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New Jersey state Economy Profile



QuickFacts


 New Jersey United States
StateNew Jersey
Total population8,414,350 281,421,906
Male4,082,813138,053,563
Female4,331,537143,368,343
Median age (years)36.735.3
Total households3,064,645105,480,101
Median household income (dollars)55,14641,994

New Jersey state Economy

sixty-four point two three percent of people are in the labor force of New Jersey. The total population of New Jersey is eight million, four hundred and fourteen thousand, three hundred and fifty people. Per capita income in New Jersey is equal to $27,006. On an average, male full-time, year-round workers in New Jersey, receive forty-six thousand, three hundred and sixty-eight dollars, female full-time, year-round workers in New Jersey, are paid $33,081. There are 72,261 families with female householder, no husband present.

Self-employed workers in own not incorporated business make up five percent of workers in New Jersey. 80.85% comprise private wage and salary workers in New Jersey. There are 8,455 Unpaid family workers in New Jersey. 179,481 people are involved in public administration. 19.83% of workers provide educational, health and social services in New Jersey. The percentage of people involved into transportation and warehousing, and utilities in New Jersey is as follows: 5.94%.

 New Jersey %, New Jersey United States
Population 16 years and over6,546,155  217,168,077
In labor force4,204,393 64.23%63.92%
- Civilian labor force4,193,145 64.06%63.39%
- - Employed3,950,029 60.34%59.73%
- - Unemployed243,116 3.71%3.66%
- - - Percent of civilian labor force5.8  5.8
- Armed Forces11,248 0.17%0.53%
Not in labor force2,341,762 35.77%36.08%
 
Females 16 years and over3,425,212 52.32%51.66%
In labor force1,969,606 30.09%29.72%
- Civilian labor force1,967,820 30.06%29.65%
- - Employed1,851,172 28.28%27.92%
 
Own children under 6 years647,086 9.88%10.05%
All parents in family in labor force362,264  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over3,876,433  128,279,228
Car, truck, or van -- drove alone2,828,303 72.96%75.7%
Car, truck, or van -- carpooled412,299 10.64%12.19%
Public transportation (including taxicab)371,514 9.58%4.73%
Walked121,305 3.13%2.93%
Other means36,456 0.94%1.19%
Worked at home106,556 2.75%3.26%
Mean travel time to work (minutes)30.0  25.5
 
Employed civilian population 16 years and over3,950,029  129,721,512
 
OCCUPATION
Management, professional, and related occupations1,501,037 38.0%33.65%
Service occupations538,952 13.64%14.86%
Sales and office occupations1,123,921 28.45%26.69%
Farming, fishing, and forestry occupations6,963 0.18%0.73%
Construction, extraction, and maintenance occupations306,196 7.75%9.45%
Production, transportation, and material moving occupations472,960 11.97%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining12,618 0.32%1.87%
Construction220,817 5.59%6.78%
Manufacturing472,684 11.97%14.1%
Wholesale trade173,166 4.38%3.6%
Retail trade447,346 11.33%11.73%
Transportation and warehousing, and utilities234,801 5.94%5.2%
Information173,865 4.4%3.08%
Finance, insurance, real estate, and rental and leasing352,722 8.93%6.89%
Professional, scientific, management, administrative, and waste management services453,842 11.49%9.3%
Educational, health and social services783,137 19.83%19.92%
Arts, entertainment, recreation, accommodation and food services271,864 6.88%7.87%
Other services (except public administration)173,686 4.4%4.87%
Public administration179,481 4.54%4.79%
 
CLASS OF WORKER
Private wage and salary workers3,193,469 80.85%78.47%
Government workers550,441 13.94%14.59%
Self-employed workers in own not incorporated business197,664 5.0%6.63%
Unpaid family workers8,455 0.21%0.31%
 New Jersey %, New Jersey United States
INCOME IN 1999
Households3,065,774  105,539,122
Less than $10,000213,939 6.98%9.54%
$10,000 to $14,999143,783 4.69%6.31%
$15,000 to $24,999288,606 9.41%12.83%
$25,000 to $34,999305,449 9.96%12.81%
$35,000 to $49,999437,373 14.27%16.53%
$50,000 to $74,999608,244 19.84%19.46%
$75,000 to $99,999413,928 13.5%10.23%
$100,000 to $149,999391,123 12.76%7.72%
$150,000 to $199,999130,492 4.26%2.2%
$200,000 or more132,837 4.33%2.37%
Median household income (dollars)55,146  41,994
With earnings2,495,571 38.12%39.12%
- Mean earnings (dollars)74,719  56,604
With Social Security income823,796 12.58%12.47%
- Mean Social Security income (dollars)12,274  11,320
With Supplemental Security Income108,564 1.66%2.13%
- Mean Supplemental Security Income (dollars)6,631  6,320
With public assistance income86,704 1.32%1.67%
- Mean public assistance income (dollars)3,162  3,032
With retirement income523,223 7.99%8.13%
- Mean retirement income (dollars)17,406  17,376
 
Families2,167,577  72,261,780
Less than $10,00088,844 4.1%5.75%
$10,000 to $14,99958,500 2.7%4.31%
$15,000 to $24,999156,939 7.24%10.74%
$25,000 to $34,999189,840 8.76%12.02%
$35,000 to $49,999293,442 13.54%17.13%
$50,000 to $74,999463,743 21.39%22.32%
$75,000 to $99,999342,115 15.78%12.47%
$100,000 to $149,999340,376 15.7%9.6%
$150,000 to $199,999115,666 5.34%2.75%
$200,000 or more118,112 5.45%2.92%
Median family income (dollars)65,370  50,046
 
Per capita income (dollars)27,006  21,587
Median earnings (dollars):
Male full-time, year-round workers46,368  37,057
Female full-time, year-round workers33,081  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families135,549  6,620,945
With related children under 18 years103,899 76.65%77.87%
- With related children under 5 years48,730 35.95%38.7%
 
Families with female householder, no husband present72,261  3,315,916
With related children under 18 years62,646 86.69%88.68%
- With related children under 5 years27,787 38.45%42.27%
 
Individuals699,668  33,899,812
18 years and over471,914 67.45%65.35%
- 65 years and over83,336 11.91%9.7%
Related children under 18 years220,991 31.59%33.59%
- Related children 5 to 17 years157,947 22.57%23.52%
Unrelated individuals 15 years and over233,015 33.3%31.63%
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The data is taken from www.census.gov reports.