Ridgewood, NJ — Cost of Living & Relocation Guide
Population: 26,168
📍 Some data sourced from nearby metro area
About Ridgewood, NJ
Welcome to our comprehensive guide to Ridgewood, NJ. With a population of 26,168, Ridgewood features a cost of living index of 166.2 (66.2% above the national average of 100). The local economy supports a median household income of $211,224 (182% above the national average), while the real estate market offers homes at a median price of $1,949,000.
Explore our detailed crime and safety data (65% below the national average), school ratings, tax information, and climate data below. Compare Ridgewood with Newark or other cities.
📅 Data last updated: February 2026 | Sources: U.S. Census Bureau ACS, FBI UCR, BLS
Ridgewood, NJ Quick Facts & Key Statistics
💡City Insights
Ridgewood scores 4/10 for affordability, 9/10 for safety, and 6/10 for family-friendliness — an good overall profile. Its strongest aspect is safety, making it particularly suitable for those prioritizing security. However, affordability is a weaker area that prospective residents should consider carefully.
Living in Ridgewood, NJ
Ridgewood, New Jersey, is a charming suburban community located in Bergen County, just 20 miles northwest of Manhattan. Known for its picturesque tree-lined streets and vibrant downtown area, Ridgewood offers a blend of small-town charm and modern amenities. The town features a variety of shops, boutiques, restaurants, and cafes, making it a popular destination for both residents and visitors. Ridgewood is also renowned for its excellent school system, which consistently ranks among the top in the state, making it a desirable location for families. The local parks and recreational facilities provide ample opportunities for outdoor activities, and the Glen Rock Pool and Graydon Pool are popular summer hangouts. Transportation is convenient, with a direct NJ Transit train line to Hoboken and Manhattan, catering to commuters. Cultural and community events throughout the year foster a strong sense of belonging among residents. With its rich history and active community life, Ridgewood embodies the quintessential suburban lifestyle while remaining close to the vibrant energy of New York City.
How Ridgewood Compares
Black line indicates US average
💵 Affordability Calculator
Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $211,224.
Income Needed to Buy
Income Needed to Rent
Pros & Cons of Moving to Ridgewood, NJ
Pros
- • Family-friendly events
- • Great schools available
- • Rich cultural activities
- • Vibrant nightlife
- • Diverse community
- • Good public transport access
- • Friendly neighborhoods
- • Abundant parks nearby
- • Low crime rate
- • Strong job market
Cons
- • Limited shopping variety
- • Traffic congestion issues
- • Limited nightlife options
- • High property taxes
- • Political polarization present
- • Long commutes to NYC
- • Fewer kids activities
- • Racial diversity challenges
- • High cost of living
- • Lack of affordable housing
Frequently Asked Questions
What is the cost of living in Ridgewood, NJ? ▼
The cost of living in Ridgewood, NJ is 66% higher than the national average, with a cost of living index of 166 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Ridgewood, NJ? ▼
In Ridgewood, NJ, The median home price is $1,949,000. requiring approximately $460,500 annual income to afford. Average rent is $3,288/month (requiring ~$131,505/year income). The local median household income is $211,224, making homeownership challenging for typical residents. Explore Ridgewood real estate data →
Is Ridgewood, NJ a safe place to live? ▼
Ridgewood, NJ is average in terms of safety, with crime rates near the national average. The crime rate is 8.0 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Ridgewood crime statistics →
What salary do you need to live comfortably in Ridgewood, NJ? ▼
To live comfortably in Ridgewood, NJ and afford a median-priced home of $1,949,000, you would typically need a household income of $487,250 to $609,062 per year. The local median household income is $211,224. Renting requires approximately $131,505/year (at $3,288/month). See full affordability analysis →
What are the job opportunities like in Ridgewood, NJ? ▼
Ridgewood, NJ has an unemployment rate of 3.9%, which is above the national average of 3.7%. The median household income is $211,224, suggesting strong local economic conditions. View Ridgewood employment & demographics →
Is Ridgewood, NJ growing? ▼
Ridgewood, NJ has a population of 26,168. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The higher cost housing market and strong job market shape migration patterns. See Ridgewood population demographics →
What are the best neighborhoods in Ridgewood, NJ? ▼
The best neighborhoods in Ridgewood, NJ depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options. Explore Ridgewood on our interactive map →
What is the commute like in Ridgewood, NJ? ▼
Commute times in Ridgewood, NJ vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The moderate cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in Ridgewood, NJ? ▼
Tax rates in Ridgewood, NJ include state and local components. The cost of living index of 166 indicates a higher cost environment compared to the national average. View detailed Ridgewood tax information →
How does Ridgewood, NJ compare to Newark? ▼
Ridgewood, NJ offers comparable costs to nearby communities. With a cost of living index of 166, median home prices of $1,949,000, and a crime rate of 8.03 per 1,000 residents, you can compare these metrics side-by-side. Compare Ridgewood vs Newark →
What is the weather like in Ridgewood, NJ? ▼
Weather in Ridgewood, NJ varies by season. Climate data varies by season. View detailed Ridgewood climate & environment data →
Explore Ridgewood in Detail
📅 Last Updated: February 2026
Sources: U.S. Census Bureau (ACS), FBI Uniform Crime Reports, Bureau of Labor Statistics