Tale of Two Very Different Cities: Hoboken vs. Lake Worth

Commissioner Christopher McVoy said Hoboken, NJ set a good example for Lake Worth to follow as it relates to infrastructure improvements. Note the statistics below, Hoboken's density, and obvious tax advantages:

Hoboken, New Jersey

Homeownership rate, 2005-2009: 32.5%
Housing units in multi-unit structures, percent, 2005-2009: 94.5%
Median value of owner-occupied housing units, 2005-2009: $572,300
Median household income 2005-2009: $105,710
People of all ages in poverty – percent, 2005-2009: 9.4%
Accommodation and food services sales, 2007: $121,901,000
White persons not Hispanic, 2010: 73.2%
Bachelor’s degree or higher, pct of persons age 25+, 2005-2009: 74.4%
Land area in square miles, 2010: 1.28
Persons per square mile, 2010 39,219.6

Lake Worth, Florida

Homeownership rate, 2008-2012 51.5%
Housing units in multi-unit structures, percent, 2008-2012 45.4%
Median value of owner-occupied housing units, 2008-2012 $141,500
Median household income, 2008-2012 $36,827
Persons below poverty level, percent, 2008-2012 28.6%
Accommodation and food services sales, 2007 ($1000) 47,136
White alone, not Hispanic or Latino, percent, 2010 38.1%
Bachelor's degree or higher, percent of persons age 25+, 2008-2012 20.1%
Land area in square miles, 2010 5.87
Persons per square mile, 2010 5,945.2