Ringwood is a somewhat small borough located in the state of New Jersey. With a population of 11,489 people and two associated neighborhoods, Ringwood is the 165th largest community in New Jersey.
Housing costs in Ringwood are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Also of interest is that Ringwood has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.01% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Ringwood is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Ringwood’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Ringwood is that it can take a long time to commute to work. In Ringwood, the average commute to work is 33.50 minutes, which is quite a bit higher than the national average.
Ringwood is one of the most well-educated cities in the nation. 48.54% of adults in Ringwood have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Ringwood in 2022 was $62,750, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $251,000 for a family of four.
Ringwood is a somewhat ethnically-diverse borough. The people who call Ringwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Ringwood residents report their race to be White, followed by Asian. Ringwood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.63% of the borough’s residents. Important ancestries of people in Ringwood include Irish, Italian, German, English, and Polish.
The most common language spoken in Ringwood is English. Other important languages spoken here include Spanish and Polish.