A new study by personal finance company smartasset has ranked Jersey City as the most livable city in the U.S. The study was based on factors such as population density, income after housing, violent crime rate, unemployment rate, and walkability. The likely reason Jersey City took the crown, is due to the fact that residents earn higher incomes being close to Manhattan but pay significantly lower housing costs.
According to smartasset:
Jersey City snagged the title as the most livable city in the United States. Of the 93 cities in our study, it has the third-highest population density, third-highest income after housing and is fourth in walkability. Because of the city’s proximity to New York, a person living there can easily work in Manhattan (where the jobs tend to be higher paying), while enjoying the lower living costs associated with Jersey City. Jersey City residents have $35,452 on average to play with after housing costs.
NYC ranked 4th on the list, Boston came in 7th and San Francisco tied with San Jose for 10th place.
Read the full study here: The Most Livable Cities in the U.S.
