Facebook Twitter LinkedIn Google Plus RSS

High-income earner? You’re not alone in New Jersey

By

New Jersey is the second-ranked state when it comes to high-income earners, according to a Time report released Friday.

When it comes to households making $150,000 a year or more, the Garden State ranked behind only Washington, D.C., among states (and Districts). Time said 17.5 percent of New Jersey households top the $150,000 mark – but cited the high cost of living as biting into those big bucks. It was a close race for first place, as only 20 percent of District of Columbia households earned $150,000 or more.

Contrast those success stories with the 17 percent of New Jersey households that earn less than $25,000, according to the Time report.

The report was based on U.S. Census data compiled by research engine FindtheBest.

ALSO ON NJBIZ:

Stockton, state officials break ground on $29 million science center expansion

‘Ban-the-box’ bill advanced by Senate panel

CarePoint overhauls hospital leadership teams

Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close
Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!