Living in Wood-Ridge, New Jersey
Cost of living, income, home prices, rent and demographics of Wood-Ridge · Census data 2020–2024
Wood-Ridge has 10,218 residents with a median age of 39.8. The median household income is $136,108 (31% higher than the New Jersey median), the median home value is $566,200, the median rent is $1,878/month.
Wood-Ridge at a glance
- Population
- 10,218
- Median age
- 39.8State: 40.1
- Median household income
- $136,108State: $103,556
- Median home value
- $566,200State: $454,400
- Median rent
- $1,878/moState: $1,720
- Homeowners
- 67%
- Bachelor's degree or higher
- 53.6%
- Average commute
- 33 min
Is Wood-Ridge a good place to live?
Pros: Median household income 31% higher than the New Jersey median; unemployment of 4.8%; a poverty rate of 6.9%.
Cons: Home values 25% higher than the state median; an average commute of 33 minutes.
The weather is best in May–June and August–September.
Cost of living in Wood-Ridge
Housing is the biggest part of the cost of living. In Wood-Ridge the median home value is $566,200, 70% higher than the U.S. median. Renters pay a median of $1,878 per month, which is 22.5% of household income. Homeowners with a mortgage pay $3,557 a month in housing costs.
Wood-Ridge median household income
The median household income in Wood-Ridge is $136,108 and the income per person is $69,284. 6.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Wood-Ridge: homes for sale and rent
- Housing units
- 3,976
- Owner-occupied
- 67%
- Renter-occupied
- 33%
- Vacant
- 1.7%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.61
Wood-Ridge demographics
- Population
- 10,218
- Median age
- 39.8
- Under 18
- 18.5%
- 65 and older
- 18.1%
- Households
- 3,910
- Foreign-born
- 28.4%
- Veterans
- 2.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Wood-Ridge ›
Education in Wood-Ridge
53.6% of adults 25 and older in Wood-Ridge have a bachelor's degree or higher (New Jersey: 43.6%), and 23.9% have a graduate or professional degree.
Jobs and commute in Wood-Ridge
- Unemployment rate
- 4.8%State: 6.3%
- Average commute
- 33 minState: 31 min
- Work from home
- 16.6%
- Drive alone
- 63.2%
- Public transit
- 16.3%
- Walk to work
- 1.3%
- Homes with broadband
- 95.8%
Wood-Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wood-Ridge | 10,218 | $136,108 | $566,200 | $1,878 |
| Wallington | 11,889 | $85,862 | $528,300 | $1,625 |
| Hasbrouck Heights | 12,115 | $123,734 | $552,900 | $1,700 |
| Teterboro | 136 | $24,904 | — | $1,982 |
| Moonachie | 3,126 | $90,260 | $445,800 | $1,127 |
| Lodi | 26,082 | $89,305 | $475,000 | $1,714 |
| Carlstadt | 6,378 | $115,444 | $595,400 | $1,645 |
| Passaic | 70,002 | $55,371 | $429,900 | $1,465 |
| East Rutherford | 10,313 | $97,993 | $458,100 | $1,952 |
More for people moving to Wood-Ridge
Wood-Ridge ZIP code ›Weather and climate ›Living in Wood-Ridge: FAQ
What is the median household income in Wood-Ridge, NJ?
The median household income in Wood-Ridge is $136,108, 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 Wood-Ridge?
The median home value in Wood-Ridge is $566,200, compared with $454,400 in New Jersey.
How much is rent in Wood-Ridge?
The median gross rent in Wood-Ridge is $1,878 per month, about 22.5% of household income.
Is Wood-Ridge, NJ a good place to live?
Pluses: median household income 31% higher than the New Jersey median; unemployment of 4.8%; a poverty rate of 6.9%. Minuses: home values 25% higher than the state median; an average commute of 33 minutes.
What is the median age in Wood-Ridge?
The median age in Wood-Ridge is 39.8 years (New Jersey: 40.1).
How long is the commute in Wood-Ridge?
The average commute to work in Wood-Ridge is 33 minutes; 16.6% of workers work from home.
What is the unemployment rate in Wood-Ridge?
The unemployment rate in Wood-Ridge is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wood-Ridge?
53.6% of adults in Wood-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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