Tag:

Median Household Income

This Is NJ's Richest Town, New Rankings Say This Is NJ's Richest Town, New Rankings Say
This Is NJ's Richest Town, New Rankings Say One borough in Bergen County is raking in all the dough. According to Stacker.com, Ho-Ho-Kus was named New Jersey's richest municipality with at least 1,000 people, citing the Census Bureau American Community Survey Five-Year Data.  Ho-Ho-Kus has a median household income of $250,000, with workers earning a median of $109,922. The borough has an unemployment rate of 2% with 0% of families living below the poverty line. "Ho-Ho-Kus provides a small-town getaway without sacrificing the economic benefits and amenities of a big city," Stacker.com wrote.  To view the list, click here.
RANKINGS: Wealthiest Towns In Morris County According To Census Data RANKINGS: Wealthiest Towns In Morris County According To Census Data
Rankings: Wealthiest Towns In Morris County According To Census Data The median household income in New Jersey is $76,475 -- so how do Morris County towns factor in? According to data from the U.S. Census covering 2013 through 2017 released last year, several communities in Bergen and Passaic have some of the highest earners in the state. The median income in Morris County was $107,034. Median income is the amount that divides the income distribution into two equal groups: Half of the population has an income above that amount, and half are below it.  8. Long Hill: $133,269 7. Montville: $134,752 6. Washington Township: $140,445 5…