Ridgewood, NJ (07450) is a charming town located in Bergen County, with a population of approximately 25,000 people. Its close proximity to New York City makes it an ideal place of residence for commuters and families alike. The median 2 Bedroom rent in Ridgewood is $2,770, which is slightly higher than the US average of $1,430. Additionally, the Grocery Cost Index in Ridgewood is 111 versus 100 in the US. Businesses located within Ridgewood include things such as Maplewood Pharmacy & Medical Supply, The Children's Place, and Main Street Gaits Saddlery. These local companies provide goods and services to residents as well as visitors looking to explore everything that the quaint town has to offer.
Ridgewood (zip 07450) has an unemployment rate of 5.5%. The US average is 6.0%.
Ridgewood (zip 07450) has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Ridgewood (zip 07450)
- The Sales Tax Rate for Ridgewood (zip 07450) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Ridgewood (zip 07450) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ridgewood (zip 07450)
- The average income of a Ridgewood (zip 07450) resident is $88,470 a year. The US average is $37,638 a year.
- The Median household income of a Ridgewood (zip 07450) resident is $194,198 a year. The US average is $69,021 a year.