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New Jersey’s counties ranked by financial health

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When comparing the financial health of New Jersey’s counties, Hunterdon County is the healthiest place to live in the Garden State, according to a study released by financial technology company SmartAsset.

SmartAsset created a "financial health index" by compiling information on each county’s poverty rate, bankruptcies, unemployment rate and citizens’ debt as a percentage of income to find where residents were most financially healthy.

Hunterdon, with a 5 percent poverty rate, 3.8 unemployment rate, 1.7 bankruptcies per 1,000 and low debt percentage of income received a score of 89.81. The county ranked first in the state and 37th in the nation.

Morris and Somerset landed in the second and third spots, respectively, with similarly high scores and national rankings within the Top 100 across the country.

The Top 5 financially health counties in New Jersey, ranked by SmartAsset:

5. Middlesex
4. Bergen
3. Somerset
2. Morris
1. Hunterdon

The full rankings and more information on SmartAsset’s methodology can be found here.

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Arthur Augustyn

Arthur Augustyn

Arthur Augustyn grew up in Massachusetts and previously covered the video game industry in Los Angeles, city politics in Malibu, California, and local news in Bergen County before working at NJBIZ. He currently covers cannabis, government and tech.

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