Ridgewood is a medium-sized village located in the state of New Jersey. With a population of 25,056 people and five constituent neighborhoods, Ridgewood is the 73rd 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 94.46% 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 (23.68%), sales jobs (13.31%), and business and financial occupations (11.78%).
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.
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.
A relatively large number of people in Ridgewood telecommute to their jobs. Overall, about 11.08% 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, Ridgewood 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.
Because of many things, Ridgewood is a great place for families with children to consider. First of all, many other families with children live here, making Ridgewood a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Ridgewood has a high rate of owner-occupied single family homes, which tends to reflect stability in the local 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 36.54 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. In addition, it is also a pedestrian-friendly village. Many of Ridgewood’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
Like elsewhere in America, most people in Ridgewood use a private automobile to get to work. But notably, a substantial number of Ridgewood‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.
If knowledge is power, Ridgewood is a pretty powerful place. 75.95% of the adults in Ridgewood have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Ridgewood in 2018 was $82,342, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $329,368 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.
Ridgewood also has a high percentage of its population that was born in another country: 20.98%.
The most common language spoken in Ridgewood is English. Other important languages spoken here include Korean and Spanish.