Based on violent and property crime rates. Princeton is in Mercer County and is one of the best places to live in New Jersey. The Crime Statistics and Safety Ratings of a town are a significant factor which influences the decisions of homeowners when it comes to moving. Pros & Cons Pros and Cons of living in Princeton,New Jerseyaccording to Data Pros Cons Fast internet (fixed lines) Fast internet (mobile) Age diversity Race diversity Religion diversity More people with STEM degrees Higher educated people Low tornado risk Low hurricane risk Low earthquake risk Low wildfire risk Low substance abuse rate Affordability. For young families there are plenty of options for childcare in Princeton, NJ, including Stonebridge at Montgomery, Kiddie Academy Of Princeton, KinderCare Learning Center, and The Learning Experience - Basking Ridge. The state runs a progressive income tax system. To get the best deal on a loan. Since perspective can make a difference, independent bodies like Niche assign ratings to schools and are commonly used by parents to make a decision. Bringing the forests to life. Business Outlook. Decide on exactly what you are looking for out of life. Many people are unfriendly when you speak English. Next, the state is small. Bringing us to another one of the pros and cons of living in New Jersey. I see no reason why would anyone choose Vienna to Budapest or Prague as their base. Affordable living. Quality of life is subjective and can depend on a variety of things. Moving to NJ Relocation can become complicated and stressful. Partly because much of New Jersey is rural. It is also an essential factor for the amenities and facilities available in the state. So, here is one of the best things about New Jersey. Shortly after the towns establishment, it became home to the College of New Jersey presently known as, Thanks to its location between New York City and Philadelphia, Princeton became the overnight stagecoach stop until the mid-19. Have you been thinking about the pros and cons of living in New Jersey? Monthly rent costs: $2,586 per month. Furthermore, Jersey towns are packed together. Instead, Im a 50-something-year-old, early retired CPA, finance professional, and business school teacher with 40+ years of DIY dividend investing experience. Speaking of which, there are many options for public transportation, including buses, trains, or the ferry. Princeton performs remarkably in almost every field that decides the living standards of a place, and moving here will make you and your family more likely to have a safe, prosperous and fulfilling life! Here is the last of our reasons not to move to New Jersey. While the area youre looking at right now might have great elementary schools for your young children, its well worth examining the middle and high schools theyll grow up to attend. You can easily catch a Transit from Princeton Junction and head to anywhere along the NE Corridor including Transit hubs such as Trenton, New York Penn or Newark Penn. For Trenton, several attributes make it livable. The New Jersey shore includes historic resort towns like Cape May, Asbury Park. discuss problems of GDP as a measure of welfare and alternative welfare measures calculate HDI and evaluate pros and cons of composite indicators of development discuss the measurement of subjective well-being and its relevance . Leading to a lot of traffic congestion. Love their schools. However, for this article, we will focus on the top five. There is no place in the world that offers this. The typical household in Princetonearns $146127a year, compared to the national median of $67,500. In Princeton there are a lot of restaurants, coffee shops, and parks. Your email address will not be published. While high earners will have to pay up. Good for 2-3 days trip, nothing else. Personal Capital and all of these other apps and tools are free to sign up and use. Other notable sites of the place include the historical Immigration Museum in Ellis Island. No members are here right now. This has resulted in high mortgage delinquency rate in the state to keep pace with the financial trend of the region. Then I will wrap up. Broadband internet connection options in Princeton, NJ include wireline, ADSL, terrestrial fixed wireless, Asymmetrical xDSL, satellite, fiber, and DOCSIS from 21 different providers. Without addressing some reasons not to live in New Jersey in the first place. Pro: It's Cheaper Than Buying a Comparable House. Proximity to urgent care centers such as The Learning Experience - Princeton, Princeton Primary and Urgent Care, and Princeton Surgical Center is also a plus. PRINCETON, NJ There's no better place to live in New Jersey, than Princeton. In many parts of the state, by driving a few miles in any direction. And for trips to the grocery store. Plenty of authentic Thai, Vietnamese and Chinese options for about 50% of what you would pay in a Western city. Cost of living in Princeton is 30% lower than the British Columbia average. Such high rates of tax are one of the major sources of revenue of the state. So if you