Silver Ridge, NJ

Census Place

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2023 Population

1,176

10.6% 1-year growth

US Senator

Cory Booker

Democratic Party

US Senator

Andy Kim

Democratic Party

2023 Median Age

74.1

0.269% 1-year decrease

2023 Poverty Rate

13%

23.5% 1-year increase

2023 Median Household Income

$35,056

4.26% 1-year growth

2023 Median Property Value

$213,100

2.8% 1-year growth

2023 Employed Population

272

2.51% 1-year decline

About

In 2023, Silver Ridge, NJ had a population of 1.18k people with a median age of 74.1 and a median household income of $35,056. Between 2022 and 2023 the population of Silver Ridge, NJ grew from 1,063 to 1,176, a 10.6% increase and its median household income grew from $33,625 to $35,056, a 4.26% increase.

The 5 largest ethnic groups in Silver Ridge, NJ are White (Non-Hispanic) (92.5%), Two+ (Non-Hispanic) (2.72%), Other (Non-Hispanic) (2.38%), Two+ (Hispanic) (1.45%), and White (Hispanic) (0.935%).

None of the households in Silver Ridge, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

95.9% of the residents in Silver Ridge, NJ are U.S. citizens.

In 2023, the median property value in Silver Ridge, NJ was $213,100, and the homeownership rate was 95.1%.

Most people in Silver Ridge, NJ drove alone to work, and the average commute time was 34.6 minutes. The average car ownership in Silver Ridge, NJ was 1 car per household.

United States New Jersey Ocean County, NJ New York-Newark-Jersey City, NY-NJ-PA Ocean County (Central)--Toms River & Berkeley PUMA, NJ

Population & Diversity

Silver Ridge, NJ is home to a population of 1.18k people, from which 95.9% are citizens. As of 2023, 12% of Silver Ridge, NJ residents were born outside of the country (141 people).

In 2023, there were 34 times more White (Non-Hispanic) residents (1.09k people) in Silver Ridge, NJ than any other race or ethnicity. There were 32 Two+ (Non-Hispanic) and 28 Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.9%

2023 Citizenship

98.1%

2022 Citizenship

As of 2023, 95.9% of Silver Ridge, NJ residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Silver Ridge, NJ was 98.1%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Silver Ridge, NJ compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Silver Ridge, NJ

White (Non-Hispanic)
1.09k ± 285
Two+ (Non-Hispanic)
32 ± 37
Other (Non-Hispanic)
28 ± 44

2.38%

Hispanic Population

28 people

2.38% of the people in Silver Ridge, NJ are hispanic (28 people).

The following chart shows the 7 races represented in Silver Ridge, NJ as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.

Most Common Origin

India
273,669 ± 12,652 people
Dominican Republic
204,992 ± 10,992 people
Mexico
104,320 ± 7,885 people

In 2022, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,669 New Jersey residents, followed by Dominican Republic with 204,992 and Mexico with 104,320.

Foreign-Born Population

12%

2023 Foreign-Born Population

141 people

12.1%

2022 Foreign-Born Population

129 people

As of 2023, 12% of Silver Ridge, NJ residents (141 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Silver Ridge, NJ was 12.1%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Silver Ridge, NJ compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
48 ± 53
Korea
37 ± 38
World War II
28 ± 44

Silver Ridge, NJ has a large population of military personnel who served in Vietnam, 1.3 times greater than any other conflict.

Economy

The economy of Silver Ridge, NJ employs 272 people. The largest industries in Silver Ridge, NJ are Manufacturing (56 people), Educational Services (47 people), and Other Services, Except Public Administration (31 people), and the highest paying industries are Manufacturing ($124,773), Total ($56,111), and Educational Services, & Health Care & Social Assistance ($36,583).

Males in New Jersey have an average income that is 1.36 times higher than the average income of females, which is $77,965. The income inequality in New Jersey (measured using the Gini index) is 0.489, which is higher than than the national average.

Employment

Occupations

272

2023 Value

± 135

−2.51%

1 Year decline

± 71.3%

From 2022 to 2023, employment in Silver Ridge, NJ declined at a rate of −2.51%, from 279 employees to 272 employees.

The most common job groups, by number of people living in Silver Ridge, NJ, are Management Occupations (41 people), Building & Grounds Cleaning & Maintenance Occupations (37 people), and Education Instruction, & Library Occupations (29 people). This chart illustrates the share breakdown of the primary jobs held by residents of Silver Ridge, NJ.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

272

2023 Value

± 135

−2.51%

1 Year decline

± 71.3%

From 2022 to 2023, employment in Silver Ridge, NJ declined at a rate of −2.51%, from 279 employees to 272 employees.

