Living in Ridgewood, New Jersey
Cost of living, income, home prices, rent and demographics of Ridgewood · Census data 2020–2024
Ridgewood has 26,308 residents with a median age of 41.6. The median household income is $208,211 (101% higher than the New Jersey median), the median home value is $891,200, the median rent is $2,499/month.
Ridgewood at a glance
- Population
- 26,308
- Median age
- 41.6State: 40.1
- Median household income
- $208,211State: $103,556
- Median home value
- $891,200State: $454,400
- Median rent
- $2,499/moState: $1,720
- Homeowners
- 82.5%
- Bachelor's degree or higher
- 80.1%
- Average commute
- 35 min
Is Ridgewood a good place to live?
Pros: Median household income 101% higher than the New Jersey median; unemployment of 3.4%; a poverty rate of 4.2%.
Cons: Home values 96% higher than the state median; an average commute of 35 minutes.
The weather is best in May–June and August–September.
Cost of living in Ridgewood
Housing is the biggest part of the cost of living. In Ridgewood the median home value is $891,200, 168% higher than the U.S. median. Renters pay a median of $2,499 per month, which is 26.7% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Ridgewood median household income
The median household income in Ridgewood is $208,211 and the income per person is $93,638. 4.2% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Ridgewood: homes for sale and rent
- Housing units
- 9,191
- Owner-occupied
- 82.5%
- Renter-occupied
- 17.5%
- Vacant
- 3.1%Includes seasonal homes
- Median year built
- 1950
- Average household size
- 2.93
Ridgewood demographics
- Population
- 26,308
- Median age
- 41.6
- Under 18
- 27.6%
- 65 and older
- 13.9%
- Households
- 8,903
- Foreign-born
- 22.3%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Ridgewood ›
Education in Ridgewood
80.1% of adults 25 and older in Ridgewood have a bachelor's degree or higher (New Jersey: 43.6%), and 37.4% have a graduate or professional degree.
Jobs and commute in Ridgewood
- Unemployment rate
- 3.4%State: 6.3%
- Average commute
- 35 minState: 31 min
- Work from home
- 32.1%
- Drive alone
- 46.9%
- Public transit
- 12%
- Walk to work
- 2.3%
- Homes with broadband
- 97%
Ridgewood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ridgewood | 26,308 | $208,211 | $891,200 | $2,499 |
| Ho-Ho-Kus | 4,270 | $250,001 | $1,092,500 | $2,857 |
| Glen Rock | 12,154 | $215,096 | $856,900 | $1,930 |
| Midland Park | 7,019 | $146,841 | $607,200 | $1,853 |
| Waldwick | 10,164 | $177,962 | $588,500 | $3,446 |
| Washington | 9,323 | $180,133 | $664,000 | $2,357 |
| Hawthorne | 19,628 | $110,237 | $533,700 | $1,830 |
| Saddle River | 3,389 | $212,143 | $2,000,001 | $2,211 |
| Wyckoff | 17,050 | $203,988 | $925,700 | $2,567 |
More for people moving to Ridgewood
Ridgewood ZIP code ›Weather and climate ›Living in Ridgewood: FAQ
What is the median household income in Ridgewood, NJ?
The median household income in Ridgewood is $208,211, 101% 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 Ridgewood?
The median home value in Ridgewood is $891,200, compared with $454,400 in New Jersey.
How much is rent in Ridgewood?
The median gross rent in Ridgewood is $2,499 per month, about 26.7% of household income.
Is Ridgewood, NJ a good place to live?
Pluses: median household income 101% higher than the New Jersey median; unemployment of 3.4%; a poverty rate of 4.2%. Minuses: home values 96% higher than the state median; an average commute of 35 minutes.
What is the median age in Ridgewood?
The median age in Ridgewood is 41.6 years (New Jersey: 40.1).
How long is the commute in Ridgewood?
The average commute to work in Ridgewood is 35 minutes; 32.1% of workers work from home.
What is the unemployment rate in Ridgewood?
The unemployment rate in Ridgewood is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ridgewood?
80.1% of adults in Ridgewood 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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