What percentage of people rent in Ridgewood Village, NJ?
17.5% (±3.0 points) of the occupied homes in Ridgewood Village, NJ are rented (2020–2024 American Community Survey).
That is 1,556 renting households against 7,347 that own their home.
In Ridgewood Village, the share of households that rent went from 21.9% in 2015–2019 to 17.5% in 2020–2024 (−4.4 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 17.5% (±3.0 points)
- Renting households
- 1,556 (±245)
- Median renter income
- $110,000 (±$39,421)
Who rents and who owns in Ridgewood Village
| Ridgewood Village | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 17.5% (±3.0 points) | 34.7% (±0.7 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 1,556 (±245) | 123,102 (±2,634) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 7,347 (±495) | 232,025 (±2,535) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.6 (±0.4) | 2.3 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.2) | 2.9 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $110,000 (±$39,421) | $74,953 (±$1,923) | $62,674 (±$718) | $52,966 |
| Median owner household income | $230,139 (±$19,633) | $160,914 (±$2,251) | $133,477 (±$624) | $100,009 |
In Ridgewood Village, the renter share is lower than in Bergen County (34.7%).
It is also lower than in New Jersey (36.2%).
It is lower than the national figure (34.8%).
In Bergen County, Ridgewood Village ranks 49 of 70 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 337 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Ridgewood Village has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 21.9% (±2.7 points) | 17.5% (±3.0 points) | −4.4 percentage points | Measurable decrease |
| Median gross rent | $2,026 (±$176) | $2,499 (±$347) | +23.3% | No measurable change after inflation |
| Median household income | $184,355 (±$16,399) | $208,211 (±$17,735) | +12.9% | 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 Ridgewood Village
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Ridgewood Village | — | 17.5% (±3.0 points) | — |
| Ho-Ho-Kus Borough | 1.5 mi | 7.5% (±4.7 points) | Lower |
| Glen Rock Borough | 1.6 mi | 9.8% (±4.8 points) | Lower |
| Midland Park Borough | 1.7 mi | 27.4% (±8.1 points) | Higher |
| Waldwick Borough | 2.3 mi | 12.1% (±3.7 points) | Lower |
| Washington Township (Bergen County) | 2.6 mi | 3.0% (±1.9 points) | Lower |
| Hawthorne Borough | 2.9 mi | 30.9% (±4.0 points) | Higher |
| Saddle River Borough | 3.1 mi | 15.9% (±8.6 points) | Not measurably different |
| Wyckoff Township | 3.1 mi | 7.3% (±2.1 points) | Lower |
Nearby places with a measurably lower figure: Ho-Ho-Kus Borough, NJ (7.5%), Glen Rock Borough, NJ (9.8%), Waldwick Borough, NJ (12.1%).
Nearby places with a measurably higher figure: Midland Park Borough, NJ (27.4%), Hawthorne Borough, NJ (30.9%).
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 |
|---|---|---|
| 42 (tie) | Ramsey Borough | 20.8% (±3.8 points) |
| 44 | Montvale Borough | 20.0% (±6.4 points) |
| 45 | Park Ridge Borough | 19.0% (±5.1 points) |
| 46 | Mahwah Township | 18.9% (±2.9 points) |
| 47 | Allendale Borough | 18.6% (±7.9 points) |
| 48 | Closter Borough | 18.5% (±4.9 points) |
| 49 | Ridgewood Village | 17.5% (±3.0 points) |
| 50 | Paramus Borough | 17.4% (±3.5 points) |
| 51 | Englewood Cliffs Borough | 16.5% (±5.8 points) |
| 52 | Saddle River Borough | 15.9% (±8.6 points) |
| 53 | Woodcliff Lake Borough | 13.7% (±5.7 points) |
| 54 | Waldwick Borough | 12.1% (±3.7 points) |
| 55 | Franklin Lakes Borough | 11.1% (±2.9 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 Ridgewood Village
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Questions about Ridgewood Village
How many renters are there in Ridgewood Village?
Ridgewood Village has an estimated 1,556 (±245) renting households, 17.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Ridgewood Village?
In Ridgewood Village, the share of households that rent went from 21.9% in 2015–2019 to 17.5% in 2020–2024 (−4.4 percentage points), a measurable decrease.
How big are renting households in Ridgewood Village?
A renting household in Ridgewood Village has 2.6 people on average, against 3.0 in an owned home.
How much do renters earn in Ridgewood Village?
The median renting household in Ridgewood Village, NJ has an income of $110,000 (±$39,421) a year, against $230,139 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ridgewood village, Bergen County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ridgewood village, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Ridgewood village, Bergen County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ridgewood village, Bergen County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ridgewood 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 Ridgewood village, Bergen County, New Jersey (county subdivision:63000, 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 Ridgewood Village
- Rent by bedrooms in Ridgewood Village
- Rent burden in Ridgewood Village
- Income and affordability in Ridgewood Village
- Home values in Ridgewood Village
- Homeowner costs in Ridgewood Village
- Property taxes in Ridgewood Village
- Types of homes in Ridgewood Village
- Bedrooms in Ridgewood Village
- Age of homes in Ridgewood Village
- Vacancy rate in Ridgewood Village
- Heating fuel in Ridgewood Village
- Commute and cars in Ridgewood Village
- Crime reported to police in Ridgewood Village
- Population growth in Ridgewood Village
- How long people stay in Ridgewood Village
- Crowding and facilities in Ridgewood Village
- Fair Market Rent in Ridgewood 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