Ridgewood is a medium-sized village located in the state of New Jersey. With a population of 26,202 people and five constituent neighborhoods, Ridgewood is the 69th largest community in New Jersey.
Ridgewood home prices are not only among the most expensive in New Jersey, but Ridgewood real estate also consistently ranks among the most expensive in America.
Ridgewood is a decidedly white-collar village, with fully 94.49% of the workforce employed in white-collar jobs, well above the national average. Overall, Ridgewood is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in Ridgewood who work in management occupations (26.20%), sales jobs (10.40%), and business and financial occupations (10.23%).
Of important note, Ridgewood is also a village of artists. Ridgewood has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Ridgewood’s character.
Also of interest is that Ridgewood has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.98% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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, Ridgewood is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Ridgewood 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 village’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, Ridgewood’s overall crime rate is lower than average for the country.
One downside of living in Ridgewood is that it can take a long time to commute to work. In Ridgewood, the average commute to work is 34.72 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative.
For the size of the village, public transportation in Ridgewood is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Ridgewood, the benefits are reduced air pollution and congestion on the highways.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Ridgewood. 75.86% 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 Ridgewood in 2018 was $84,565, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $338,260 for a family of four.
Ridgewood is a very ethnically-diverse village. The people who call Ridgewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Ridgewood residents report their race to be White, followed by Asian. Important ancestries of people in Ridgewood include Irish, Italian, German, English, and Russian.
In addition, Ridgewood has a lot of people living here who were born outside of the US (20.08%).
The most common language spoken in Ridgewood is English. Other important languages spoken here include Korean and Spanish.