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2024 Compare Cities Economy:
Troy, NY vs Ridgewood, NJ

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Highlights
- Household income in Ridgewood, is 286% more than it is in Troy and is 64% above the National Average.
- Troy unemployment rate is 7.2%.
- Ridgewood unemployment rate is 5.5%.

Economy
 Troy, NYRidgewood, NJUnited States
 Unemployment Rate7.2%5.5%6.0%
 Recent Job Growth0.5%-0.5%1.6%
 Future Job Growth24.0%25.9%33.5%
 Sales Taxes8.0%6.6%6.2%
 Income Taxes6.2%5.5%4.6%
 Income per Cap.$29,334$88,443$37,638
 Household Income$50,304$194,256$69,021
 Family Median Income$62,485$227,254$85,028
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 Est. Households By Income
 Troy, NYRidgewood, NJUnited States
 Income Less Than 15K14.7%3.3%9.4%
 Income between 15K and 20K8.5%0.6%3.8%
 Income between 20K and 30K9.7%1.7%8.1%
 Income between 30K and 40K8.9%3.1%8.0%
 Income between 40K and 50K8.0%2.6%7.6%
 Income between 50K and 60K7.7%2.4%7.2%
 Income between 60K and 75K8.4%3.7%9.6%
 Income between 75K and 100K12.7%5.3%12.8%
 Income between 100K and 150K14.0%13.4%16.3%
 Income between 150K and 200K4.4%15.5%7.8%
 Income greater than 200K3.1%48.5%9.5%
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 Population By Occupation
 Troy, NYRidgewood, NJUnited States
 Management, business, finance14.6%35.5%16.4%
 Engineering, computers, science8.5%8.0%6.5%
 Community, social services2.7%2.2%1.8%
 Legal0.6%3.0%1.2%
 Education, library7.9%9.6%6.2%
 Arts, design, media, sports, entertainment2.4%4.9%2.0%
 Healthcare practitioners and technology5.3%6.1%6.2%
 Healthcare support4.1%1.3%3.3%
 Firefighters, law enforcement3.9%2.3%2.1%
 Food preparation, serving5.5%2.4%5.4%
 Building maintenance5.1%0.3%3.6%
 Personal care2.4%2.6%2.6%
 Sales, office, administrative support21.8%16.9%20.9%
 Farming, fishing, forestry0.6%0.0%0.6%
 Construction, extraction, maintenance/repair4.5%1.0%8.1%
 Production, transportation, material moving9.9%3.9%13.1%

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Reviews for Troy    6 Reviews

My great grandparents came from Germany to settle in Troy, NY in 1885. Troy in the early days beyond the corruption of politics was a safe place to live. The  More

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My great grandparents came from Germany to settle in Troy, NY in 1885. Troy in the early days beyond the corruption of politics was a safe place to live. The  More

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I've lived in Troy for 17 years and love it more than ever. I was initially attracted by its handsome industrial-era architecture, walkable downtown and budding arts  More

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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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ZIPS IN TROY, NEW YORK
12180 12182
ZIPS IN RIDGEWOOD, NEW JERSEY
07450

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