Moorestown, New Jersey
Cost of Living: Above the National
Average
Moorestown is located in Burlington County, New Jersey State,
USA. There is another city by the name of Morristown (also in New
Jersey) which is often confused with Moorestown. This city had
been ranked as no.1 in the survey for the best town to live in USA
in the year 2005, conducted by CNN and Money magazine. The fact
that Moorestown is endowed with great schools, medical facilities
and high income contributed to this achievement.
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The Moorestown has a population of about 20
thousand people with a density of about 1300 people per
square mile. Owing to its popularity there has been a
population growth of about 5% over the last decade.
The race mix in Moorestown has about 88% white people,
7% Black people and the rest comprise of Asians, Native
Americans and others. Only about 49 percent of the total
population in this town is affiliated to a religion. The
majority is Catholic (about 31%), followed by Protestants
(11%) and the rest comprising of other faiths.
The economy of Moorestown is very promising showing a
growth in job opportunities of about 20% over the next ten
years. The income per household is US $88 thousand while
the cost of an average house is about US $650 thousand.
The cost of living in this city is about 43% more than an
average US city. |
You may like to note that only about 18% of the total
population lives in rented accommodation while the rest own their
homesteads.
As stated a little earlier this is a town which was voted to be
the best to live in USA in 2005. The growing economy, the
promising environment and facilities make Moorestown an unbeatable
choice.
It may be noted here that there is a problem of pollution as
the index for drinking water is 1 out of 100 (where the higher it
is, the better it is) and the pollution index is 10 out of 100.
Air quality is also low with an index of 33 out 100.
This is a place best suited for those who love sun as you get
sunshine on 205 out of the total 365 days. The highest temperature
is 86 degrees (in July) and the lowest 24 degrees (in January).
The comfort index is 42 out of 100 (where the higher it is, the
better it is) vis-à-vis the US average of 44.
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