Ridgewood Named 12th-Highest Earning Town in America

The Village of Ridgewood has checked in at #12 on CNN Money's list of top-earning towns in America.

With a median family income of $198,122 and a median home price of $611,000, Ridgewood was the highest ranked town in New Jersey. Colts Neck was the next – and only other – New Jersey town to make the list of 25, checking in at 14.

"The CNN folks got it right," said Ridgewood Mayor Paul Aronsohn. "Ridgewood is an extraordinary place, and one of the best places to live."

Here's what the website had to say about Ridgewood:

In the early 1900s, successful financiers from New York built big summer homes with wraparound porches in Ridgewood -- and then moved here full-time when the train and bus system into New York City arrived.

Today, thriving commuters enjoy a downtown full of mom-and-pop stores, an ever-expanding array of restaurants, a park, and an old-fashioned movie theater, surrounded by well-preserved architecture from the late 1800s and early 1900s.

In the fall, residents plant up to 6,000 bulbs for the spring daffodil festival. Add to that a high school ranked in the nation's top 200, and you have a well-rounded winner.

The village was also recently named one of America's safest cities, and in 2011 was ranked as the 26th best place to live in America by CNN Money.