2024 Compare Cities Economy:
Ringwood, NJ vs Troy, MI

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Highlights
- Household income in Troy, is 18% less than it is in Ringwood and is 36% above the National Average.
- Ringwood unemployment rate is 10.0%.
- Troy unemployment rate is 2.9%.
 Ringwood, NJTroy, MIUnited States
 Unemployment Rate10.0%2.9%6.0%
 Recent Job Growth-0.5%0.3%1.6%
 Future Job Growth21.7%39.6%33.5%
 Sales Taxes6.6%6.0%6.2%
 Income Taxes5.5%4.3%4.6%
 Income per Cap.$56,297$51,031$37,638
 Household Income$130,833$107,550$69,021
 Family Median Income$156,361$131,044$85,028
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 Est. Households By Income
 Ringwood, NJTroy, MIUnited States
 Income Less Than 15K1.6%6.1%9.4%
 Income between 15K and 20K0.0%1.3%3.8%
 Income between 20K and 30K1.2%4.6%8.1%
 Income between 30K and 40K5.8%4.2%8.0%
 Income between 40K and 50K4.2%3.9%7.6%
 Income between 50K and 60K4.2%5.0%7.2%
 Income between 60K and 75K6.1%7.2%9.6%
 Income between 75K and 100K11.5%13.6%12.8%
 Income between 100K and 150K21.1%21.7%16.3%
 Income between 150K and 200K17.9%12.8%7.8%
 Income greater than 200K26.4%19.4%9.5%
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 Population By Occupation
 Ringwood, NJTroy, MIUnited States
 Management, business, finance19.2%23.2%16.4%
 Engineering, computers, science5.9%20.2%6.5%
 Community, social services2.7%1.0%1.8%
 Legal1.1%1.2%1.2%
 Education, library6.7%5.8%6.2%
 Arts, design, media, sports, entertainment2.9%1.9%2.0%
 Healthcare practitioners and technology9.3%9.2%6.2%
 Healthcare support1.8%1.6%3.3%
 Firefighters, law enforcement6.2%0.7%2.1%
 Food preparation, serving2.0%2.8%5.4%
 Building maintenance1.4%2.3%3.6%
 Personal care1.5%2.5%2.6%
 Sales, office, administrative support24.9%18.2%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair7.5%3.5%8.1%
 Production, transportation, material moving6.9%5.8%13.1%
Reviews for Ringwood    1 Reviews

Over 18 years ago

Housing costs as compared to other areas within Bergen-Passaic counties is less. However due to lack of ratables, property taxes are extremely  More

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Reviews for Troy    9 Reviews

Over 3 years ago

, corruption is like  More

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Over 5 years ago

no one ever visited Troy, that writes this stuff,, Troy has a Black out, of any city corruption, most of the elected city are from the same zip code. and the heavy  More

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Over 7 years ago

This is the safest place to live in Michigan. The schools are ranked in the top of both the state and in the US. When our kids graduated 98% of the graduates went on  More

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