Silver Ridge, NJ
Population 1,176 · New Jersey
About Silver Ridge, NJ
Silver Ridge is a small town located in New Jersey with a population of 1,176 residents according to the latest US Census Bureau American Community Survey data. The median household income is $35,056 per year, which is 53% below the national median of $75,149. The median age of 74.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Silver Ridge features a median home value of $213,100, which is 13% below the national median of $244,900. This positions Silver Ridge in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 848 total housing units, 95% are owner-occupied (791 units) and 5% are renter-occupied (41 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Silver Ridge shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 13.0%, above the national average of 12.4%. Workers in Silver Ridge have an average one-way commute time of 34.6 minutes.
Education & Demographics
11.2% of Silver Ridge residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 1.4% Black or African American, and 0.0% Asian residents, with 12.0% of the population being foreign-born.
Cost of Living in Silver Ridge, NJ
Compared to national averages, Silver Ridge has a median household income of $35,056 (53% below the national median of $75,149). Home values average $213,100, which is 13% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Silver Ridge's income is 70% below the state average of $115,667, and home values are 55% below the state median of $469,644.
Why Live in Silver Ridge, NJ?
Silver Ridge offers affordable housing with a median home value of $213,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($35,056) that falls below the national average. However, Silver Ridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Silver Ridge has a population of 1,176 with a median age of 74.1 years. Compare Silver Ridge with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Silver Ridge
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Deans | 1,166 | $225,750 | $712,700 | Compare |
| Elmer | 1,152 | $92,757 | $206,300 | Compare |
| Bay Head | 1,201 | $145,417 | $1,679,000 | Compare |
| Auburn | 1,209 | $201,648 | $440,300 | Compare |
| Port Morris | 1,141 | $65,070 | $391,400 | Compare |
| Oxford | 1,140 | $77,188 | $175,000 | Compare |
| Hampton | 1,127 | $77,222 | $298,000 | Compare |
| Mount Tabor | 1,127 | $113,594 | $415,600 | 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 Silver Ridge With Other Cities
Frequently Asked Questions about Silver Ridge
What is the population of Silver Ridge, NJ?
The population of Silver Ridge, NJ is 1,176 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in Silver Ridge?
The median household income in Silver Ridge, NJ is $35,056 per year, which is 53% below the national median of $75,149.
What is the median home value in Silver Ridge?
The median home value in Silver Ridge, NJ is $213,100, which is 13% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Silver Ridge?
The median monthly rent in Silver Ridge, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Silver Ridge?
The unemployment rate in Silver Ridge, NJ is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Silver Ridge, NJ a good place to live?
Silver Ridge offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,176 and a median age of 74.1, the city appeals to established professionals and retirees.
How educated is Silver Ridge, NJ?
11.2% of residents in Silver Ridge aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Silver Ridge?
Key cost-of-living indicators for Silver Ridge, NJ: median home value is $213,100 (13% below national), median rent is $0/month, and median household income is $35,056. The home-value-to-income ratio is 6.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Silver Ridge?
The poverty rate in Silver Ridge, 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 Silver Ridge, NJ?
Silver Ridge's population is 0.0% White, 0.0% Hispanic or Latino, 1.4% Black or African American, 0.0% Asian, and 0.0% two or more races. 12.0% of residents are foreign-born.