Ridgewood is a medium-sized village located in the state of New Jersey. With a population of 26,194 people and five associated 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.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 28.63% 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.
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 32.41 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.
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.
Do you like to read, write and learn? If you move to Ridgewood, you'll likely find that many of your neighbors like to as well. Ridgewood is one of the more educated communities in America, with a full 80.61% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Ridgewood in 2022 was $98,259, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $393,036 for a family of four.
Ridgewood is an extremely 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. Ridgewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.20% of the village’s residents. Important ancestries of people in Ridgewood include Irish, Italian, German, English, and Polish.
Ridgewood also has a high percentage of its population that was born in another country: 21.44%.
The most common language spoken in Ridgewood is English. Other important languages spoken here include Spanish and Korean.