Wood-Ridge 81 Exceptional
Wood-Ridge Livability #47 ranked city in New Jersey#1,131 ranked city in the USARanks better than 96% of areas

Pros and Cons of Living in Wood-Ridge

PROS
  • Commute

    The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.

  • Crime

    This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.

  • Employment

    With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

  • Schools

    The high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.

CONS
  • Amenities

    The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.

  • Cost Of Living

    This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.

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What's it like Living in Wood-Ridge?

Wood-Ridge, New Jersey is a small-sized city with a population of 9,016 residents. In Wood-Ridge, there are 8,097 people per square mile, which is well above the national population density average. If we look at the most recent Census, Wood-Ridge is known to have a predominantly White population. The next two most common races are Asian and Black. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Wood-Ridge entails a longer-than-average one-way commute time, averaging 33 minutes.

Without the right tools, moving to any new area can be very stressful and challenging. Living in Wood-Ridge, New Jersey could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, crime, commute, education, housing and other key data points, finding the best places to live in Wood-Ridge and in the areas around Wood-Ridge is a much easier task.

Wood-Ridge, NJ receives 82/100 for its livability score; this results in a ranking of #32 in New Jersey and #768 in the USA. Compared to the national average, Wood-Ridge ranks among some of the best places to live in the country! Wood-Ridge also ranks in the top 10 percent of all cities, which is no small feat! For each of the livability categories, we know that Wood-Ridge ranks very well for crime (A+), education (A+) and housing (A+). On a less positive note, Wood-Ridge does not have favorable grades for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Wood-Ridge excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Wood-Ridge is actually affordable. The median home price for Wood-Ridge homes is $443,600, which is 40.2% higher than the New Jersey average. If we take a closer look at the affordability of homes in Wood-Ridge, we’ll see that the home price to income ratio is 3.7, which is 14% lower than the New Jersey average.

Best Places to Live in and Around Wood-Ridge

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Compare Wood-Ridge, NJ Livability

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      Wood-Ridge transportation information

      Statistic Wood-Ridge New Jersey National
      Average one way commute33min31min26min
      Workers who drive to work66.7%71.7%76.4%
      Workers who carpool6.6%8.1%9.3%
      Workers who take public transit14.8%11.2%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk2.3%3.0%2.8%
      Working from home6.8%4.1%4.6%
      Source: The Wood-Ridge, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).