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Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ&

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Population
105,992
0.84% growth
Median Age
43.1
Median Household Income
$118,393
2.54% growth
Poverty Rate
3.29%
Number of Employees
53,126
2.39% growth
Median Property Value
$537,800
1.32% growth

About the photo: State Capitol Rotunda, Trenton, NJ

Economy

The economy of Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ employs 53,126 people. The economy of Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ is specialized in Management of Companies & Enterprises; Wholesale trade; and Finance & Insurance, which employ respectively 2.68; 1.95; and 1.79 times more people than what would be expected in a location of this size. The largest industries in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ are Healthcare & Social Assistance (6,951), Educational Services (6,802), and Professional, Scientific, Tech Services (6,039), and the highest paying industries are Management of Companies & Enterprises ($125,536), Finance & Insurance ($107,629), and Utilities ($84,659).

Median household income in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ is $118,393. Males in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ have an average income that is 1.45 times higher than the average income of females, which is $93,024. The income inequality of Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ (measured using the Gini index) is 0.55 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ. In New Jersey the age groups most likely to have health care coverage are 45-54 and 6-17, men and women, respectively. The location has a 1 to N/A primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of N/A. Essex County, NJ has the highest prevalence of homicides of any county in New Jersey.

Coverage

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Showing data across all counties in New Jersey.

Insurance Coverage by Age and Gender

Medicare Enrollment and Reimbursements by Location

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Diversity

Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ is home to a population of 105,992 people, from which 95.6% are citizens. The ethnic composition of the population of Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ is composed of 88,344 White residents (83.3%), 8,005 Asian residents (7.55%), 6,741 Hispanic residents (6.36%), 1,414 Black residents (1.33%), and 1,304 Two+ residents (1.23%). The most common foreign languages in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ are Spanish (4,331 speakers), Korean (2,145 speakers), and Italian (1,143 speakers), but compared to other places, Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ has a relative high number of Korean (2,145 speakers), Italian (1,143 speakers), and Gujarati (511 speakers).

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Non-English Speakers

Military

Veterans

Education

In 2015 universities in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ awarded 812 degrees. The student population of Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ is skewed away from females, with 422 male students and 390 female students. Most students in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ are White (324 and 39.9%), followed by Black or African American (176 and 21.7%), Hispanic or Latino (174 and 21.4%), and Unknown (91 and 11.2%). The largest universities in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ by number of graduates are Eastwick College-Ramsey (446 and 54.9%), Lincoln Technical Institute-Mahwah (366 and 45.1%), and N/A (N/A and N/A). The most popular majors in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ are Automobile Mechanics Technology (216 and 26.6%), HVAC & Refrigeration Engineering Technology (104 and 12.8%), and General Electrical Equipment Installation & Repair (46 and 5.67%). The median tuition costs in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ is $537,800, which is 2.77 times larger than the national average of $194,500. Between 2014 and 2015 the median property value increased from $530,800 to $537,800, a 1.32% increase. The homeownership rate of Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ is 85.5%, which is higher than the national average of 63.9%. People in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ have an average commute time of 28.6 minutes, and they commute by Drove Alone. Car ownership in Ramsey, Oakland & Franklin Lakes Boroughs PUMA, NJ is approximately the same as the national average, with an average of 2 cars per household.

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