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The total population of Wood-Ridge is estimated to be 9,978 with 5,021 males (50.32%) and 4,957 females (49.68%). There are 64 less females than males in Wood-Ridge.
The median household income in Wood-Ridge was $133,151 in 2021, which marked an a decrease of 2,645(1.95%) from $135,796 in 2020. This income is 178.47% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Wood-Ridge sees its highest median household income among householders in the age group of 25 to 44 years old, at $165,968. Overall, the median household income for the borough of Wood-Ridge stands at $133,151.
In Wood-Ridge, the median income for all workers aged 15 years and older, regardless of work hours, was $80,672 for males and $43,816 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $103,167 for males and $78,441 for females.
In Wood-Ridge, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $177,731, while Some Other Race households represent the opposite end with the lowest median household income of $45,342.
In 2022, the population of Wood-Ridge was 10,074, a 0.23% decrease year-by-year from 2021. Previously, in 2021, Wood-Ridge's population was 10,097, a decline of 0.14% compared to a population of 10,111 in 2020.
The median age in Wood-Ridge, NJ is 38.0, as per 2021 ACS 5-Year Estimates. Of the total population, 16.09% were under the age of 15, 19.83% aged 15 to 29, 51.34% aged 30 to 64, 11.00% aged 65 to 84, and 1.74% were 85 years of age and older.
Racial distribution of Wood-Ridge population: 70.58% are White, 3.72% are Black or African American, 0.05% are American Indian and Alaska Native, 16.14% are Asian, 5.42% are some other race and 4.09% are multiracial.