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

Is Ringwood, New Jersey a good place to live?
Ringwood is a city in New Jersey state in USA with a population of 12229 residents.. The poverty rate of Ringwood is 1.9%, which is 86% lower than national average. The typical household in Ringwood earns $123559 a year, compared to the national median of $67,500. Nearly 12.8% 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 Ringwood, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ringwood remained 6.2%, which is 32% 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 Ringwood, only 45% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Ringwood is 127, which is 27% higher than national average. Median home value in Ringwood is $360500 , which is 57% higher than national average. While median income in Ringwood remained $123559, which is 83% 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
12229
Unemployment
6.2%
32% NAT AVG.
Poverty
1.9%
86% NAT AVG.
Overall Score
9
Median Home Cost
$360500
57% NAT AVG.
Median Income
$123559
83% NAT AVG.
Median Rent
$1827
58% NAT AVG.
Cost Of Living
127
27% NAT AVG.
People Living BPL
1 in 53
Unemployed People
1 in 16
People Earning < $10,000
1 in 111
People Earning < $50,000
12.8%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2
Pros & Cons Overview

Jobs80%

Housing90%

Affordability80%

Safety95%

Amenities70%

Diversity70%

Education85%

Commute30%