2025 Compare Cities Economy:
Ridgewood, NJ vs Madison, NJ

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Highlights
- Household income in Madison, is 22% less than it is in Ridgewood and is 55% above the National Average.
- Ridgewood unemployment rate is 5.5%.
- Madison unemployment rate is 6.2%.
 Ridgewood, NJMadison, NJUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth25.9%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$88,443  Unlock$37,638
 Household Income  Unlock$152,346$69,021
 Family Median Income$227,254  Unlock$85,028
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 Est. Households By Income
 Ridgewood, NJMadison, NJUnited States
 Income Less Than 15K  Unlock4.3%9.4%
 Income between 15K and 20K0.6%  Unlock3.8%
 Income between 20K and 30K  Unlock2.8%8.1%
 Income between 30K and 40K3.1%  Unlock8.0%
 Income between 40K and 50K  Unlock4.3%7.6%
 Income between 50K and 60K2.4%  Unlock7.2%
 Income between 60K and 75K  Unlock6.1%9.6%
 Income between 75K and 100K5.3%  Unlock12.8%
 Income between 100K and 150K  Unlock15.7%16.3%
 Income between 150K and 200K15.5%  Unlock7.8%
 Income greater than 200K  Unlock36.5%9.5%
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 Population By Occupation
 Ridgewood, NJMadison, NJUnited States
 Management, business, finance35.5%  Unlock16.4%
 Engineering, computers, science  Unlock9.1%6.5%
 Community, social services2.2%  Unlock1.8%
 Legal  Unlock3.1%1.2%
 Education, library9.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.5%2.0%
 Healthcare practitioners and technology6.1%  Unlock6.2%
 Healthcare support  Unlock0.2%3.3%
 Firefighters, law enforcement2.3%  Unlock2.1%
 Food preparation, serving  Unlock1.8%5.4%
 Building maintenance0.3%  Unlock3.6%
 Personal care  Unlock3.5%2.6%
 Sales, office, administrative support16.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair1.0%  Unlock8.1%
 Production, transportation, material moving  Unlock6.7%13.1%
Reviews for Ridgewood    6 Reviews

Over 16 years ago

Great place to live and  More

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Over 16 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 18 years ago

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

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Reviews for Madison    3 Reviews

I grew up in Madison, and while I seriously appreciate what growing up in the town had to offer, it was a town that I grew out of pretty fast. Madison is small, with  More

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Over 12 years ago

Madison is  More

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Over 15 years ago

The Borough of Madison is located in Morris County. It is 23 miles by car, west of New York City and sits on the Mid-Town Direct rail line. Madison is well know for its  More

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