Ridgefield Park, NJ
Population 13,167 · New Jersey
About Ridgefield Park, NJ
Ridgefield Park is a mid-sized city located in New Jersey with a population of 13,167 residents according to the latest US Census Bureau American Community Survey data. The median household income is $98,184 per year, which is 31% above the national median of $75,149. The median age of 38 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ridgefield Park features a median home value of $459,400, which is 88% above the national median of $244,900. This places Ridgefield Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,633, 40% above the national average of $1,163/month. Of the 5,389 total housing units, 57% are owner-occupied (2,930 units) and 43% are renter-occupied (2,183 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ridgefield Park shows an unemployment rate of 10.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.0%, above the national average of 12.4%. Workers in Ridgefield Park have an average one-way commute time of 27.1 minutes.
Education & Demographics
35.5% of Ridgefield Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.7% White, 2.0% Hispanic or Latino, 4.5% Black or African American, and 40.8% Asian residents, with 38.5% of the population being foreign-born.
Cost of Living in Ridgefield Park, NJ
Compared to national averages, Ridgefield Park has a median household income of $98,184 (31% above the national median of $75,149). Home values average $459,400, which is 88% above the national median. Monthly rent at $1,633 is 40% above the US average of $1,163. Within New Jersey, Ridgefield Park's income is 15% below the state average of $115,667, and home values are 2% below the state median of $469,644.
Why Live in Ridgefield Park, NJ?
Ridgefield Park offers a strong local economy with a median household income of $98,184, well above the national average, and a well-educated community where 35.5% of residents hold a bachelor’s degree or higher.
Potential considerations include a competitive housing market where the typical home costs $459,400. However, Ridgefield Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ridgefield Park has a population of 13,167 with a median age of 38 years. Compare Ridgefield Park with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Ridgefield Park
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Florham Park | 13,134 | $147,714 | $722,700 | Compare |
| Fords | 13,052 | $116,250 | $414,100 | Compare |
| Woodland Park | 13,284 | $85,638 | $475,400 | Compare |
| Franklin Park | 13,327 | $111,508 | $326,800 | Compare |
| Somerville | 12,958 | $103,869 | $403,600 | Compare |
| Holiday City-Berkeley | 12,896 | $47,855 | $237,200 | Compare |
| Red Bank | 12,864 | $101,738 | $477,000 | Compare |
| Eatontown | 13,537 | $90,174 | $454,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ridgefield Park With Other Cities
Frequently Asked Questions about Ridgefield Park
What is the population of Ridgefield Park, NJ?
The population of Ridgefield Park, NJ is 13,167 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New Jersey.
What is the median household income in Ridgefield Park?
The median household income in Ridgefield Park, NJ is $98,184 per year, which is 31% above the national median of $75,149.
What is the median home value in Ridgefield Park?
The median home value in Ridgefield Park, NJ is $459,400, which is 88% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ridgefield Park?
The median monthly rent in Ridgefield Park, NJ is $1,633, which is 40% above the national average of $1,163/month.
What is the unemployment rate in Ridgefield Park?
The unemployment rate in Ridgefield Park, NJ is 10.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ridgefield Park, NJ a good place to live?
Ridgefield Park offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 13,167 and a median age of 38, the city appeals to a broad range of residents.
How educated is Ridgefield Park, NJ?
35.5% of residents in Ridgefield Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Ridgefield Park?
Key cost-of-living indicators for Ridgefield Park, NJ: median home value is $459,400 (88% above national), median rent is $1,633/month, and median household income is $98,184. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Ridgefield Park?
The poverty rate in Ridgefield Park, NJ is 13.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Ridgefield Park, NJ?
Ridgefield Park's population is 0.7% White, 2.0% Hispanic or Latino, 4.5% Black or African American, 40.8% Asian, and 6.5% two or more races. 38.5% of residents are foreign-born.