| Table 14. Median Family Income by Selected Family Characteristics: New Jersey, 2002 to 2011 | ||||||||||||||
| (Family Totals in Thousands) (Income in 2011 dollars) | ||||||||||||||
| Two-year | 2002-2003 | 2003-2004 | 2004-2005 | 2005-2006 | 2006-2007 | |||||||||
| Moving Average | Number | Number | Number | Number | Number | |||||||||
| of | Median | of | Median | of | Median | of | Median | of | Median | |||||
| Family Characteristics | Families | Income | Families | Income | Families | Income | Families | Income | Families | Income | ||||
| ALL FAMILIES | 2,259 | $86,832 | 2,243 | $86,941 | 2,268 | $89,092 | 2,296 | $91,503 | 2,246 | $89,154 | ||||
| RACE | ||||||||||||||
| White Family | 1,791 | $90,632 | 1,782 | $91,624 | 1,809 | $94,238 | 1,798 | $95,513 | 1,722 | $93,959 | ||||
| Black Family | 289 | $53,222 | 286 | $51,791 | 289 | $56,871 | 293 | $54,977 | 286 | $50,162 | ||||
| Hispanic Family | 271 | $55,388 | 275 | $48,401 | 319 | $47,362 | 351 | $50,174 | 340 | $53,081 | ||||
| LABOR FORCE MEMBERS | ||||||||||||||
| Families with no Labor- | ||||||||||||||
| Force Member | 300 | $30,074 | 274 | $30,408 | 280 | $32,696 | 267 | $32,859 | 263 | $30,229 | ||||
| Families with 1 Labor- | ||||||||||||||
| Force Member | 670 | $67,026 | 701 | $66,074 | 678 | $68,435 | 688 | $67,280 | 694 | $59,773 | ||||
| Families with 2 Labor- | ||||||||||||||
| Force Members | 1,014 | $109,137 | 971 | $111,535 | 979 | $110,536 | 1,011 | $109,887 | 989 | $111,880 | ||||
| Families with 3 or more | ||||||||||||||
| Labor-Force Members | 276 | $126,130 | 297 | $122,227 | 332 | $118,872 | 330 | $122,873 | 299 | $127,595 | ||||
| DEMOGRAPHICS | ||||||||||||||
| Married-Couple Families | 1,727 | $99,969 | 1,727 | $101,500 | 1,739 | $102,684 | 1,745 | $104,488 | 1,699 | $104,250 | ||||
| Married-Couple Families: | ||||||||||||||
| Spouse in Labor Force | 1,190 | $116,606 | 1,172 | $115,594 | 1,202 | $115,811 | 1,240 | $118,665 | 1,197 | $120,423 | ||||
| Married-Couple Families: | ||||||||||||||
| Spouse not in Labor Force | 537 | $59,811 | 555 | $62,626 | 537 | $64,437 | 505 | $64,270 | 501 | $61,340 | ||||
| Female-Householder | ||||||||||||||
| Families (Spouse Absent) | 403 | $46,397 | 370 | $47,921 | 381 | $47,443 | 412 | $44,428 | 420 | $40,838 | ||||
| EDUCATION (HOUSEHOLDER | ||||||||||||||
| 25 YEARS AND OVER) | ||||||||||||||
| Less than High School | 269 | $37,171 | 252 | $35,199 | 267 | $38,229 | 269 | $40,783 | 241 | $40,981 | ||||
| High School Diploma | 732 | $70,377 | 704 | $68,716 | 662 | $68,601 | 650 | $71,466 | 659 | $67,486 | ||||
| Some college/Asso. degree | 458 | $84,744 | 458 | $82,685 | 479 | $82,660 | 486 | $83,347 | 450 | $80,794 | ||||
| College degree or higher | 800 | $126,431 | 829 | $123,294 | 860 | $130,976 | 892 | $138,561 | 897 | $132,669 | ||||
| Continued… | ||||||||||||||
| Table 14. Median Family Income by Selected Family Characteristics: New Jersey, 2002 to 2011 | ||||||||||||||
| (Family Totals in Thousands) (Income in 2011 dollars) (Cont.) | ||||||||||||||
| Two-year | 2007-2008 | 2008-2009 | 2009-2010 | 2010-2011 | ||||||||||
| Moving Average | Number | Number | Number | Number | ||||||||||
| of | Median | of | Median | of | Median | of | Median | |||||||
| Family Characteristics | Families | Income | Families | Income | Families | Income | Families | Income | ||||||
| ALL FAMILIES | 2,188 | $87,682 | 2,232 | $85,199 | 2,218 | $81,225 | 2,176 | $80,163 | ||||||
| RACE | ||||||||||||||
| White Family | 1,672 | $93,287 | 1,713 | $91,158 | 1,712 | $88,078 | 1,675 | $84,921 | ||||||
| Black Family | 273 | $47,928 | 283 | $47,558 | 296 | $49,267 | 296 | $48,884 | ||||||
| Hispanic Family | 333 | $51,584 | 345 | $51,314 | 359 | $53,337 | 372 | $46,635 | ||||||
| LABOR FORCE MEMBERS | ||||||||||||||
| Families with no Labor- | ||||||||||||||
| Force Member | 269 | $29,731 | 255 | $31,191 | 252 | $29,381 | 281 | $31,997 | ||||||
| Families with 1 Labor- | ||||||||||||||
| Force Member | 675 | $62,369 | 681 | $64,334 | 660 | $59,279 | 634 | $57,311 | ||||||
| Families with 2 Labor- | ||||||||||||||
| Force Members | 945 | $110,850 | 994 | $103,880 | 995 | $99,774 | 931 | $101,367 | ||||||
| Families with 3 or more | ||||||||||||||
| Labor-Force Members | 296 | $131,932 | 301 | $128,310 | 311 | $119,521 | 330 | $112,998 | ||||||
| DEMOGRAPHICS | ||||||||||||||
| Married-Couple Families | 1,642 | $104,382 | 1,654 | $105,381 | 1,630 | $102,302 | 1,577 | $97,046 | ||||||
| Married-Couple Families: | ||||||||||||||
| Spouse in Labor Force | 1,150 | $120,358 | 1,166 | $120,944 | 1,155 | $112,157 | 1,099 | $107,641 | ||||||
| Married-Couple Families: | ||||||||||||||
| Spouse not in Labor Force | 489 | $65,955 | 487 | $70,218 | 475 | $61,843 | 478 | $58,151 | ||||||
| Female-Householder | ||||||||||||||
| Families (Spouse Absent) | 405 | $38,536 | 402 | $39,218 | 415 | $39,356 | 431 | $37,647 | ||||||
| EDUCATION (HOUSEHOLDER | ||||||||||||||
| 25 YEARS AND OVER) | ||||||||||||||
| Less than High School | 218 | $42,536 | 206 | $42,002 | 190 | $36,984 | 183 | $31,829 | ||||||
| High School Diploma | 647 | $61,261 | 663 | $59,822 | 658 | $57,166 | 626 | $54,624 | ||||||
| Some college/Asso. degree | 434 | $79,780 | 467 | $77,696 | 501 | $76,720 | 483 | $76,614 | ||||||
| College degree or higher | 889 | $127,566 | 897 | $128,321 | 869 | $129,953 | 883 | $123,387 | ||||||
| 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 2012. | ||||||||||||||
| Prepared by : NJ Dept of Labor & Workforce Development, Div. of Labor Market & Demographic Research, 12/12. | ||||||||||||||