Ridgewood is a moderately-sized city located in the state of New Jersey. The city has a population of 25,430 inhabitants. With a population density of 4,429 people per square mile, Ridgewood is well above the nation's average density level. According to the most recent Census, 79% of Ridgewood residents are White, 15% Asian and 2% Black. If you are looking for a family friendly city, Ridgewood might be a good fit as 87% of the population over 15 years old are married, and 39% have kids who are 18 years old or younger.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Ridgewood could be a positive experience compared to other cities in New Jersey if you know where to search. With useful information like cost of living, weather, education, employment, housing and other key data points, finding the best places to live in Ridgewood and in the areas around Ridgewood is a much easier task.
With a livability score of 76/100, Ridgewood is ranked #4,500 in the United States and #54 in New Jersey. This is a phenomenal score, as Ridgewood ranks well in multiple categories! Based on the grades for each individual category, Ridgewood has received high marks for amenities (A+), crime (A+), education (A+) and employment (A). Unfortunately for Ridgewood, there are some categories for which it does not rank well, this includes: cost of living (F) and housing (F).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Ridgewood on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Low violent crime (murder, rape, robbery, assault) is a must for most people when searching for a new area to live. At 23 crimes per 100,000 residents, Ridgewood has a violent crime rate that is far below the national average.
The average school test scores in Ridgewood are 77%. This far exceeds the national average and ensures that this educational system will provide your children with the skills and the tools they need to thrive.
Ridgewood real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Ridgewood. The median home price for Ridgewood homes is $724,400, which is 129% higher than the New Jersey average. If we take a closer look at the affordability of homes in Ridgewood, we’ll see that the home price to income ratio is 5, which is 16.3% higher than the New Jersey average. Real estate appreciation rates in Ridgewood are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Ridgewood homes comes in at -0.7%, and the 5 year appreciation rates were 2.7%.