According to Wallethub study, New Jersey ranks as the 8th best state to raise a family. The ranking is calculated upon a number of different factors. New Jersey scored a family-friendly score of 58.98.

New Jersey’s ranking in some of the categories included:

3rd – Median Family Salary (Adjusted for Cost of Living)

4th – Infant-Mortality Rate

8th – Violent-Crime Rate

11th – % of Families with Young Kids

16th – Child-Care Costs (Adjusted for Median Family Income)

Raising a healthy, stable family, sometimes requires moving to a new state. And the reasons for moving are often similar: career transitions, better schools, financial challenges or a general desire to change settings.

But wants and needs don’t always align in a particular state. For instance, a state might offer a low income-tax rate but have a subpar education system. However, families do not need to make these kinds of tradeoffs. They can avoid such problems by knowing which states offer the best combination of qualities that matter most to parents and their kids.

Best States for Families
Overall Rank
(1 = Best) State Total Score ‘Family Fun’ Rank ‘Health & Safety’ Rank ‘Education & Child Care’ Rank ‘Affordability’ Rank ‘Socio-economics’ Rank
1 Minnesota 65.32 13 4 8 8 3
2 Massachusetts 63.58 7 3 3 21 19
3 North Dakota 62.34 35 9 1 10 1
4 Vermont 61.61 44 1 5 24 4
5 New Hampshire 60.90 43 2 6 13 6
6 New York 59.81 2 17 22 3 45
7 Wisconsin 59.29 19 14 16 5 11
8 New Jersey 58.98 26 13 2 2 32

https://wallethub.com/edu/best-states-to-raise-a-family/31065/

If you have any questions about this information or title insurance, please contact Ralph Aponte: 732.914.1400.

Counsellors Title Agency, www.counsellorstitle.net, founded in 1996, is one of New Jersey’s most respected title agencies, serving all 21 New Jersey counties with title insurance, clearing title, escrow, tidelands searches, and closing and settlement services for commercial or industrial properties, waterfront properties and marinas, condominiums, townhouses or residential single family homes. Counsellors Title also features its own Attorney Settlement Assistance Program™ [ASAP], which is an individual resource customized to fit the needs specifically of real estate attorneys, including, Documentation, Preparation, Disbursement of Funds, Attendance at Closing, HUD Preparation or Post-Closing Matters.

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