| Table 6. Median Family and Household Income: 2001 to 2017 | |||||
| New Jersey and United States (in 2017 dollars) | |||||
| Ratio: | |||||
| Two-year | New Jersey/ | ||||
| Moving Average | New Jersey | United States | United States | ||
| Total Families | |||||
| 2016~2017 | $ 89,368 | $72,582 | 1.23 | ||
| 2015~2016 | $ 91,563 | $72,431 | 1.26 | ||
| 2014~2015 | $ 88,471 | $71,066 | 1.24 | ||
| 2013~2014 | $ 84,656 | $68,062 | 1.24 | ||
| 2012~2013 | $ 85,425 | $66,796 | 1.28 | ||
| 2011~2012 | $ 86,034 | $66,447 | 1.29 | ||
| 2010~2011 | $ 86,270 | $67,167 | 1.28 | ||
| 2009~2010 | $ 87,412 | $68,325 | 1.28 | ||
| 2008~2009 | $ 91,689 | $69,445 | 1.32 | ||
| 2007~2008 | $ 94,361 | $71,383 | 1.32 | ||
| 2006~2007 | $ 95,945 | $71,889 | 1.33 | ||
| 2005~2006 | $ 98,474 | $70,901 | 1.39 | ||
| 2004~2005 | $ 95,879 | $70,473 | 1.36 | ||
| 2003~2004 | $ 93,564 | $70,297 | 1.33 | ||
| 2002~2003 | $ 93,447 | $70,387 | 1.33 | ||
| 2001~2002 | $ 91,778 | $70,878 | 1.29 | ||
| Total Households | |||||
| 2016~2017 | $ 68,849 | $58,210 | 1.18 | ||
| 2015~2016 | $ 67,387 | $57,954 | 1.16 | ||
| 2014~2015 | $ 67,318 | $56,905 | 1.18 | ||
| 2013~2014 | $ 65,692 | $55,058 | 1.19 | ||
| 2012~2013 | $ 67,376 | $54,528 | 1.24 | ||
| 2011~2012 | $ 68,701 | $54,480 | 1.26 | ||
| 2010~2011 | $ 68,622 | $55,050 | 1.25 | ||
| 2009~2010 | $ 71,809 | $56,275 | 1.28 | ||
| 2008~2009 | $ 73,432 | $57,175 | 1.28 | ||
| 2007~2008 | $ 72,198 | $58,414 | 1.24 | ||
| 2006~2007 | $ 76,262 | $59,075 | 1.29 | ||
| 2005~2006 | $ 80,689 | $58,417 | 1.38 | ||
| 2004~2005 | $ 75,810 | $57,893 | 1.31 | ||
| 2003~2004 | $ 73,615 | $57,677 | 1.28 | ||
| 2002~2003 | $ 75,301 | $57,763 | 1.30 | ||
| 2001~2002 | $ 74,174 | $58,149 | 1.28 | ||
| Note: The New Jersey income figures were inflated by the average of New York-metro | |||||
| and Philadelphia-metro 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: New Jersey Department of Labor & Workforce Development, | |||||
| Division of Economic & Demographic Research, 10/2018. | |||||