Pros and Cons of Living In Ridgewood, New Jersey. Is Ridgewood, NJ a Nice Place To Live or Retire?

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Ridgewood, New Jersey

Moving to Ridgewood In New Jersey ? Is Ridgewood, NJ a Nice Place To Live? Pros and Cons of Living in Ridgewood, New Jersey. Find out the best and worst about to live, raise a family or retire in Ridgewood.

DEMOGRAPHICS

Population
25110
Unemployment
3.1%
34% NAT AVG.
Poverty
3.3%
76% NAT AVG.
Cost Of Living
176
76% NAT AVG.

ECONOMICS

Median Home Cost
$744200
224% NAT AVG.
Median Income
$178958
165% NAT AVG.
Median Rent
$2062
78% NAT AVG.
Overall Score
10

CRIME REPORT

Total Crime
141
76% NAT. AVG.
58% STATE AVG.
Violent Crime
8
92% NAT. AVG.
84% STATE AVG.
Property Crime
133
73% NAT. AVG.
54% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 30
Unemployed People
1 in 32
People Earning < $10,000
1 in 37
People Earning < $50,000
10.8%
People With Any Degree
1 in 1.3

ETHNICITY

Ethnicity Ridgewood USA
White 70.7% 60.1%
African American 1.9% 12.2%
American Indian 0.2% 0.6%
Asian 15.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.6% 2.8%
Hispanic 9.1% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Ridgewood USA
Less than $10,000 2.7% 5.8%
$10,000 to $14,999 0.8% 4.1%
$15,000 to $24,999 0.6% 8.5%
$25,000 to $34,999 2.8% 8.6%
$35,000 to $49,999 3.9% 12.0%
$50,000 to $74,999 6.1% 17.2%
$75,000 to $99,999 6.3% 12.8%
$100,000 to $149,999 16.8% 15.6%
$150,000 to $199,999 12.8% 7.1%

EDUCATION

Education Ridgewood USA
< 9th Grade 2% 5.0%
9-12th Grade 1% 7.0%
High School or GED 10% 27.0%
Other College 7% 20.0%
Associate's Degree 4% 9%
Bachelor's Degree 41% 20.0%
Master's Degree 23% 9.0%
Professional Degree 7% 2.0%
Doctorate Degree 5% 1.0%
Ridgewood is a city in New Jersey state in USA with a population of 25110 residents.. The poverty rate of Ridgewood is 3.3%, which is 76% lower than national average. The typical household in Ridgewood earns $178958 a year, compared to the national median of $67,500. Nearly 10.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Ridgewood remained 3.1%, which is 34% lower than national rate.

Cost of living in Ridgewood is 176, which is 76% higher than national average. In Ridgewood, only 76% of adults have a bachelor's degree and 11% have some college but no degree. Median home value in Ridgewood is $744200 , which is 224% higher than national average. While median income in Ridgewood remained $178958, which is 165% 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.
Ridgewood Scorecard

Jobs90%

Housing100%

Affordability80%

Safety90%

Amenities90%

Diversity85%

Education95%

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