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

Is Ridgewood, New Jersey a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in Ridgewood, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ridgewood remained 3.1%, which is 34% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ridgewood, only 76% of adults have a bachelor's degree and 11% have some college but no degree.

Cost of living in Ridgewood is 176, which is 76% higher than national average. 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.
Population
25110
Unemployment
3.1%
34% NAT AVG.
Poverty
3.3%
76% NAT AVG.
Overall Score
10
Median Home Cost
$744200
224% NAT AVG.
Median Income
$178958
165% NAT AVG.
Median Rent
$2062
78% NAT AVG.
Cost Of Living
176
76% NAT AVG.
People Living BPL
1 in 30
Unemployed People
1 in 32
People Earning < $10,000
1 in 37
People Earning < $50,000
10.8%
People with <= High School
1 in 7.7
People With Any Degree
1 in 1.3
Pros & Cons Overview

Jobs90%

Housing100%

Affordability80%

Safety90%

Amenities90%

Diversity85%

Education95%

Commute30%