
2015’s Best & Worst Small Cities in America
November 8,2015
the staff of the Ridgewood blog
Ridgewood NJ, WalletHub’s analysts compared 1,268 small cities in the U.S. to find the ones where residents don’t have to give up much. Our data set includes a total of 22 metrics, ranging from housing costs to school-system quality to the number of restaurants per capita.
According to the Economic Policy Institute, a two-parent, two-child family would need to earn$49,114 a year “to secure an adequate but modest living standard” in Morristown, Tenn., compared with $106,493 in Washington. So even with a lighter wallet, a family or soloist can enjoy a comparable, or even better, quality of life for much less in a cozy place like Morristown.
Ridgewood NJ, was tied at 152 with Little Elm, TX, while Princeton NJ was ranked number 1. Ridgewood’s overall score was 50.44.
The affordability index took Ridgewood way down the list scoring a very un-affordable 1048! While despite being located in New Jersey we scored a 21 in Economic Health and a 74 in Education health thanks the stellar Ridgewood School system.
But another big weakness showed in the Quality of Life scoring a lowly 839,hummm we are just going to leave that one alone .