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 Rate | 12.3% |
| Poverty Rate | 2.6% |
| Gini Coefficient | 0.461 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 33 minutes |
| Drive Alone | 77.9% |
| Public Transit | 1.2% |
| Work From Home | 15.3% |
Businesses
| Total Establishments | 18,002 |
| Restaurants | 1,349 |
| Healthcare | 1,822 |
| Retail | 1,639 |
| Manufacturing | 496 |
Tax
| IRS Avg AGI | $156,784 |
| Avg Property Tax | $13,570 |
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