Is Ridgefield Park, New Jersey a Good Place To Live? - Living In Ridgefield Park, NJ

Is Ridgefield Park, New Jersey a good place to live?
Ridgefield Park is a city in New Jersey state in USA with a population of 12928 residents.. The poverty rate of Ridgefield Park is 9.3%, which is 34% lower than national average. The typical household in Ridgefield Park earns $81908 a year, compared to the national median of $67,500. Nearly 31.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Ridgefield Park, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ridgefield Park remained 6%, which is 28% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ridgefield Park, only 38% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Ridgefield Park is 141, which is 41% higher than national average. Median home value in Ridgefield Park is $367500 , which is 60% higher than national average. While median income in Ridgefield Park remained $81908, which is 21% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
12928
Unemployment
6%
28% NAT AVG.
Poverty
9.3%
34% NAT AVG.
Overall Score
9
Median Home Cost
$367500
60% NAT AVG.
Median Income
$81908
21% NAT AVG.
Median Rent
$1402
21% NAT AVG.
Cost Of Living
141
41% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 17
People Earning < $10,000
1 in 31
People Earning < $50,000
31.5%
People with <= High School
1 in 2.7
People With Any Degree
1 in 2.2
Pros & Cons Overview

Jobs80%

Housing90%

Affordability50%

Safety85%

Amenities90%

Diversity95%

Education80%

Commute40%