Living in Ledgewood, New Jersey
Cost of living, income, home prices, rent and demographics of Ledgewood · Census data 2020–2024
Ledgewood has 5,377 residents with a median age of 43. The median household income is $135,912 (31% higher than the New Jersey median), the median home value is $460,900, the median rent is $2,186/month.
Ledgewood at a glance
- Population
- 5,377
- Median age
- 43State: 40.1
- Median household income
- $135,912State: $103,556
- Median home value
- $460,900State: $454,400
- Median rent
- $2,186/moState: $1,720
- Homeowners
- 86.5%
- Bachelor's degree or higher
- 60.5%
- Average commute
- 33 min
Is Ledgewood a good place to live?
Pros: Median household income 31% higher than the New Jersey median; a poverty rate of 3%.
Cons: Home values about the same as the state median; an average commute of 33 minutes; unemployment of 14.6%.
The weather is best in June to September.
Cost of living in Ledgewood
Housing is the biggest part of the cost of living. In Ledgewood the median home value is $460,900, 39% higher than the U.S. median. Renters pay a median of $2,186 per month, which is 38% of household income. Homeowners with a mortgage pay $2,922 a month in housing costs.
Ledgewood median household income
The median household income in Ledgewood is $135,912 and the income per person is $59,880. 3% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Ledgewood: homes for sale and rent
- Housing units
- 2,089
- Owner-occupied
- 86.5%
- Renter-occupied
- 13.5%
- Vacant
- 2.2%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.62
Ledgewood demographics
- Population
- 5,377
- Median age
- 43
- Under 18
- 20.8%
- 65 and older
- 13.9%
- Households
- 2,044
- Foreign-born
- 10.3%
- Veterans
- 2.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Ledgewood ›
Education in Ledgewood
60.5% of adults 25 and older in Ledgewood have a bachelor's degree or higher (New Jersey: 43.6%), and 17.1% have a graduate or professional degree.
Jobs and commute in Ledgewood
- Unemployment rate
- 14.6%State: 6.3%
- Average commute
- 33 minState: 31 min
- Work from home
- 17%
- Drive alone
- 77.9%
- Public transit
- 1.3%
- Walk to work
- 0.6%
- Homes with broadband
- 97.8%
Ledgewood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ledgewood | 5,377 | $135,912 | $460,900 | $2,186 |
| Roxbury | 23,211 | $134,519 | $465,700 | $1,983 |
| Port Morris | 858 | $69,067 | $410,100 | $1,470 |
| Landing | 4,737 | $128,068 | $417,400 | $1,799 |
| Netcong | 3,659 | $83,958 | $346,100 | $1,432 |
| Succasunna | 9,799 | $161,712 | $529,100 | $2,516 |
| Kenvil | 1,722 | $85,288 | $365,600 | $2,220 |
| Stanhope | 3,552 | $139,205 | $376,700 | $1,964 |
| Mount Arlington | 5,935 | $92,264 | $422,900 | $2,392 |
More for people moving to Ledgewood
Ledgewood ZIP code ›Weather and climate ›Living in Ledgewood: FAQ
What is the median household income in Ledgewood, NJ?
The median household income in Ledgewood is $135,912, 31% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Ledgewood?
The median home value in Ledgewood is $460,900, compared with $454,400 in New Jersey.
How much is rent in Ledgewood?
The median gross rent in Ledgewood is $2,186 per month, about 38% of household income.
Is Ledgewood, NJ a good place to live?
Pluses: median household income 31% higher than the New Jersey median; a poverty rate of 3%. Minuses: home values about the same as the state median; an average commute of 33 minutes; unemployment of 14.6%.
What is the median age in Ledgewood?
The median age in Ledgewood is 43 years (New Jersey: 40.1).
How long is the commute in Ledgewood?
The average commute to work in Ledgewood is 33 minutes; 17% of workers work from home.
What is the unemployment rate in Ledgewood?
The unemployment rate in Ledgewood is 14.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ledgewood?
60.5% of adults in Ledgewood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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