The most common employment sectors for those who live in Silver Ridge, NJ, are Manufacturing (56 people), Educational Services (47 people), and Other Services, Except Public Administration (31 people). This chart shows the share breakdown of the primary industries for residents of Silver Ridge, NJ, though some of these residents may live in Silver Ridge, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$87,361

Median earning men ± $85,463

$36,000

Median earning women ± $49,139

The industries with the best median earnings for men in 2023 are Manufacturing ($124,773).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($35,083).

Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.

Y-Axis

2.27%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Jersey.

Measure

In 2022, 1.15% of men over 25 years of age had not completed any academic degree (no schooling), while 1.13% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for New Jersey.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (1.92M), Bachelors Degree (1.77M), and Some college (1.3M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Silver Ridge, NJ was $213,100 in 2023, which is 0.702 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $207,300 to $213,100, a 2.8% increase. The homeownership rate in Silver Ridge, NJ is 95.1%, which is approximately the same as the national average of 65%.

People in Silver Ridge, NJ have an average commute time of 34.6 minutes, and they drove alone to work. Car ownership in Silver Ridge, NJ is lower than the national average, with an average of 1 car per household.

Housing

Property

$213,100

Median Property Value 2023

±$13,937

$791

Median Property Taxes

±$265

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Silver Ridge, NJ the largest share of households pay taxes in the $2k - $3k range.

The chart underneath the paragraph shows the property taxes in Silver Ridge, NJ compared to it's parent and neighbor geographies.

Rent vs Own

95.1%

Homeownership

2023

67.6%

Homeowners with Mortgage

2023

In 2023, 95.1% of the housing units in Silver Ridge, NJ were occupied by their owner. This percentage declined from the previous year's rate of 97.3%.

This chart shows the percentage of owner in Silver Ridge, NJ compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Silver Ridge, NJ colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$35,056

Median Household Income

± $12,449

832

Number of Households

± 268

In 2023, the median household income of the 832 households in Silver Ridge, NJ grew to $35,056 from the previous year's value of $33,625.

The following chart displays the households in Silver Ridge, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $25k - $30k range.

Wage Distribution

The closest comparable wage GINI for Silver Ridge, NJ is from New Jersey.

0.489

2022 Wage GINI in New Jersey

0.49

2021 Wage GINI in New Jersey

In 2022, the income inequality in New Jersey was 0.489 according to the GINI calculation of the wage distribution. Income inequality had a 0.278% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.478. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (94.9%)
Worked At Home (5.15%)
Carpooled (0%)

In 2023, 94.9% of workers in Silver Ridge, NJ drove alone to work, followed by those who worked at home (5.15%) and those who carpooled to work (0%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

34.6 minutes

Average Travel Time

Using averages, employees in Silver Ridge, NJ have a longer commute time (34.6 minutes) than the normal US worker (26.6 minutes). Additionally, 10.9% of the workforce in Silver Ridge, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Silver Ridge, NJ compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Silver Ridge, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Silver Ridge, NJ have 1 car.

Poverty

Poverty & Diversity

13% of the population for whom poverty status is determined in Silver Ridge, NJ (153 out of 1.18k people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Males 55 - 64, followed by Males 65 - 74 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Silver Ridge, NJ is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

95.8% of the population of Silver Ridge, NJ has health coverage, with 9.78% on employee plans, 12.9% on Medicaid, 60.2% on Medicare, 12.9% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Ocean County, NJ see 2428 patients per year on average, which represents a 1.59% increase from the previous year (2390 patients). Compare this to dentists who see 1681 patients per year, and mental health providers who see 549 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Ocean County, NJ.

2,428 to 1

Patient to Primary Care Physician Ratio in Ocean County, NJ

Primary care physicians in Ocean County, NJ see an average of 2,428 patients per year. This represents a 1.59% increase from the previous year (2,390 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Ocean County, NJ in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 0% under 18 years, 2.98% between 18 and 34 years, 25.2% between 35 and 64 years, and 71.9% over 64 years.

By gender, of the total number of insured persons, 48.7% were men and 51.3% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

4.17%

Uninsured

9.78%

Employer Coverage

12.9%

Medicaid

60.2%

Medicare

12.9%

Non-Group

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Silver Ridge, NJ grew by 146% from 1.69% to 4.17%.

The following chart shows how the percent of uninsured individuals in Silver Ridge, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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