Ridge, NY Economy


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Ridge, NY is a small town in the United States that offers its residents an affordable and comfortable lifestyle. With two bedroom rent at $2,090, it is slightly higher than the US average of $1,430. The grocery cost index is also higher in Ridge at 104 compared to the US average of 100. Despite the slightly higher costs for living, there are plenty of local amenities available including restaurants, shops, banks and other services. Popular local companies include Joe's Grocery Store, Ridge Bakery & Cafe, David's Hardware Store, and The Ridge Theater. There are also helpful community organizations such as The Ridge Library and The Good Neighbor Initiative which provide assistance to those in need.

Ridge has an unemployment rate of 6.1%. The US average is 6.0%.

Ridge has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Ridge
- The Sales Tax Rate for Ridge is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Ridge is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ridge
- The average income of a Ridge resident is $35,124 a year. The US average is $28,555 a year.
- The Median household income of a Ridge resident is $74,120 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRidge, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $45,407$37,638
  $74,120$69,021
  $103,903$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  11.0%6.8%
  6.6%10.0%
  2.0%2.5%
  8.4%11.0%
  6.1%4.8%
  0.2%0.8%
  1.3%1.9%
  2.4%4.7%
  0.9%1.9%
  10.6%7.6%
  0.0%0.1%
  3.9%4.2%
  17.1%9.3%
  11.5%14.0%
  3.1%2.1%
  5.1%7.0%
  5.5%4.8%
  4.3%4.7%
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