find one you like don't waste time making a great offer! Princeton also has a large number of public parks that you can run to whenever you want to enjoy a beautiful day under the sun. High Living Cost 3. People are very nice and sociable but forget about making friends. Real Estate in Princeton is booming at present, and we believe it is just the right time for you to make a move! The biggest cons are the traffic, the cost of living (particularly the taxes) and the bad weather (snowstorms, heatwaves, etc). Based on employment rates, job and business growth, and cost of living. Specifically, New York City and Philadelphia. Finally, the population density creates another one of the bad things about New Jersey. Good food. Living in Princeton, youll have plenty of choices when it comes to shopping. Im here only to share my thoughts about essential topics for success. Combine these issues with many cloudy days. Operator: (609 . Witherspoon Middle School is the only middle school (6th 8th) in Princeton, and it feeds to Princeton High School (9th 12th). EMAIL US. listed for sale this month in Princeton, NJ Get breaking news alerts on your phone with our app. New Jersey. The Princeton Regional School System regulates the Public Schools in the Princeton Township and Borough Area. If youre a fan of such stuff, head on over to Palmer Square and youll have a wide range of specialty shops such as Lululemon Athletica, the Papery of Princeton and jaZams. Most often than not, the higher the walk score, the higher the noise. This beautiful little city, with a population of around 30,000, has a beautiful sub-urban charm but is still located in the heart of New Jersey with New York City and Philadelphia just a short train ride away. Most people will never come close to paying that top rate. The poverty rate of Princetonis 7.1%, which is 49%lower than national average. For households with kids, accessibility to nearby parks, playgrounds, daycare centers as well as highly-rated preschools is key. See how the community was graded on different parameters: Niche.com uses up-to-date data from dozens of public sources including the Department of Education, FBI and U.S. Census to compile a comprehensive assessment of the overall livability of an area. With an approximate 130 miles of Atlantic coast, New Jersey is located in the northeastern part of the U.S.A. On the west of New Jersey, there is the Delaware River and Pennsylvania and on the southwest, there is Delaware Bay and the State of Delaware. So, when thinking about New Jersey living. They include. Looks like you're new here. Go for it! Finally, manage your total financial picture for free. Because the weather is so cold, windy and partly rainy that you just don't want to spend time outside. Email sarah.salvadore@patch.com. It's also a little far out from some of the larger cities, so if you need to get to Dallas often it may not be a. If you'd like to filter destinations based on their climate, try Nomad List's Climate Finder. The public schools are outstanding. Crime 2. So, whatever your outdoor passion is. If you choose the southern region of the state. Now. This creates a couple of issues with New Jersey life. Tax Burdens are High New Jersey has one of the highest overall tax burdens in the nation according to the Tax Foundation. 231 Highland Ave, Piscataway, NJ 08854. . And the temperatures turn cool and crisp. There are a few parks and playgrounds in Princeton, NJ, including Princeton Parklet, Nomad Pizza, and CoolVines. With those highlights of this living in New Jersey review taken care of. The average mortgage interest rate for a 30-year fixed plan is 4.05%. Located away from the major metropolitan areas. Taylor ham is especially good on a Jersey breakfast sandwich. In Princeton there are a lot of restaurants, coffee shops, and parks. . IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Or too cold in the winter. However, you are encouraged to verify these ratings through other sources including visiting the campus. Princeton real estate prices are 68% lower than the British Columbia average. 9 Pros of Living in Chicago 1. This has also contributed to the increase in job prospects. It is too well-developed to gain the 2nd position in the country. Summer: Just amazing. There are currently no homes for sale in Princeton. Also, if you have an electric vehicle and are looking for homes near electric-vehicle charging stations, this neighborhood might be a good fit. With plenty of snow. That concludes the many perks of living in New Jersey. Since New Jersey has the highest average property tax rate in the country. The New Jersey Transit operates a commuter train nicknamed the Dinky which provides shuttle service to the Princeton Station all along the Northeast Corridor. At present, there are three bus routes operated by New Jersey Transit that service all the major stops in Princeton, including Nassau Street, 701 Carnegie Centre, and Princeton Station. Trade and Commerce Center 6. This is 36% lower compared to the same time last year, and 12% lower compared to last