Woodcliff Lake is a somewhat small borough located in the state of New Jersey. With a population of 5,870 people and just one neighborhood, Woodcliff Lake is the 300th largest community in New Jersey.
Real Estate Prices
Woodcliff Lake home prices are not only among the most expensive in New Jersey, but Woodcliff Lake real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Woodcliff Lake is a decidedly white-collar borough, with fully 95.03% of the workforce employed in white-collar jobs, well above the national average. Overall, Woodcliff Lake is a borough of managers, professionals and sales and office workers. There are especially a lot of people living in Woodcliff Lake who work in management occupations (20.10%), sales jobs (18.91%) and healthcare (11.51%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.59% 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.
Setting & Lifestyle
In addition, Woodcliff Lake 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, Woodcliff Lake is a great place for families with children to consider. First of all, many other families with children live here, making Woodcliff Lake 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 borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Woodcliff Lake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Woodcliff Lake’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
In Woodcliff Lake, however, the average commute to work is quite long. On average, people spend 32.43 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
In Woodcliff Lake, a lot of people use the bus to get to work every day though Woodcliff Lake is a relatively small borough. Those that ride the bus are primarily traveling out of town to good jobs in other cities.