What percentage of people rent in Ridgefield Park Village, NJ?
39.9% (±5.1 points) of the occupied homes in Ridgefield Park Village, NJ are rented (2020–2024 American Community Survey).
That is 2,036 renting households against 3,072 that own their home.
In Ridgefield Park Village, the share of households that rent went from 45.3% in 2015–2019 to 39.9% in 2020–2024 (−5.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 39.9% (±5.1 points)
- Renting households
- 2,036 (±258)
- Median renter income
- $68,761 (±$11,656)
Who rents and who owns in Ridgefield Park Village
| Ridgefield Park Village | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 39.9% (±5.1 points) | 34.7% (±0.7 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 2,036 (±258) | 123,102 (±2,634) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 3,072 (±362) | 232,025 (±2,535) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.5 (±0.3) | 2.3 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.9 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $68,761 (±$11,656) | $74,953 (±$1,923) | $62,674 (±$718) | $52,966 |
| Median owner household income | $120,185 (±$16,444) | $160,914 (±$2,251) | $133,477 (±$624) | $100,009 |
In Ridgefield Park Village, the renter share is higher than in Bergen County (34.7%).
It is not measurably different from New Jersey (36.2%).
It is not measurably different from the national figure (34.8%).
In Bergen County, Ridgefield Park Village ranks 19 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 126 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Ridgefield Park Village has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 45.3% (±3.8 points) | 39.9% (±5.1 points) | −5.4 percentage points | Not a measurable change |
| Median gross rent | $1,368 (±$73) | $1,731 (±$153) | +26.5% | No measurable change after inflation |
| Median household income | $86,923 (±$10,930) | $100,718 (±$10,842) | +15.9% | 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.
Households that rent in places near Ridgefield Park Village
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Ridgefield Park Village | — | 39.9% (±5.1 points) | — |
| Little Ferry Borough | 1.1 mi | 54.3% (±6.7 points) | Higher |
| Palisades Park Borough | 1.3 mi | 64.5% (±4.2 points) | Higher |
| Bogota Borough | 1.4 mi | 32.6% (±7.1 points) | Not measurably different |
| Ridgefield Borough | 1.6 mi | 48.6% (±6.3 points) | Higher |
| South Hackensack Township | 1.6 mi | 49.7% (±10.4 points) | Not measurably different |
| Leonia Borough | 1.8 mi | 30.1% (±4.6 points) | Lower |
| Teterboro Borough | 2.1 mi | 100.0% (±55.9 points) | Higher |
| Moonachie Borough | 2.2 mi | 22.8% (±9.7 points) | Lower |
Nearby places with a measurably lower figure: Leonia Borough, NJ (30.1%), Moonachie Borough, NJ (22.8%).
Nearby places with a measurably higher figure: Little Ferry Borough, NJ (54.3%), Palisades Park Borough, NJ (64.5%), Ridgefield Borough, NJ (48.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Bergen County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 13 (tie) | Cliffside Park Borough | 48.6% (±4.7 points) |
| 13 (tie) | Ridgefield Borough | 48.6% (±6.3 points) |
| 15 | Englewood | 45.5% (±4.2 points) |
| 16 | Fort Lee Borough | 44.6% (±2.8 points) |
| 17 | Elmwood Park Borough | 42.5% (±4.9 points) |
| 18 | Lyndhurst Township | 40.4% (±4.8 points) |
| 19 | Ridgefield Park Village | 39.9% (±5.1 points) |
| 20 | New Milford Borough | 38.6% (±4.0 points) |
| 21 | Carlstadt Borough | 37.3% (±10.6 points) |
| 22 | Westwood Borough | 37.1% (±6.2 points) |
| 23 | Rutherford Borough | 35.7% (±4.2 points) |
| 24 | Wood-Ridge Borough | 33.0% (±6.1 points) |
| 25 | Bogota Borough | 32.6% (±7.1 points) |
Showing 13 of 70 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 Ridgefield Park Village
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Questions about Ridgefield Park Village
How many renters are there in Ridgefield Park Village?
Ridgefield Park Village has an estimated 2,036 (±258) renting households, 39.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Ridgefield Park Village?
In Ridgefield Park Village, the share of households that rent went from 45.3% in 2015–2019 to 39.9% in 2020–2024 (−5.4 percentage points), not a measurable change.
How big are renting households in Ridgefield Park Village?
A renting household in Ridgefield Park Village has 2.5 people on average, against 2.7 in an owned home.
How much do renters earn in Ridgefield Park Village?
The median renting household in Ridgefield Park Village, NJ has an income of $68,761 (±$11,656) a year, against $120,185 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ridgefield Park village, Bergen County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ridgefield Park village, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Ridgefield Park village, Bergen County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ridgefield Park village, Bergen County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ridgefield Park village, Bergen County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Ridgefield Park village, Bergen County, New Jersey (county subdivision:62940, 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
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- Median rent in Ridgefield Park Village
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- Homeowner costs in Ridgefield Park Village
- Property taxes in Ridgefield Park Village
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- Population growth in Ridgefield Park Village
- How long people stay in Ridgefield Park Village
- Crowding and facilities in Ridgefield Park Village
- Fair Market Rent in Ridgefield Park Village
- Local landlord and tenant rules in Ridgefield Park Village
- New Jersey landlord and tenant rules
- Housing across Bergen County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey