Real Estate details: Ridgewood NJ vs Rumford ME
RE Insights
| Metric | Ridgewood | Rumford |
|---|---|---|
| Population | 26,168 | 5,687 |
| Median Home Price | $978,500 | $210,000 |
| Rent | 17% | 35% |
| Own | 83% | 65% |
Real Estate Insights Comparison: Ridgewood vs Rumford
- Ridgewood has a larger population of 26,168 compared to 5,687 in Rumford.
- A higher median home price of $978,500 is found in Ridgewood compared to $210,000 in Rumford.
- The rent percentage in Rumford is higher at 35% compared to 17% in Ridgewood.
- A greater percentage of homeowners in Ridgewood at 83% compared to 65% in Rumford.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.