Wood-Ridge is a somewhat small borough located in the state of New Jersey. With a population of 10,074 people and two associated neighborhoods, Wood-Ridge is the 193rd largest community in New Jersey.
Housing costs in Wood-Ridge are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Also of interest is that Wood-Ridge has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Wood-Ridge is also a borough of artists. Wood-Ridge has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Wood-Ridge’s character.
A relatively large number of people in Wood-Ridge telecommute to their jobs. Overall, about 12.12% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One downside of living in Wood-Ridge, however, is that residents on average have to contend with a long commute, spending on average 31.40 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Even though Wood-Ridge is a smaller borough, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Wood-Ridge. 55.74% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Wood-Ridge in 2022 was $61,861, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $247,444 for a family of four.
Wood-Ridge is an extremely ethnically-diverse borough. The people who call Wood-Ridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wood-Ridge residents report their race to be White, followed by Asian. Wood-Ridge also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 16.63% of the borough’s residents. Important ancestries of people in Wood-Ridge include Italian, Irish, German, Polish, and English.
Foreign born people are also an important part of Wood-Ridge's cultural character, accounting for 25.32% of the borough’s population.
The most common language spoken in Wood-Ridge is English. Other important languages spoken here include Spanish and Korean.