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Ledgewood, NJ

Full City Profile · New Jersey · Morris County County

3.6 /5.0
B+ Good
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
53°F Avg Temperature 275 sunny days/yr
92 Violent Crime/100K 1,165 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$125,000 median income, 12.3% unemployment
A+
Affordability
4.6 / 5.0
$454,100 home value, $1,570/mo rent
F
Safety
1.0 / 5.0
92 violent crimes/100K
A+
Education
5.0 / 5.0
62.5% bachelor's degree or higher

Income Overview

Median Household Income
$125,000
66% above
US avg: $75,149
Per Capita Income
$56,203
44% above
US avg: $39,052
Unemployment Rate
12.3%
242% above
US avg: 3.6%
Poverty Rate
2.6%
79% below
US avg: 12.4%

Income Comparison: Ledgewood vs. U.S. Average

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

Median Household
US: $75,149
$125,000
166%
Per Capita
US: $39,052
$56,203
144%
IRS Avg AGI
US: $72,000
$156,784
218%
Avg Weekly Wage
US: $1,432
$1,946
136%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,946
36% above US avg ($1,432)
Mean Commute Time
33 min
18% above US avg (28 min)
Work From Home
15.3%
1% above US avg (15.2%)
Drive Alone
77.9%
6% above US avg (73.2%)
Public Transit
1.2%
76% below US avg (5.0%)
County GDP
$74,395M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.9%
Public Transit 1.2%
Work From Home 15.3%
Other 5.6%
Average commute time
33 minutes
US avg: 28 min

Business Landscape

Total Establishments
18,002
Restaurants
1,349
Healthcare
1,822
Retail
1,639
Manufacturing
496

Tax & Financial

IRS Avg Adjusted Gross Income
$156,784
118% above US avg ($72,000)
Avg Property Tax
$13,570
288% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$125,000
Per Capita Income$56,203
IRS Avg Adjusted Gross Income$156,784
Avg Weekly Wage$1,946
County GDP$74,395M

Hardship Indicators

Unemployment Rate12.3%
Poverty Rate2.6%
Gini Coefficient0.461
Cost of Living Index108.8

Commute

Mean Commute33 minutes
Drive Alone77.9%
Public Transit1.2%
Work From Home15.3%

Businesses

Total Establishments18,002
Restaurants1,349
Healthcare1,822
Retail1,639
Manufacturing496

Tax

IRS Avg AGI$156,784
Avg Property Tax$13,570