8 Apartments for rent in Silver Ridge, NJ

The small town of Silver Ridge, New Jersey is home to approximately 1,000 residents. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (64%) here than they do nationally (14%), while young adults are less well-represented. At an average age of just under 69, the town's population is notablyolder than most cities in New Jersey, ranking as the 10th-oldest municipality in the state. Most residents own their homes in Silver Ridge, and 14% of residents rent. Renters in the town benefit from a relatively low average rent of $1,122 a month, which is $151/month less than the state average.

With an average commute time of about 30 minutes, shorter than most cities in New Jersey, Silver Ridge residents are well aware that it isn't overly time-consuming to get to work. Driving a vehicle is the most common way to get to work, chosen by 26% of residents, while public transit isn't used. Not many residents commute to work on foot.

Compared to the national average (5%), Silver Ridge has a relatively large concentration of residents older than 25 with an Associate's degree (7%). In addition, 13% have earned a Bachelor's, Master's, Professional, or Doctoral degree. Nine percent of the population in Silver Ridge works in retail, making it the most common industry. Silver Ridge workers earn an average annual income of nearly $48K, around $38,000 less than the New Jersey average. The town's average income also falls below the national average ($73,345).