What is the median household income in Silver Ridge, NJ?
The median household income in Silver Ridge, NJ is $32,293 (±$13,658) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,375 a month would take about $55,000 a year at the common guideline of spending no more than 30% of income on rent.
In Silver Ridge, the median household income went from $42,756 in 2015–2019 to $32,293 in 2020–2024 (−24.5%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $32,293 (±$13,658)
- Income to afford median rent
- about $55,000
Income in Silver Ridge against Ocean County, its state and the nation
| Silver Ridge | Ocean County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $32,293 (±$13,658) | $89,863 (±$1,555) | $103,556 (±$513) | $80,734 |
| Median renter household income | — | $58,423 (±$2,802) | $62,674 (±$718) | $52,966 |
| Median owner household income | $32,015 (±$7,912) | $100,587 (±$1,633) | $133,477 (±$624) | $100,009 |
| Median gross rent | $1,375 (±$306) | $1,755 (±$30) | $1,720 (±$7) | $1,413 |
In Silver Ridge, median household income is lower than in Ocean County ($89,863).
It is also lower than in New Jersey ($103,556).
It is lower than the national figure ($80,734).
In Ocean County, Silver Ridge ranks 26 of 27 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 245 of 246.
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 Silver Ridge
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 $1,375 a month ($16,500 a year) needs an income of about $55,000 a year.
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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $42,756 (±$7,883) | $32,293 (±$13,658) | −24.5% | Down after inflation |
| Median gross rent | $1,310 (±$129) | $1,375 (±$306) | +5.0% | No measurable change after inflation |
| Median home value | $146,400 (±$10,409) | $226,500 (±$15,918) | +54.7% | Up 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 Silver Ridge
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Silver Ridge | — | $32,293 (±$13,658) | — |
| Holiday City South | 0.5 mi | $51,660 (±$8,848) | Higher |
| Holiday Heights | 1.9 mi | $58,297 (±$10,688) | Higher |
| South Toms River Borough | 2.2 mi | $103,503 (±$5,710) | Higher |
| Holiday City-Berkeley | 2.3 mi | $50,156 (±$5,385) | Higher |
| Beachwood Borough | 2.9 mi | $106,858 (±$8,795) | Higher |
| Pine Lake Park | 3.0 mi | $91,813 (±$12,782) | Higher |
| Toms River | 3.4 mi | $100,137 (±$4,352) | Higher |
| Pine Beach Borough | 3.9 mi | $142,920 (±$23,918) | Higher |
Nearby places with a measurably higher figure: Holiday City South, NJ ($51,660), Holiday Heights, NJ ($58,297), South Toms River Borough, NJ ($103,503).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Ocean County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 20 | Holiday City South | $51,660 (±$8,848) |
| 21 | Dover Beaches North | $51,364 (±$19,948) |
| 22 | Holiday City-Berkeley | $50,156 (±$5,385) |
| 23 | Leisure Village East | $49,198 (±$4,357) |
| 24 | Leisure Village | $44,542 (±$8,253) |
| 25 | Crestwood Village | $38,091 (±$7,541) |
| 26 | Silver Ridge | $32,293 (±$13,658) |
| 27 | Cedar Glen Lakes | $31,558 (±$3,977) |
Showing 8 of 27 places in Ocean County, ranked from highest to lowest.
Silver Ridge is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Berkeley Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Silver Ridge
What is the median household income in Silver Ridge?
The median household income in Silver Ridge is $32,293 (±$13,658) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Silver Ridge?
About $55,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,375 a month.
Have incomes in Silver Ridge kept up with inflation?
In Silver Ridge, the median household income went from $42,756 in 2015–2019 to $32,293 in 2020–2024 (−24.5%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Silver Ridge CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Silver Ridge CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Ridge CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Silver Ridge CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Silver Ridge CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Silver Ridge CDP, 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 Silver Ridge CDP, New Jersey (place:67665, in state:34).
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.
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 .
Related
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- Population growth in Silver Ridge
- New Jersey landlord and tenant rules
- Housing across Ocean County
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- Housing data for every place in New Jersey