Bayonne, New Jersey Unemployment

Bayonne, New Jersey has a population of 71,686, with a median household income of $73,228.

Current unemployment data for Bayonne.

4.80%

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Population

71,686

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Median Income

$73,228

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Unemployment

4.80%

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Housing Price

$462,118

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Crime Rate

0.90

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Internet Speed

289.40 Mbps

Bayonne is a smaller urban community located in New Jersey. The city has a population that is above the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Bayonne is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Bayonne has a population of 71,686, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Bayonne is $73,228, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Bayonne is about $462,118, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Bayonne is 4.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Bayonne are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Bayonne shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Bayonne continues to play a role in shaping regional trends in New Jersey, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Bayonne

What is the population of Bayonne?

The population of Bayonne is approximately 71,686.

Is Bayonne a good place to live?

Bayonne offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Bayonne?

The median household income in Bayonne is around $73,228.

How expensive is housing in Bayonne?

The average housing price in Bayonne is approximately $462,118.