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2024 Compare Cities Economy:
Ridgewood, NJ vs Paterson, NJ

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Highlights
- Household income in Paterson, is 75% less than it is in Ridgewood and is 42% below the National Average.
- Ridgewood unemployment rate is 5.5%.
- Paterson unemployment rate is 14.8%.

Economy
 Ridgewood, NJPaterson, NJUnited States
 Unemployment Rate5.5%14.8%6.0%
 Recent Job Growth-0.5%-0.5%1.6%
 Future Job Growth25.9%17.9%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$88,443$21,064$37,638
 Household Income$194,256$48,540$69,021
 Family Median Income$227,254$53,159$85,028
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 Est. Households By Income
 Ridgewood, NJPaterson, NJUnited States
 Income Less Than 15K3.3%16.9%9.4%
 Income between 15K and 20K0.6%6.2%3.8%
 Income between 20K and 30K1.7%9.5%8.1%
 Income between 30K and 40K3.1%9.9%8.0%
 Income between 40K and 50K2.6%8.6%7.6%
 Income between 50K and 60K2.4%7.4%7.2%
 Income between 60K and 75K3.7%9.8%9.6%
 Income between 75K and 100K5.3%12.3%12.8%
 Income between 100K and 150K13.4%11.8%16.3%
 Income between 150K and 200K15.5%4.6%7.8%
 Income greater than 200K48.5%3.1%9.5%
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 Population By Occupation
 Ridgewood, NJPaterson, NJUnited States
 Management, business, finance35.5%7.2%16.4%
 Engineering, computers, science8.0%2.4%6.5%
 Community, social services2.2%1.5%1.8%
 Legal3.0%0.3%1.2%
 Education, library9.6%3.0%6.2%
 Arts, design, media, sports, entertainment4.9%0.4%2.0%
 Healthcare practitioners and technology6.1%3.0%6.2%
 Healthcare support1.3%6.4%3.3%
 Firefighters, law enforcement2.3%1.8%2.1%
 Food preparation, serving2.4%4.7%5.4%
 Building maintenance0.3%6.2%3.6%
 Personal care2.6%2.5%2.6%
 Sales, office, administrative support16.9%20.5%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair1.0%8.7%8.1%
 Production, transportation, material moving3.9%31.2%13.1%

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Reviews for Ridgewood    6 Reviews

Over 15 years ago

Great place to live and  More

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Over 15 years ago

Ridgewood, a suburb of NYC, is an ideal bedroom community. This well-established upscale community is located 30 minutes from Manhattan (by car), and is easily  More

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Over 17 years ago

One of the most beautiful places to live outside New York  More

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Reviews for Paterson    1 Reviews

Over 19 years ago

your murder rate for paterson,n j is lower than what the fbi reported .petersburg is higher than what the fbi  More

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ZIPS IN RIDGEWOOD, NEW JERSEY
07450
ZIPS IN PATERSON, NEW JERSEY
07501 07514 07522 07503 07502 07524 07513 07504 07505

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