The typical household size in Ringwood, NJ is 3.32 family members, with 94.9% owning their own dwellings. The mean home appraisal is $366406. For those leasing, they spend an average of $1776 per month. 68.4% of households have dual incomes, and a median household income of $125476. Median income is $53324. 1.7% of town residents live at or below the poverty line, and 8% are considered disabled. 4.1% of citizens are ex-members of this armed forces of the United States.
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The labor pool participation rate in Ringwood is 70.2%, with an unemployment rate of 4.1%. For the people located in the labor pool, the typical commute time is 37.2 minutes. 15.1% of Ringwood’s community have a masters diploma, and 29.7% have earned a bachelors degree. For everyone without a college degree, 22.7% attended at least some college, 26.8% have a high school diploma, and only 5.6% have an education lower than high school. 4.7% are not included in health insurance.