Table 15.  Median Household Income by Selected Household Characteristics: New Jersey, 2001 to 2017
                  (Household Totals in Thousands)  (Income in 2017 Dollars)
Two-year 2001-2002 2002-2003 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016  2016-2017 
Moving Average Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median  Number of  Median   Number of   Median 
Household Characteristics Households Income  Households Income  Households Income  Households Income  Households Income  Households Income  Households Income  Households Income  Households Income  Households Income  Households Income  Households Income  Households Income  Households Income  Households Income   Households  Income 
ALL HOUSEHOLDS 3,245 $74,174 3,218 $75,301 3,213 $73,615 3,188 $75,810 3,177 $80,689 3,214 $76,262 3,203 $72,198 3,199 $73,432 3,203 $71,809 3,188 $68,622 3,233 $68,701 3,294 $67,376 3,314 $65,692 3,363 $67,318       3,419 $67,387      3,386 $68,849
  SEX
Male Householder 1,729 $87,051 1,707 $88,833 1,688 $86,790 1,653 $88,614 1,622 $93,962 1,606 $91,161 1,608 $89,097 1,621 $88,094 1,621 $85,110 1,598 $85,917 1,633 $86,546 1,677 $82,190 1,681 $76,039 1,702 $74,080 1,764 $77,856      1,739 $82,371
Female Householder 1,517 $58,201 1,511 $59,643 1,525 $59,814 1,535 $63,215 1,554 $66,925 1,607 $60,770 1,595 $56,318 1,578 $58,126 1,604 $56,450 1,590 $52,025 1,600 $52,081 1,617 $51,761 1,633 $53,413 1,662 $56,025 1,655 $54,034      1,647 $55,677
  RACE
White Households 2,583 $78,298 2,560 $78,855 2,572 $77,300 2,561 $81,135 2,498 $86,222 2,470 $82,156 2,453 $78,419 2,478 $78,541 2,502 $76,463 2,472 $73,112 2,503 $73,222 2,518 $70,184 2,491 $68,894 2,509 $69,886 2,554 $68,841      2,575 $71,137
Black Households 456 $46,422 446 $49,109 430 $48,698 416 $53,567 429 $52,659 460 $43,469 456 $43,622 440 $44,114 450 $40,130 457 $39,104 458 $40,919 482 $40,834 503 $42,438 504 $43,966 504 $41,613        486 $45,755
Hispanic Households 330 $53,735 341 $54,862 356 $48,982 402 $50,914 419 $55,717 428 $55,814 441 $52,624 451 $54,116 460 $55,756 470 $48,465 509 $43,620 506 $43,299 487 $42,720 523 $42,845 543 $41,753        529 $41,931
  TENURE
Owner Households 2,148 $95,005 2,164 $95,799 2,233 $86,790 2,243 $98,092 2,200 $103,697 2,197 $99,935 2,177 $95,487 2,178 $93,730 2,146 $91,099 2,072 $91,919 2,109 $91,664 2,173 $86,489 2,128 $86,031 2,081 $89,408 2,110 $90,538      1,328 $91,528
Renter Households 1,054 $44,969 1,054 $45,758 980 $59,814 946 $43,126 977 $47,501 1,017 $45,912 1,026 $44,837 1,021 $46,010 1,057 $44,574 1,116 $41,220 1,125 $36,710 1,121 $34,129 1,186 $37,354 1,282 $42,838 1,310 $42,773      1,245 $40,180
  AGE
Householder Under 65 2,498 $88,935 2,515 $90,896 2,517 $88,474 2,494 $91,963 2,496 $96,348 2,507 $91,395 2,490 $86,886 2,502 $85,979 2,502 $83,938 2,414 $81,212 2,433 $79,905 2,502 $76,875 2,532 $74,046 2,533 $74,023 2,532 $76,205      2,466 $79,739
Householder 65 & over 747 $34,608 703 $31,632 696 $31,757 694 $32,950 680 $34,786 707 $33,406 714 $34,249 697 $37,586 722 $36,672 775 $39,879 800 $45,044 792 $42,737 783 $43,820 830 $48,287 887 $43,153        920 $43,119
  EDUCATION OF
  HOUSEHOLDER
Less than High School 464 $32,760 440 $30,734 427 $29,317 421 $32,665 394 $35,946 368 $33,931 366 $33,111 348 $33,607 318 $29,763 315 $26,529 330 $26,328 326 $27,100 303 $27,318 281 $28,526 254 $28,953        226 $26,883
High School Diploma 1,044 $58,600 1,063 $55,755 1,040 $54,820 975 $58,168 950 $61,494 992 $54,864 994 $49,899 992 $52,569 1,000 $50,195 951 $46,574 924 $47,487 927 $49,333 956 $48,202 1,000 $45,862 1,017 $43,855        966 $41,200
Some College/Associate degree 677 $77,450 638 $77,476 627 $74,479 642 $75,422 652 $80,693 621 $75,923 612 $69,317 658 $69,371 705 $69,160 713 $65,316 714 $65,777 782 $60,698 785 $55,007 738 $58,671 767 $59,294        749 $60,555
Bachelor's Degree  or Higher 1,060 $121,831 1,077 $121,259 1,120 $122,859 1,150 $127,048 1,181 $127,477 1,233 $119,642 1,231 $116,451 1,201 $118,020 1,181 $116,472 1,209 $112,933 1,266 $111,074 1,260 $109,354 1,270 $107,415 1,344 $110,292 1,382 $109,426      1,422 $104,038
  HOUSEHOLD SIZE
1-Person Households 790 $30,558 800 $29,713 830 $29,971 795 $33,653 744 $35,132 814 $32,543 861 $33,209 861 $34,515 828 $32,272 825 $30,309 842 $28,746 926 $28,055 925 $30,455 904 $32,197 962 $28,631        937 $27,714
2-Person Households 1,022 $71,707 993 $75,388 955 $77,677 922 $75,531 968 $80,538 968 $80,672 921 $80,082 921 $79,459 970 $73,787 956 $69,345 962 $69,571 918 $70,675 889 $67,150 980 $65,457 1,045 $70,682      1,052 $76,137
3-Person Households 569 $94,966 550 $99,430 511 $94,330 539 $96,965 531 $107,769 556 $102,183 564 $96,543 564 $92,515 543 $90,205 580 $89,449 595 $89,302 607 $85,104 633 $87,383 569 $96,381 558 $93,498        593 $93,023
4-Person Households 540 $110,987 546 $109,406 571 $111,120 578 $113,365 593 $115,236 560 $114,170 513 $117,003 513 $114,502 508 $112,304 505 $113,019 514 $111,392 517 $112,770 533 $107,353 552 $103,641 516 $109,010        467 $113,691
5 or More Person Households 324 $116,265 329 $114,506 346 $112,505 354 $114,745 341 $111,235 317 $109,756 343 $106,975 343 $108,911 343 $115,027 321 $112,089 320 $105,356 325 $106,373 334 $107,157 357 $103,926 338 $101,885        337 $100,253
   
Note: The New Jersey income figures were inflated by the average of New York-metro and Philadelphia-metro Continued…
          Consumer Price Indexes for all Urban Consumers (CPI-U).  The US figures were inflated by the national CPI-U.
Source: US Bureau of the Census, Current Population Survey (CPS): March 2001 through 2018.
Prepared by : NJ Dept of Labor & Workforce Dev., Div. of Economic & Demographic Research, 10/2018.