Table 8. Median Household Income by Selected Household Characteristics

New Jersey and United States: 2001 to 2017 (in 2017 dollars)

Two-year Moving Average

2001-02

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

2012-13

2013-14

2014-15

2015-16

2016-17

New Jersey

ALL HOUSEHOLDS

$ 74,174

$ 75,301

$ 73,615

$ 75,810

$ 80,689

$ 76,262

$72,198

$ 73,432

$71,809

$68,622

$ 68,701

$ 67,376

$ 65,692

$ 67,318

$ 67,387

$ 68,849

RACE of HOUSEHOLDER

White

$ 78,298

$ 78,855

$ 77,300

$ 81,135

$ 86,222

$ 82,156

$78,419

$ 78,541

$76,463

$73,112

$ 73,222

$ 70,184

$ 68,894

$ 69,886

$ 68,841

$ 71,137

Black

$ 46,422

$ 49,109

$ 48,698

$ 53,567

$ 52,659

$ 43,469

$43,622

$ 44,114

$40,130

$39,104

$ 40,919

$ 40,834

$ 42,438

$ 43,966

$ 41,613

$ 45,755

Hispanic origin

$ 53,735

$ 54,862

$ 48,982

$ 50,914

$ 55,717

$ 55,814

$52,624

$ 54,116

$55,756

$48,465

$ 43,620

$ 43,299

$ 42,720

$ 42,845

$ 41,753

$ 41,931

SEX of HOUSEHOLDER

Male Householders

$ 87,051

$ 88,833

$ 86,790

$ 88,614

$ 93,962

$ 91,161

$89,097

$ 88,094

$85,110

$85,917

$ 86,546

$ 82,190

$ 76,039

$ 74,080

$ 77,856

$ 82,371

Female Householders

$ 58,201

$ 59,643

$ 59,814

$ 63,215

$ 66,925

$ 60,770

$56,318

$ 58,126

$56,450

$52,025

$ 52,081

$ 51,761

$ 53,413

$ 56,025

$ 54,034

$ 55,677

TENURE

Owner

$ 95,005

$ 95,799

$ 94,830

$ 98,092

$ 103,697

$ 99,935

$95,487

$ 93,730

$91,099

$91,919

$ 91,664

$ 86,489

$ 86,031

$ 89,408

$ 90,538

$ 91,528

Renter

$ 44,969

$ 45,758

$ 41,897

$ 43,126

$ 47,501

$ 45,912

$44,837

$ 46,010

$44,574

$41,220

$ 36,710

$ 34,129

$ 37,354

$ 42,838

$ 42,773

$ 40,180

United States

ALL HOUSEHOLDS

$ 58,149

$ 57,763

$ 57,677

$ 57,893

$ 58,417

$ 59,075

$58,414

$ 57,175

$56,275

$55,050

$ 54,480

$ 54,528

$ 55,058

$ 56,905

$ 57,954

$ 58,210

RACE of HOUSEHOLDER

White

$ 61,600

$ 61,151

$ 60,738

$ 60,819

$ 61,335

$ 61,699

$60,692

$ 59,510

$58,811

$57,574

$ 57,088

$ 57,704

$ 57,527

$ 59,507

$ 61,294

$ 61,629

Black

$ 40,110

$ 39,453

$ 39,250

$ 38,857

$ 38,762

$ 39,462

$39,500

$ 38,078

$36,630

$35,572

$ 35,307

$ 35,939

$ 36,308

$ 35,700

$ 36,428

$ 36,482

Hispanic origin

$ 46,976

$ 44,529

$ 44,215

$ 44,755

$ 45,506

$ 45,838

$44,466

$ 43,321

$42,938

$42,240

$ 41,849

$ 42,359

$ 42,258

$ 44,038

$ 46,302

$ 46,958

SEX of HOUSEHOLDER

Male Householders

$ 69,367

$ 68,430

$ 67,713

$ 67,525

$ 67,917

$ 68,895

$68,424

$ 66,491

$65,140

$63,858

$ 63,400

$ 63,701

$ 64,199

$ 66,303

$ 67,539

$ 68,235

Female Householders

$ 47,179

$ 47,616

$ 47,525

$ 47,600

$ 48,281

$ 48,803

$48,120

$ 47,332

$46,720

$45,746

$ 45,413

$ 46,174

$ 46,764

$ 47,831

$ 48,900

$ 48,716

TENURE

Owner

$ 71,353

$ 71,330

$ 71,366

$ 71,447

$ 72,332

$ 72,984

$71,936

$ 70,712

$69,922

$68,684

$ 68,266

$ 68,430

$ 69,164

$ 71,662

$ 72,860

$ 72,910

Renter

$ 38,419

$ 37,030

$ 36,161

$ 35,934

$ 36,551

$ 37,238

$36,678

$ 35,904

$35,167

$34,504

$ 34,451

$ 35,413

$ 36,303

$ 36,224

$ 37,393

$ 38,566

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 : NJ Dept of Labor & Workforce Dev., Div. of Economic & Demographic Research, 10/2018.