Ledgewood, NJ

Full City Profile · New Jersey · Morris County County

4.5 /5.0
A+ Excellent
5,150 Population 930/sq mi density
$125,000 Median Income $56,203 per capita
$454,100 Home Value $632,480 Zillow
$1,570 Median Rent 45.1% income on rent
51°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
B+
Economy
3.8 / 5.0
$125,000 median income, 17.3% unemployment
A+
Affordability
4.6 / 5.0
$454,100 home value, $1,570/mo rent
A+
Education
5.0 / 5.0
62.5% bachelor's degree or higher

Ledgewood, NJ

At a Glance

Median Income
$125,000
66% above
$56,203 per capita
Home Value
$454,100
61% above
Zillow: $632,480
Median Rent
$1,570/mo
35% above
45.1% of income on rent
Bachelor's Degree+
62.5%
85% above
96.6% high school+
Unemployment
17.3%
381% above
2.6% poverty rate
Obesity Rate
21.9%
32% below
7.3% smoking rate
Avg Temperature
51°F

How Ledgewood Compares to the U.S. Average

Each bar shows Ledgewood's value as a percentage of the national average (100% = U.S. avg)

Income
166%
Home Value
161%
Rent
135%
Poverty
21%
Bachelor's
185%
Unemployment
481%
Thin vertical line = U.S. national average (100%)

Is Ledgewood a Good Place to Live?

A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Ledgewood residents earn a median household income of $125,000 , which is 66% above the national average of $75,149. Per capita income is $56,203. The unemployment rate stands at 17.3% (381% above the U.S. rate of 3.6%). 2.6% of residents live below the poverty line. The area is home to 18,002 business establishments, including 1,349 restaurants.

Housing & Cost of Living

The median home value in Ledgewood is $454,100 , 61% above the national median of $281,900. Zillow estimates the typical home at $632,480. Median rent is $1,570/month, with 45.1% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1992.

Education

62.5% of adults in Ledgewood hold a bachelor's degree or higher (85% above the national average). 96.6% have completed high school. Local schools score 7.5/10 in standardized testing.

Climate & Weather

Ledgewood has an average annual temperature of 51°F (10°C). Winters average 27°F in January while summers reach 73°F in July. Annual precipitation totals 48.8 inches. Air quality is rated Good with a median AQI of 37.

Data Overview

People

Population5,150
Median Age45.3 yrs
Density930/mi²
Male / Female43% / 57%
Foreign Born12.7%
Veterans2.9%

Economy

B+
Median Income$125,000
Per Capita$56,203
Unemployment17.3%
Poverty2.6%
County GDP$74,395M
Avg Weekly Wage$1,946

Housing

A+
Home Value$454,100
Rent$1,570
Ownership83.5%
Zillow$632,480
Housing Units2,000
Rent Burden45.1%

Health

Obesity21.9%
Diabetes6.6%
Smoking7.3%
Heart Disease3.7%
Premature Death4,240/100K

Climate

Avg Temp51°F
Rain48.8 in/yr
AQI37 (Good)
Elevation1,052 ft

Education

A+
Bachelor's+62.5%
High School+96.6%
Graduate+18.8%
School Score7.5/10

Community

2024 VoteR 50% / D 48%
Commute33 min
Broadband95.7%
Internet Speed105 Mbps
EV Stations2
Libraries37

Did You Know?

The median home in Ledgewood was built in 1992.
15.3% work from home.
The nearest airport is Central Jersey Regional (25 miles).
The Gini coefficient (income inequality) is 0.461 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
9.7% of the population has a disability.
12.7% of residents are foreign-born.
Average internet download speed is 105 Mbps.
There are 1,349 restaurants in the area.
The county recorded 19 fatal vehicle crashes.