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2024 Compare Cities Economy:
Ringwood, NJ vs Budd Lake, NJ

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Highlights
- Household income in Budd Lake, is 25% less than it is in Ringwood and is 29% above the National Average.
- Ringwood unemployment rate is 10.0%.
- Budd Lake unemployment rate is 6.2%.

Economy
 Ringwood, NJBudd Lake, NJUnited States
 Unemployment Rate10.0%6.2%6.0%
 Recent Job Growth-0.5%-0.7%1.6%
 Future Job Growth21.7%23.5%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$56,297$50,165$37,638
 Household Income$130,833$97,728$69,021
 Family Median Income$156,361$107,477$85,028
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 Est. Households By Income
 Ringwood, NJBudd Lake, NJUnited States
 Income Less Than 15K1.6%2.8%9.4%
 Income between 15K and 20K0.0%0.8%3.8%
 Income between 20K and 30K1.2%6.1%8.1%
 Income between 30K and 40K5.8%3.5%8.0%
 Income between 40K and 50K4.2%2.4%7.6%
 Income between 50K and 60K4.2%4.3%7.2%
 Income between 60K and 75K6.1%16.6%9.6%
 Income between 75K and 100K11.5%16.2%12.8%
 Income between 100K and 150K21.1%18.1%16.3%
 Income between 150K and 200K17.9%9.9%7.8%
 Income greater than 200K26.4%19.3%9.5%
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 Population By Occupation
 Ringwood, NJBudd Lake, NJUnited States
 Management, business, finance19.2%22.9%16.4%
 Engineering, computers, science5.9%7.0%6.5%
 Community, social services2.7%1.5%1.8%
 Legal1.1%1.2%1.2%
 Education, library6.7%12.2%6.2%
 Arts, design, media, sports, entertainment2.9%2.6%2.0%
 Healthcare practitioners and technology9.3%3.9%6.2%
 Healthcare support1.8%2.3%3.3%
 Firefighters, law enforcement6.2%2.4%2.1%
 Food preparation, serving2.0%3.4%5.4%
 Building maintenance1.4%2.3%3.6%
 Personal care1.5%1.1%2.6%
 Sales, office, administrative support24.9%17.2%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair7.5%7.9%8.1%
 Production, transportation, material moving6.9%12.1%13.1%

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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 Budd Lake    0 Reviews

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ZIPS IN RINGWOOD, NEW JERSEY
07456
ZIPS IN BUDD LAKE, NEW JERSEY
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