Ringwood, NJ Profile: Facts & Data

The Borough of Ringwood had a population of 11,456 as of July 1, 2024. Ringwood ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Ringwood is located at latitude 41.1134 and longitude -74.2454 in Passaic County. The formal boundaries for the Borough of Ringwood encompass a land area of 25.22 sq. miles and a water area of 2.95 sq. miles. Passaic County is in the Eastern time zone (GMT -5).

The Borough of Ringwood has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Ringwood, NJ Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	11,456 (100%)
Population in Households	11,399 (99.5%)
Population in Families	10,370 (90.5%)
Population in Group Quarters¹	57 ( 0.5%)
Population Density	448
Diversity Index²	43


INCOME
Median Household Income	$142,432
Average Household Income	$176,560
% of Income for Mortgage⁴	23%
Per Capita Income	$63,889
Wealth Index⁵	204
Socioeconomic Status Index⁶	High (65.5)

HOUSING
Total HU (Housing Units)	4,327 (100%)
Owner Occupied HU	3,942 (91.1%)
Renter Occupied HU	203 ( 4.7%)
Vacant Housing Units	182 ( 4.2%)
Median Home Value	$517,357
Average Home Value	$552,283
Housing Affordability Index³	88

HOUSEHOLDS
Total Households	4,145
Average Household Size	2.75
Family Households	3,311
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Ringwood, NJ - Peer Comparisons by Rank and Percentile

The table below compares Ringwood to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.56%	-0.76%
Households	-0.20%	-0.24%
Families		-0.25%
Median Household Income		2.77%
Per Capita Income		3.40%
Owner Occupied HU		-0.06%

Variable Description	Rank	Percentile
Total Population	# 125	82nd
Population Density	# 594	15th
Median Household Income	# 166	76th
Housing Affordability Index	# 440	63rd
Per Capita Income	# 246	65th
Diversity Index	# 463	34th

Ringwood, NJ Profile: Facts & Data

Ringwood, New Jersey - Basic Facts

Ringwood, NJ Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Ringwood, NJ - Peer Comparisons by Rank and Percentile

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