Living in Silver Ridge, New Jersey
Cost of living, income, home prices, rent and demographics of Silver Ridge · Census data 2020–2024
Silver Ridge has 1,279 residents with a median age of 73. The median household income is $32,293 (69% lower than the New Jersey median), the median home value is $226,500, the median rent is $1,375/month.
Silver Ridge is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Silver Ridge at a glance
- Population
- 1,279
- Median age
- 73State: 40.1
- Median household income
- $32,293State: $103,556
- Median home value
- $226,500State: $454,400
- Median rent
- $1,375/moState: $1,720
- Homeowners
- 89.1%
- Bachelor's degree or higher
- 15.1%
- Average commute
- 32 min
Is Silver Ridge a good place to live?
Pros: Home values 50% lower than the state median.
Cons: Median household income 69% lower than the New Jersey median; an average commute of 32 minutes; unemployment of 6.8%; a poverty rate of 20.6%.
The weather is best in May–June and August–September.
Cost of living in Silver Ridge
Housing is the biggest part of the cost of living. In Silver Ridge the median home value is $226,500, 32% lower than the U.S. median. Renters pay a median of $1,375 per month, which is 32.7% of household income. Homeowners with a mortgage pay $1,225 a month in housing costs.
Silver Ridge median household income
The median household income in Silver Ridge is $32,293 and the income per person is $63,414. 20.6% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Silver Ridge: homes for sale and rent
- Housing units
- 886
- Owner-occupied
- 89.1%
- Renter-occupied
- 10.9%
- Vacant
- 1.8%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 1.47
Silver Ridge demographics
- Population
- 1,279
- Median age
- 73
- Under 18
- 0%
- 65 and older
- 71.6%
- Households
- 870
- Foreign-born
- 8.8%
- Veterans
- 13%Adults 18+
Hispanic or Latino can be of any race. Population history of Silver Ridge ›
Education in Silver Ridge
15.1% of adults 25 and older in Silver Ridge have a bachelor's degree or higher (New Jersey: 43.6%), and 5.8% have a graduate or professional degree.
Jobs and commute in Silver Ridge
- Unemployment rate
- 6.8%State: 6.3%
- Average commute
- 32 minState: 31 min
- Work from home
- 17.1%
- Drive alone
- 66.7%
- Public transit
- 0%
- Walk to work
- 16.2%
- Homes with broadband
- 77.8%
Silver Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Silver Ridge | 1,279 | $32,293 | $226,500 | $1,375 |
| Holiday City South | 4,270 | $51,660 | $266,700 | $1,821 |
| Holiday Heights | 2,121 | $58,297 | $338,900 | — |
| Holiday City-Berkeley | 12,995 | $50,156 | $266,200 | $1,640 |
| South Toms River | 3,716 | $103,503 | $299,700 | $2,063 |
| Pine Lake Park | 9,795 | $91,813 | $414,700 | $1,838 |
| Beachwood | 11,088 | $106,858 | $352,600 | $2,335 |
| Pine Ridge at Crestwood | 2,719 | $62,235 | $135,900 | $1,674 |
| Leisure Village West | 3,969 | $52,500 | $222,600 | $1,379 |
More for people moving to Silver Ridge
Silver Ridge ZIP code ›Weather and climate ›Living in Silver Ridge: FAQ
What is the median household income in Silver Ridge, NJ?
The median household income in Silver Ridge is $32,293, 69% lower 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 Silver Ridge?
The median home value in Silver Ridge is $226,500, compared with $454,400 in New Jersey.
How much is rent in Silver Ridge?
The median gross rent in Silver Ridge is $1,375 per month, about 32.7% of household income.
Is Silver Ridge, NJ a good place to live?
Pluses: home values 50% lower than the state median. Minuses: median household income 69% lower than the New Jersey median; an average commute of 32 minutes; unemployment of 6.8%; a poverty rate of 20.6%.
What is the median age in Silver Ridge?
The median age in Silver Ridge is 73 years (New Jersey: 40.1).
How long is the commute in Silver Ridge?
The average commute to work in Silver Ridge is 32 minutes; 17.1% of workers work from home.
What is the unemployment rate in Silver Ridge?
The unemployment rate in Silver Ridge is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Silver Ridge?
15.1% of adults in Silver Ridge 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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