Table 15.  Median Household Income by Selected Household Characteristics: New Jersey, 2001 to 2016
                  (Household Totals in Thousands)  (Income in 2016 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  
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 
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 
ALL HOUSEHOLDS 3,165 $72,807 3,245 $73,913 3,218 $72,258 3,213 $74,412 3,188 $79,202 3,177 $74,856 3,214 $70,867 3,203 $72,078 3,199 $70,485 3,203 $67,357 3,188 $67,434 3,233 $66,134 3,294 $64,481 3,314 $66,077 $3,419 $66,145
  SEX
Male Householder 1,729 $85,447 1,707 $87,195 1,688 $85,199 1,653 $86,980 1,622 $92,230 1,606 $89,480 1,608 $87,454 1,621 $86,470 1,621 $83,541 1,598 $84,333 1,633 $84,950 1,677 $80,675 1,681 $74,637 1,702 $72,714 1,764 $76,421
Female Householder 1,517 $57,128 1,511 $58,544 1,525 $58,711 1,535 $62,050 1,554 $65,691 1,607 $59,650 1,595 $55,280 1,578 $57,054 1,604 $55,409 1,590 $51,066 1,600 $51,121 1,617 $50,806 1,633 $52,428 1,662 $54,492 1,655 $53,037
  RACE
White Households 2,583 $76,854 2,560 $77,401 2,572 $75,875 2,561 $79,639 2,498 $84,633 2,470 $80,641 2,453 $76,973 2,478 $77,093 2,502 $75,054 2,472 $71,764 2,503 $71,872 2,518 $68,890 2,491 $67,624 2,509 $68,598 2,554 $67,572
Black Households 456 $45,566 446 $48,204 430 $47,801 416 $52,580 429 $51,688 460 $42,668 456 $42,818 440 $43,301 450 $39,391 457 $38,383 458 $40,165 482 $40,081 503 $41,656 504 $43,155 504 $40,846
Hispanic Households 330 $52,745 341 $53,851 356 $48,079 402 $49,975 419 $54,689 428 $54,785 441 $51,654 451 $53,119 460 $54,728 470 $47,571 509 $42,816 506 $42,500 487 $41,933 523 $42,055 543 $40,983
  TENURE
Owner Households 2,148 $93,253 2,164 $94,033 2,233 $85,199 2,243 $96,283 2,200 $101,786 2,197 $98,092 2,177 $93,727 2,178 $92,002 2,146 $89,419 2,072 $90,225 2,109 $89,974 2,173 $84,894 2,128 $84,445 2,081 $87,760 2,110 $88,869
Renter Households 1,054 $44,140 1,054 $44,914 980 $58,711 946 $42,330 977 $46,626 1,017 $45,066 1,026 $44,011 1,021 $45,162 1,057 $43,752 1,116 $40,460 1,125 $36,033 1,121 $33,500 1,186 $36,666 1,282 $42,049 1,310 $41,985
  AGE
Householder Under 65 2,498 $87,296 2,515 $89,221 2,517 $86,843 2,494 $90,268 2,496 $94,571 2,507 $89,710 2,490 $85,284 2,502 $84,394 2,502 $82,391 2,414 $79,715 2,433 $78,432 2,502 $75,458 2,532 $72,681 2,533 $72,659 2,532 $74,800
Householder 65 & over 747 $33,970 703 $31,049 696 $31,172 694 $32,343 680 $34,145 707 $32,790 714 $33,618 697 $36,893 722 $35,996 775 $39,143 800 $44,214 792 $41,949 783 $43,013 830 $47,397 887 $42,357
  EDUCATION OF
  HOUSEHOLDER
Less than High School 464 $32,156 440 $30,167 427 $28,777 421 $32,063 394 $35,283 368 $33,306 366 $32,987 348 $29,214 318 $29,214 315 $26,040 330 $25,843 326 $26,601 303 $26,814 281 $28,000 254 $28,419
High School Diploma 1,044 $57,519 1,063 $54,727 1,040 $53,810 975 $57,095 950 $60,360 992 $53,852 994 $48,979 992 $51,600 1,000 $49,269 951 $45,716 924 $46,611 927 $48,424 956 $47,314 1,000 $45,017 1,017 $43,047
Some College/Associate degree 677 $76,022 638 $76,048 627 $73,106 642 $74,031 652 $79,205 621 $74,524 612 $68,039 658 $68,092 705 $67,885 713 $64,112 714 $64,564 782 $59,579 785 $53,993 738 $57,589 767 $58,201
Bachelor's Degree  or Higher 1,060 $119,585 1,077 $119,023 1,120 $120,594 1,150 $124,706 1,181 $125,127 1,233 $117,437 1,231 $114,304 1,201 $115,844 1,181 $114,325 1,209 $110,851 1,266 $109,026 1,260 $107,338 1,270 $105,435 1,344 $108,259 1,382 $107,409
  HOUSEHOLD SIZE
1-Person Households 790 $29,995 800 $29,165 830 $29,418 795 $33,032 744 $34,485 814 $31,943 861 $32,596 861 $33,879 828 $31,677 825 $29,751 842 $28,216 926 $27,538 925 $29,894 904 $31,604 962 $28,103
2-Person Households 1,022 $70,385 993 $73,998 955 $76,245 922 $74,138 968 $79,053 968 $79,185 921 $78,606 921 $77,995 970 $72,427 956 $68,067 962 $68,288 918 $69,372 889 $65,912 980 $64,250 1,045 $69,379
3-Person Households 569 $93,215 550 $97,597 511 $92,591 539 $95,178 531 $105,782 556 $100,299 564 $94,764 564 $90,810 543 $88,542 580 $87,800 595 $87,655 607 $83,535 633 $85,772 569 $94,604 558 $91,775
4-Person Households 540 $108,941 546 $107,389 571 $109,072 578 $111,275 593 $113,112 560 $112,065 513 $114,846 513 $112,391 508 $110,234 505 $110,936 514 $109,338 517 $110,691 533 $105,374 552 $101,730 516 $107,000
5 or More Person Households 324 $114,122 329 $112,395 346 $110,431 354 $112,630 341 $109,184 317 $107,733 343 $105,003 343 $106,904 343 $112,907 321 $110,023 320 $103,414 325 $104,412 334 $105,182 357 $102,010 338 $100,006
Continued…
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 2003 through 2017.
Prepared by : NJ Dept of Labor & Workforce Development, Div. of Economic & Demographic Research, 10/2017.