Fact text

  • Jersey City's neighborhood was originally named 'Pavonia', Latin for 'land of the peacock', because the founder's name, Pauw, literally meant peacock in Dutch.
  • Jersey City has been nicknamed 'Wall Street West' thanks to its booming waterfront finance district just a quick tunnel ride from the original Wall Street.
  • The city flag features the Dutch ship Half Moon, nodding to explorer Henry Hudson, who anchored nearby in 1609 while hunting for a shortcut to East Asia.
  • Jersey City's official motto, 'Let Jersey Prosper', exists specifically because of a 19th-century border squabble with New York City.
  • More than 40 languages are spoken across the city, earning Jersey City the title of most ethnically diverse city in the entire United States.
Your
Jersey City
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
262652
+
Total Population
Stat icon
$
76444
Median Income
Stat icon
$
406200
Median Home
Stat icon
11
%
Age 65+
Retirement Suitability
How
Jersey City
ranks for retirees?
15
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
8
Affordability
22
Healthcare
2
Climate
40

Results

Jersey City

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

New Jersey does not tax Social Security benefits, though other retirement income is subject to the state income tax.

State sales tax here runs about

%.

Source · Tax Foundation
8
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
22

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
22
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
2

The area has

6

Medicare-certified hospitals, averaging a

2

/5 CMS quality rating.

Source · CMS Hospital Compare
2
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
40

A

Temperate

climate — summers peak near

84

°F, winters dip to about

26

°F, with roughly

25

″ of snow a year.

Source · NOAA Climate Normals
Temperate
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively High

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively High

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