SperlingViews - Caldwell, New_jersey
90.07% of people are white, 2.21% are black, 4.54% are asian, 0.09% are native american, and 3.09% claim 'Other'. 6.26% of the people in Caldwell, NJ, claim hispanic ethnicity (meaning 93.74% are non-hispanic).
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Retirement: cost of living in suburban New Jersey - 6/6/2007
Basic cost of living in northern New Jersey is very high for those on a moderate and/or fixed income. Property taxes seem to run from $12000 a year to (as much as) $80000 a year. Rent for a one bedroom apartment is over $1500.00 and for someone moving toward retirement, these factors cause one to look elsewhere for a place to live in the future.
On the flip side, Manhattan and all its excitement, art and educational opportunities is a short (distance wise) commute; gas is less costly than any where else in the US, and there are GREAT ethnic restaurants all around.
The diversity is magnificent - but soon only the wealthy will be able to enjoy it all.[read more...] |