New Jersey has a population of about 9,500,851 (No.11 of 51 in the U.S.). Household income ranks high nationally.
Median household income $104,294 (No.3); per capita income $53,818 (No.6); median home value $496,000 (No.9); median rent $1,800 (No.8); median age 40.1 (No.18); income inequality (Gini) 0.471 (No.20).
Where it stands nationally: high household income. high rents. an older housing stock. high home prices.
Metrics and national rank
- Population 9,500,851 (rank 11 of 51)
- Median household income $104,294 (rank 3 of 51)
- Median home value $496,000 (rank 9 of 51)
- Median gross rent (monthly) $1,800 (rank 8 of 51)
- Median age 40.1 (rank 18 of 51)
- Per capita income $53,818 (rank 6 of 51)
- Income inequality (Gini) 0.471 (rank 20 of 51)
- Housing units 3,816,432 (rank 11 of 51)
- Median year structure built 1971 (rank 44 of 51)
Trends by year (ACS 1-year estimates)
Median household income
Median home value
Annual trends from the U.S. Census Bureau ACS 1-year estimates (dollars). 2020 is missing because no standard ACS 1-year estimates were published.
About the metrics
- Population(people):Total state population (ACS 1-year estimate). A basis for market size, labor force, and representation.
- Median household income(USD/year):Median household income (USD/year). A gauge of living standards and a reference for cost-of-living and relocation comparisons.
- Median home value(USD):Median value of owner-occupied homes (USD). A comparison metric for housing cost and asset prices.
- Median gross rent (monthly)(USD/month):Median gross rent (rent plus utilities), monthly USD. For comparing rental housing costs.
- Median age(years):Median age of residents (years). A gauge of the age structure (aging vs. younger population).
- Per capita income(USD/year):Average income per person (USD/year). Useful for comparing income levels independent of household size.
- Income inequality (Gini)(0–1):The Gini index of income inequality (0 = perfect equality to 1 = maximal inequality). Higher means more unequal.
- Housing units(units):Total housing units in the state (including vacant). A gauge of the size of the housing stock.
- Median year structure built(year):Median year housing structures were built. A newer value means a newer housing stock.
Federal spending received by this state (FY2025)
Total federal spending (contracts, assistance — everything) whose recipient is located in this state (source: USAspending). Per-capita divides by state population from the U.S. Census Bureau (ACS). Because it is by recipient location, headquarters effects can shift dollars from where work physically happens.
Labor market in this state (2026-06-01)
State unemployment rate (seasonally adjusted). Source: FRED (Federal Reserve Bank of St. Louis) state series. The figure is the latest monthly value and differs in timing and source from the demographics (ACS).
Sources (primary)
This article is an independent summary based on the official U.S. data below. Please verify the latest and exact details with the official sources.
- Census QuickFacts (official)
- Source:U.S. Census Bureau(ACS 2024)
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.