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Ridgewood, New Jersey

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
26,308
Population
$208,211
Median Income
$891,200
Home Value
41.6
Median Age

Demographics

Ridgewood has a population of 26,308 with a median age of 41.6. Here is the racial and ethnic breakdown of the population:

White
66.8%
Asian
15.9%
Hispanic
10.8%
Other
3.6%
Black
2.9%
Demographic Value
Total Population26,308
Median Age41.6
White66.8%
Black or African American2.9%
Asian15.9%
Hispanic or Latino10.8%
Other / Two or More Races3.6%
Ridgewood, New Jersey — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 66.8%Asian: 15.9%Hispanic/Latino: 10.8%Other: 3.6%Black: 2.9%26,308PopulationWhiteWhite66.8%AsianAsian15.9%Hispanic/LatinoHispanic/Latino10.8%OtherOther3.6%BlackBlack2.9%

Income & Economy

The median household income in Ridgewood is $208,211, which is 158.3% above the national median of $80,610. The per capita income is $93,638. The poverty rate is 4.2%.

$208,211
Median Household Income
$93,638
Per Capita Income
4.2%
Poverty Rate

Employment

The unemployment rate in Ridgewood is 2.9%, compared to the national rate of 4.1%.

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Education

In Ridgewood, 98.5% of residents age 25+ have a high school diploma or higher, and 80.1% hold a bachelor's degree or higher (37.4% with a graduate or professional degree).

HS Diploma+
98.5%
Bachelor's+
80.1%
Graduate+
37.4%
Education Level % of Adults (25+)
High School Diploma or Higher98.5%
Bachelor's Degree or Higher80.1%
Graduate or Professional Degree37.4%

Housing

The median home value in Ridgewood is $891,200, above the national median of $303,400. The median monthly rent is $2,499. The homeownership rate is 82.5%.

$891,200
Median Home Value
$2,499/mo
Median Rent
82.5%
Homeownership Rate
Housing Metric Value
Median Home Value$891,200
Median Monthly Rent$2,499
Homeownership Rate82.5%
Vacancy Rate3.1%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Ridgewood, New Jersey?
The population of Ridgewood, New Jersey is 26,308 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ridgewood, New Jersey?
The median household income in Ridgewood, New Jersey is $208,211. This is 158.3% above the national median of $80,610.
What is the median home value in Ridgewood, New Jersey?
The median home value in Ridgewood, New Jersey is $891,200. The median monthly rent is $2,499.
What percentage of people in Ridgewood have a college degree?
In Ridgewood, New Jersey, 80.1% of adults age 25 and older hold a bachelor's degree or higher, and 98.5% have a high school diploma or higher.
Is Ridgewood, New Jersey an affordable place to live?
The home price-to-income ratio in Ridgewood, New Jersey is 4.3x (median home value $891,200 vs. median income $208,211), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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