Lakewood and Paramus for the top spot.
Between 2009 and 2011, Hoboken’s working-age population grew by 15.7 percent, its median income is $104,789 (with monthly homeowner costs of about $3,200) and an unemployment rate of 4.4 percent, one of the lowest in the state. Of course, proximity to the jobs in New York City doesn't hurt.
“Residents have easy access to a vibrant main street, family-friendly parks and plenty of dining and shopping options,” the study said. “Additionally, Walk Score named Hoboken a walker’s paradise.” – Dean DeChiaro