The work force participation rate in Woodcliff Lake is 64.9%, with an unemployment rate of 2%. For those located in the labor pool, the average commute time is 33.1 minutes. 32.5% of Woodcliff Lake’s populace have a masters diploma, and 42.7% have earned a bachelors degree. For all those without a college degree, 10.1% have some college, 14% have a high school diploma, and just 0.6% possess an education not as much as senior school. 0.5% are not covered by health insurance.
The average family size in Woodcliff Lake, NJ is 3.29 family members, with 88.9% being the owner of their very own domiciles. The average home value is $811583. For those renting, they pay out an average of $2069 per month. 67.7% of households have 2 incomes, and the average domestic income of $171103. Median income is $60378. 3.7% of citizens survive at or below the poverty line, and 7.6% are considered disabled. 3.4% of inhabitants are former members of this armed forces of the United States.
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