NJ Incomes Fall, But Stay Near the Top - NBC 10 Philadelphia

NJ Incomes Fall, But Stay Near the Top

Median income in the nation’s #2 state, down in 2010

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    NJ Incomes Fall, But Stay Near the Top
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    NJ median income fell in 2010, despite the recession's end in 2009.

    U.S. Census figures show New Jerseyans had less money in their pockets in 2010 even though the recession officially ended in mid-2009.

    American Community Survey estimates show the 2010 median household income in New Jersey was just under $67,700. That's down 2.7 percent from the year before and 2.9 percent less than the inflation-adjusted total of just under $69,700 in 2006.

    Median household income saw a decline in 13 of the state's 21 counties compared with 2009. Morris and Camden sustained the biggest drops of more than 7 percent.

    New Jersey remains second in the nation in terms of median household income. Maryland had the highest median income in 2010, at $68,854.

    By comparison, median household income for the same period was $49,288 in Pennsylvania, $55,847 in Delaware. Median household income for the entire nation stood at $50,046 for 2010.

    The American Community Survey queries 3 million households.