Income & Economy in Silver Ridge, NJ

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$35,056

-52% vs national

Per Capita Income

$85,277

+129% vs national

Poverty Rate

13.0%

-4% vs national

Gini Index

0.7358

0 = perfect equality

Unemployment

4.6%

-12% vs national

SNAP Recipients

5.4%

of households

How Silver Ridge Compares

Source: Census ACS (2023)

Silver Ridge vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Silver Ridge is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Silver Ridge. The median household income here is $35,056.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
25.4%
$25-50K
35.3%
$50-75K
17.2%
$75-100K
8.1%
$100-150K
7.5%
$200K+
6.6%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.6%

-20% vs NJ avg

Labor Force

285

Employed

272

Mean Commute

33 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

11.2%

of adults 25+

High School Diploma+

65.0%

of adults 25+

Median Age

74.1

Work from Home

5.2%

of workers

The median household income in Silver Ridge, NJ is $35,056, which is 52.1% below the national average of $73,224. Per capita income is $85,277. The poverty rate of 13.0% is higher than the NJ state average of 7.7%. The Gini index of income inequality is 0.7358, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.6%, compared to the state average of 5.7%. 11.2% of adults hold a bachelor's degree or higher. The average commute time is 33 minutes, with 5.2% working from home.