Richest Neighborhoods In Jersey City, NJ For 2020


We used science and data to determine which Jersey City neighborhoods have the richest people.

Editor’s Note: We updated this article for 2020. This is our fifth time ranking the richest neighborhoods to live in Jersey City.
Richest Neighborhoods In Jersey City

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably aren’t made of ticky tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Jersey City has to offer. Where houses go for over 2.42x the national median and household incomes are 2.54x the national median.

But where exactly in Jersey City do the richest of the rich people live? That would be Liberty Park where the median income is a cool $139,750.

Here’s a look at the top 10 richest neighborhoods in Jersey City out of 11 for 2020.

The Richest Neighborhoods In Jersey City For 2020

  1. Liberty Park (Homes)
  2. The Waterfront (Homes)
  3. Downtown (Homes)
  4. Hackensack Riverfront (Homes)
  5. Lincoln Park (Homes)

What’s the richest neighborhood to live in Jersey City for 2020? According to the most recent census data, Liberty Park looks to be the richest Jersey City neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $772,294. And that my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky. Continue on to find where your neighborhood ranks amongst the richest in Jersey City. Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest.

For more Jersey City reading, check out the best neighborhoods in Jersey City and the worst neighborhoods in Jersey City. Or, for living around Jersey City, out the best Jersey City suburbs and the worst Jersey City suburbs.

For more New Jersey reading, check out:

How We Determined The Wealthiest Neighborhoods In Jersey City For 2020

Every city has it’s best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we really mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using census and extrapolated BLS data, we ranked every neighborhood based on income levels.

We ranked every neighborhood in Jersey City by median income from highest to lowest. The neighborhood with the highest median income, Liberty Park, was named the richest neighborhood in Jersey City.

The poorest neighborhood? That would be Bergen-Lafayette.

Now a look at how all the neighborhoods in Jersey City ranked.

For more New Jersey reading, check out:

Detailed List Of The Richest Neighborhoods In Jersey City For 2020

Rank Neighborhood Median Household Income<
1 Liberty Park $139,750
2 The Waterfront $139,130
3 Downtown $96,326
4 Hackensack Riverfront $81,668
5 Lincoln Park $59,923
6 The Heights $57,801
7 West Side $56,906
8 Journal Square $51,723
9 Greenville $45,289
10 Mcginley Square $43,778
11 Bergen-Lafayette $42,353

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.