SHORT HILLS, NJ - The Niche.com 'Best Places to Live' rankings are out, and once again Short Hills leads the pack. Short Hills is number one in Best Places to Live in the NY Metro Area and took 5th place in Best Places to Live in the state of New Jersey.

Niche.com gave Short Hills an overall grade of A+ with strong grades in the public schools, good place for families, housing, jobs and outdoor activities. Short Hills scored in the B range for nightlife, diversity (ethnic and economic diversity), commute and health and fitness, but fell to a C grade for cost of living and weather.  Given that Short Hills average home value is $1,229,300 compared to the national average of $178,600 and rent for the area is over $800 more than average at $1,741, the poor cost of living grade is put into statistical perspective. 

Short Hills also lost ground on diversity with a B score. The vast majority of the Short Hills population is white (77%) and Asian (18%)  bringing down the ethnic diversity category. Economic diversity is also a stark contrast to national averages. The median income for the 12,831 residents is $250,001, a staggering five times the national average.  

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The most heavily weighted factor at 15% of the overall grade is higher education rates. Thirty-eight percent of Short Hills residents have a bachelor's degree, and a remarkable 54% of residents have a masters degree compared to the national average of 11%.   

Millburn Township Schools are also helping drive high marks for the area. Millburn Public schools are currently ranked #2 in New Jersey for Best District, District with the Best Teachers and #3 for Best Places to Teach. 

For additional information on how the rankings are calculated, click here