Wood-Ridge, NJ's Data
About Wood-Ridge, NJ's
Wood-Ridge is a borough in Bergen County, New Jersey, United States. Incorporated in 1894 from portions of Bergen Township, Wood-Ridge has a rich history intertwined with the development of the railway system, which spurred its growth in the early 20th century. The borough is strategically located approximately 12 miles from New York City, making it a part of the New York metropolitan area. This proximity has influenced its residential character, with a blend of suburban living and access to urban amenities.
City: Wood-Ridge
State: New Jersey
Country: United States
Population: Approximately 9,500
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Wood-Ridge, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Wood-Ridge, NJ
Wesmont Station - A newly developed area featuring residential, retail, and public spaces.
Donna Ricker Memorial Park - A local park offering sports fields, playgrounds, and walking paths.
Wood-Ridge Historical Museum - Showcases the borough's history and heritage.
Civic Center - Hosts various community events and activities throughout the year.
Veterans Park - A tribute to military veterans, featuring memorials and serene landscapes.
The Economy of Wood-Ridge, NJ
The economy of Wood-Ridge is primarily driven by its strategic location near major metropolitan hubs. The borough benefits from its proximity to New York City and major transportation routes, which supports local businesses and commuter workforce. Retail, services, and small manufacturing form the backbone of its economy. Recent developments, such as the Wesmont Station project, have spurred economic growth, transforming former industrial sites into mixed-use residential and commercial spaces.
Wood-Ridge, NJ Inflation
Understanding the BLS and Inflation in Wood-Ridge, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Wood-Ridge, NJ. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Wood-Ridge, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Wood-Ridge, NJ using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Wood-Ridge, NJ when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Wood-ridge, NJ
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