What is the median household income in Park Ridge Borough, NJ?

The median household income in Park Ridge Borough, NJ is $171,029 (±$21,993) a year (2020–2024 American Community Survey).

Paying the median gross rent of $2,257 a month would take about $90,300 a year at the common guideline of spending no more than 30% of income on rent.

In Park Ridge Borough, the median household income went from $137,903 in 2015–2019 to $171,029 in 2020–2024 (+24.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median household income
$171,029 (±$21,993)
Median renter income
$75,651 (±$38,280)
Income to afford median rent
about $90,300

Income in Park Ridge Borough against Bergen County, its state and the nation

Income, estimate (90% margin of error)
Park Ridge BoroughBergen CountyNew JerseyUnited States
Median household income$171,029 (±$21,993)$124,884 (±$1,735)$103,556 (±$513)$80,734
Median renter household income$75,651 (±$38,280)$74,953 (±$1,923)$62,674 (±$718)$52,966
Median owner household income$200,717 (±$25,762)$160,914 (±$2,251)$133,477 (±$624)$100,009
Median gross rent$2,257 (±$482)$1,914 (±$21)$1,720 (±$7)$1,413

In Park Ridge Borough, median household income is higher than in Bergen County ($124,884).

It is also higher than in New Jersey ($103,556).

It is higher than the national figure ($80,734).

In Bergen County, Park Ridge Borough ranks 24 of 69 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 82 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Park Ridge Borough

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $2,257 a month ($27,084 a year) needs an income of about $90,300 a year.

The median renting household in Park Ridge Borough earns $75,651 a year, less than that.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$137,903 (±$11,626)$171,029 (±$21,993)+24.0%No measurable change after inflation
Median gross rent$1,474 (±$134)$2,257 (±$482)+53.1%No measurable change after inflation
Median home value$588,900 (±$21,045)$706,200 (±$34,343)+19.9%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median household income in places near Park Ridge Borough

Nearest places with a published estimate, compared with Park Ridge Borough
PlaceDistanceMedian household incomeCompared with this place
Park Ridge Borough—$171,029 (±$21,993)—
Woodcliff Lake Borough1.1 mi$213,981 (±$52,635)Not measurably different
Montvale Borough1.3 mi$178,269 (±$20,952)Not measurably different
Hillsdale Borough2.0 mi$186,688 (±$22,020)Not measurably different
River Vale Township2.5 mi$213,666 (±$13,736)Higher
Pearl River2.6 mi$145,063 (±$14,866)Not measurably different
Saddle River Borough2.7 mi$212,143 (±$97,827)Not measurably different
Old Tappan Borough3.3 mi$205,385 (±$33,897)Not measurably different
Westwood Borough3.3 mi$165,781 (±$25,680)Not measurably different

Nearby places with a measurably higher figure: River Vale Township, NJ ($213,666).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Bergen County, place by place

RankPlaceMedian household income
18Hillsdale Borough$186,688 (±$22,020)
19Harrington Park Borough$180,500 (±$28,528)
20Washington Township (Bergen County)$180,133 (±$19,564)
21Norwood Borough$178,311 (±$20,365)
22Montvale Borough$178,269 (±$20,952)
23Waldwick Borough$177,962 (±$23,550)
24Park Ridge Borough$171,029 (±$21,993)
25Cresskill Borough$170,376 (±$7,724)
26Westwood Borough$165,781 (±$25,680)
27Oakland Borough$162,019 (±$15,337)
28Ramsey Borough$160,996 (±$22,685)
29Allendale Borough$160,162 (±$32,952)
30River Edge Borough$159,028 (±$20,738)

Showing 13 of 69 places in Bergen County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Park Ridge Borough

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Questions about Park Ridge Borough

What is the median household income in Park Ridge Borough?

The median household income in Park Ridge Borough is $171,029 (±$21,993) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Park Ridge Borough?

About $90,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,257 a month.

Have incomes in Park Ridge Borough kept up with inflation?

In Park Ridge Borough, the median household income went from $137,903 in 2015–2019 to $171,029 in 2020–2024 (+24.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

What do renters earn in Park Ridge Borough?

The median renting household in Park Ridge Borough, NJ earns $75,651 (±$38,280) a year.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Park Ridge borough, Bergen County, New Jersey (county subdivision:56130, in state:34 county:003).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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