Park Ridge is a somewhat small borough located in the state of New Jersey. With a population of 8,841 people and two constituent neighborhoods, Park Ridge is the 227th largest community in New Jersey.
Park Ridge home prices are not only among the most expensive in New Jersey, but Park Ridge real estate also consistently ranks among the most expensive in America.
Park Ridge is a decidedly white-collar borough, with fully 90.17% of the workforce employed in white-collar jobs, well above the national average. Overall, Park Ridge is a borough of sales and office workers, professionals and managers. There are especially a lot of people living in Park Ridge who work in management occupations (15.63%), office and administrative support (14.23%) and sales jobs (13.93%).
Also of interest is that Park Ridge has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Park Ridge telecommute to their jobs. Overall, about 8.42% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Park Ridge is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Park Ridge is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Park Ridge’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Park Ridge is that it can take a long time to commute to work. In Park Ridge, the average commute to work is 30.55 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
Even though Park Ridge is a smaller borough, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Park Ridge. 53.27% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Park Ridge in 2010 was $50,083, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $200,332 for a family of four.
Park Ridge is a somewhat ethnically-diverse borough. The people who call Park Ridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Park Ridge residents report their race to be White, followed by Asian. Park Ridge also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.16% of the borough’s residents. Important ancestries of people in Park Ridge include Italian, Irish, German, Polish, English and Greek.
The most common language spoken in Park Ridge is English. Some people also speak Spanish.
|PARK RIDGE INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||3,225|
|PARK RIDGE HOME OWNERSHIP|
|% OWNER OCCUPIED||76.01%|
|% RENTER OCCUPIED||23.99%|
|TYPE OF PARK RIDGE HOMES|
|SINGLE FAMILY DETACHED||69.67%|
|ROWHOUSES AND ATTACHED HOMES||7.23%|
|SMALL APARTMENT BUILDINGS||11.71%|
|COMPLEXES OR HIGH RISE APARTMENTS||11.38%|
|SIZE OF PARK RIDGE HOMES|
|5 OR MORE BEDROOMS||8.81%|
|AGE OF PARK RIDGE HOMES|
|NEWER HOMES (2000 OR LATER)||6.84%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||34.87%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||46.82%|
|HISTORIC (1939 OR BEFORE)||11.47%|
|PARK RIDGE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$560,285|
|MEDIAN RENTAL PRICE||$1,762|
|HOME VALUE RANGE|
|$0 - $53,000||0.24%|
|$53,001 - $107,000||0.00%|
|$107,001 - $213,000||1.87%|
|$213,001 - $320,000||4.62%|
|$320,001 - $427,000||13.30%|
|$427,001 - $533,000||26.59%|
|$533,001 - $800,000||40.01%|
|$800,001 - $1,067,000||9.63%|
|PEOPLE OF PARK RIDGE||DETAILS|
|UNDER 5 YEARS||5.81%|
|5 TO 17||19.61%|
|18 TO 24||4.96%|
|25 TO 34||9.36%|
|35 TO 54||28.39%|
|55 TO 64||12.67%|
|65 YEARS AND OVER||19.21%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||94.49%|
|MEDIAN HOUSEHOLD INCOME||$106,327|
|PER CAPITA INCOME||$50,083|
|INDIVIDUALS BELOW POVERTY LEVEL||3.03%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (12.96%)
Professional, scientific, and technical services (11.78%)
Public Service (4.90%)
Information Technology (2.88%)
|BLACK OR AFRICAN AMERICAN||2.68%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||2.94%|
|TWO OR MORE RACES||3.01%|
|HISPANIC OR LATINO (OF ANY RACE)||11.16%|
|ETHNICITIES PRESENT||Italian (26.36%)
|LANGUAGES SPOKEN||English (79.99%)
Other Asian languages (1.01%)
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