month. In 2020, Princeton, NJ had a population of 31.2k people with a median age of 31.8 and a median household income of $146,127. If youre planning on living in Princeton, you can be assured that youll almost always have something to do and enjoy in this city. Have a correction or news tip? It just seemed endless, completely unrelated and incredibly fun. Brokered by Berkshire Hathaway Homeservices New Jersey Properties. Ive lived here for two years so I have gotten to know some good places. You have to ask yourself, is it worth coming to Barcelona? CEO Approval. A challenge to find a starter home in Princeton under $600k currently. They offer various attractions and entertainment. But compared to Vancouver in 2009, one big change that totally ruined it for me: Absolute zombie apocalypse of drug addicts and shouting/violent home less people. Explore cost of . Princeton has a neighborly feel with 60% owner-occupied homes and an average household size of 2.6 members. Hunting, fishing, boating, swimming, biking, or something else. And residents of every single town believe theirs to be the best place to live. Just in case you are considering the pros and cons of retiring in New Jersey. Reviews with URLs or emails are removed. Take me back to the top We're here to help! New Jersey has some lush farms, pinelands, and wetlands too. A larger property with five bedrooms can rent for $4,995 a month. Whats best? When we get comments from people on Pros and Cons of living in Princeton Junction, New Jersey, we publish them here. Such as. My female friends love Dubai because of these types of deals lol. But listen, anyone living in NJ long enough knows better than to act surprised because the airport really sucks. But, New Jersey is one of those places where people seem to either love it. The easiest way to waste money here is by buying drinks. Great place to raise a family. Unfortunately, Im not done with taxes. The benefits of living in New Jersey include excellent schools, high-paying job opportunities, amazing entertainment options, and a decent economy. Apart from these, theres Princeton Charter School which services right from Kindergarten to the 8th Grade. Since the state has pockets where crime is an issue. Personally, I find that the pros greatly outweigh the cons. It is the responsibility of the user to evaluate all sources of information. With the construction of a canal and railroad in the 1830s, the town quickly a hub of commerce and real estate! So in order to help you out, weve come up with this detailed article which covers almost everything you need to know before moving to this city. All of this, of course, depends on a lifestyle you want. With high tax rates and plenty of resources, the residents of this state have to maintain a pretty high cost of living. Generally speaking, lifelong friends are made in school and then theres family. Know that the state gets high marks for its location and accessibility. But many residents still rely on cars. Author Bio, Disclosure, & Disclaimer: Please join me (Tom) as I try to achieve my goals, find my next place to live, and make the most of my money. Whether you want urban, small-town, rural, coastal, or want to enjoy nature in the mountains. To shave a few bucks out of your budget. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Because of loads of job prospects, the state enjoys good financial literacy. First, money may be the biggest drawback of living here. With youth sports leagues playing a big role. Now, I've been there in February and August, which is a huge contrast in this city. Kilometers with plenty of parks, waterways, and trails within its territory. Our puppies are born and raised in a loving and nurturing environment, where they receive the best care and attention from our experienced Maltese breeders. 8 [deleted] 3 yr. ago Pros: You aren't dead Cons: You're in New Jersey 32 jyper 3 yr. ago Then there are certain foods the state is known for. I generally work from home, but we recently rented a small conference room for a meeting. Quaker Bridge Mall is the most popular shopping center in Princeton and features more than 60 stores including Macys, JCPenney, Sears, Lord, and OldNavy. The Camden area always rates high on this list. It is more or less hot all the year-long except for the winter months. With those global comments covered regarding life in New Jersey. If you have children or plan on having in the future, checking out the nearby schools and their ratings is a good idea. Cities Near Princeton Junction: Plainsboro Center, West Windsor township, Plainsboro township, Plainsboro, Joy Discover The Best Cities To Move In 2023 Best Cities for Outdoor Living in 2022 View Rankings Six wee. There are plenty of jogging trails lining the Delaware and Raritan Canal that you can use anytime you need to go on a run! Since the state can be divided up into multiple regions. In Princeton, only 18% of adults have a bachelor's degree and 29% have some college but no degree. World Class Sports Culture 3. 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