Hoboken was first settled as part of the Pavonia, New Netherland colony in the 17th century. During the early 19th century the city was developed by Colonel John Stevens, first as a resort and later as a residential neighborhood. Originally part of Bergen Township and later North Bergen Township, it became a separate township in 1849 and was incorporated as a city in 1855. Hoboken is the location of the first recorded game of baseball and of the Stevens Institute of Technology, one of the oldest technological universities in the United States. It is also well known for being the birthplace and hometown of American singer Frank Sinatra, and there are parks and streets located in the city that are named for him.
Located on the Hudson Waterfront, the city was an integral part of the Port of New York and New Jersey and home to major industries for most of the 20th century. The character of the city has changed from a blue collar town to one of upscale shops and condominiums. It has been ranked 2nd in Niche's "2019 Best Places to Live in Hudson County" list
The financial news and opinion site 24/7 Wall St. recently released its "America's 50 Best Cities To Live" rankings for 2020, and just one city in New Jersey took home a spot on the list:
HOBOKEN
Ranking: 13
Population: 53,211
Five-year population change: 4.5 percent
Median household income: $136,402
Five-year average unemployment rate: 3.4 percent
The site gave this description of the mile-square city:
Hoboken, situated directly across the Hudson River from Manhattan, is the only city in New Jersey to rank on this list. Within commuting distance of New York City — one of the largest and most diverse job markets in the country, unemployment in Hoboken is relatively low. An average of just 3.4 percent of workers in the city were unemployed over the last five years, well below the 5.9 percent comparable national rate. While the cost of living in Hoboken is relatively high, incomes are also far higher than average. The typical household in the city earns $136,402 a year, more than double the national median income of $60,293.
To identify the best U.S. cities to live in, the financial news site created an index of 25 measures across four main categories: affordability, economy, quality of life and community.
Data pertaining to these categories was then pulled from multiple sources, including the U.S. Census Bureau and the Centers for Disease Control and Prevention. The full methodology for the rankings is available at 24/7 Wall St.
Here are the top 10 U.S. cities in which to live:
Manhattan Beach, California
Winnetka, Illinois
Hanover, New Hampshire
Highland Park, Texas
Piedmont, California
Paradise Valley, Arizona
Solana Beach, California
Newport Beach, California
Mercer Island, Washington
Greenwood Village, Colorado
