Madison (zip 07940), NJ


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Madison (zip 07940), NJ

About Madison (zip 07940), NJ

Living in the 07940 Madison, NJ area is an enriching experience. The community is vibrant and full of culture and activity, with plenty of locally owned restaurants and shops that bring the area to life. There are also plenty of parks, nature trails, and gardens that provide a great way to get outside and enjoy the environment. Furthermore, residents have access to a variety of events throughout the year that contribute to creating a lively atmosphere. In addition, there are excellent schools in the area with top-notch teachers and administrators who help ensure students receive a high quality education. All in all, living in Madison provides many benefits that make it an attractive place to call home. National center - Southeast corner of New York State, at mouth of Hudson River.

Location Details

Zip Codes: Madison (zip 07940)
Cost of Living: 36.6% higher
Time zone: Eastern Standard Time (EST)
Elevation: 87 ft above sea level
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Dig Deeper on Madison

The New York, NY metro area, often called "The Big Apple," is a bustling region with a deep history, stretching back to when it was first settled by the Dutch in the early 17th century. Since then, it has grown into one of the world's most famous cities, playing a significant role in America's development, including the American Revolution.

Geographically, New York is unique as it's made up of five boroughs: Manhattan, Brooklyn, Queens, The Bronx, and Staten Island, each with its own distinct character. These areas are surrounded by water, including the Hudson River to the west and the Atlantic Ocean to the east, contributing to the city's iconic skyline and busy ports.

The economy here is incredibly dynamic, being a global hub for finance, media, entertainment, and technology. Wall Street, in Lower Manhattan, is synonymous with the financial sector, hosting major stock exchanges. This economic diversity offers residents a wide range of job opportunities across various sectors.

When it comes to voting patterns, the New York metro area is known for its active political engagement, typically leaning towards Democratic candidates in national elections. However, there's a mix of political views across the region, reflecting its vast population.

Living in New York is like being at the heart of the action. It's home to world-renowned cultural institutions like museums, theaters, and galleries, offering endless entertainment and learning opportunities. The culinary scene is equally impressive, with an array of food from all over the world. For those who love the outdoors, there are parks like Central Park and beaches within reach for relaxation and recreation.

For new residents, it's important to know that life here can be fast-paced and the cost of living high, especially in Manhattan. Housing varies greatly in price, so exploring different boroughs could be beneficial. Public transportation is extensive, making it easy to get around without a car. Despite the hustle and bustle, New York offers a sense of community, with diverse neighborhoods each offering their own slice of the city's culture and history.

In summary, the New York, NY metro area is a place of opportunity and excitement, with a rich history, diverse geography, and a strong economy. It offers a wide range of activities and a vibrant lifestyle, but newcomers should be prepared for the fast pace and high cost of living.

Madison Cost of Living
$$$$

Arts and culture, economic center, and education make Madison a great place to live.

$842,600
+59.9% higher than avg
$152,469
+54.7% higher than avg
$1,920 /mo
Monthly rent (2br)
+40.2% higher than avg
Madison Crime
17.9 / 100
Crime is ranked on a scale of 1 (low) to 100 (high). US average: 35.4
Minimum annual income
To live comfortably in Madison, New Jersey
$161,280
for a family
$75,200
for a single person
Pros & Cons of Madison
   Arts and culture
Cost of living and housing
   Economic center
Crowded lifestyle
   Education
Weak future job growth
Cost of Living