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The small borough of Elwood, NJ (zip code 08217) is a great place to live and work. According to the rankings of bestplaces.net, the quality of life in Elwood is rated very high with an overall score of 8.3 out of 10. The area鈥檚 crime rate is low with a safety rating of 7.6, making it a safe place for people to live in or pass through. Moreover, the cost of living index is low at 91 out of 100 meaning that it is relatively more affordable to live here compared to other places in New Jersey. The job market in Elwood is also strong with an unemployment rate of 4%, which is lower than the national average. Further, Elwood has thriving housing markets as well as excellent public schools that are highly rated by the state government as having some of the highest test scores in New Jersey. All these factors make Elwood a great place for individuals and families who want to settle down and create meaningful lives in this little part of New Jersey.

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