state

New Jersey

Demographic and economic profile of New Jersey, sourced from the US Census Bureau (American Community Survey).

Population

9,500,851

Data USA · as of 2024

Median Household Income

$101,050

Census ACS · as of 2023

Median Age

40.1 yrs

Data USA · as of 2024

Population Growth (5-year)

+4.3% since 2018

New Jersey added population at this rate over the prior 5-year ACS5 window.

Demographics

Race & Ethnicity

  • White Alone5,276,142 (56.9%)
  • Black or African American Alone1,201,053 (13.0%)
  • Two or More Races978,591 (10.6%)
  • Asian Alone918,644 (9.9%)
  • Some Other Race Alone848,026 (9.2%)
  • American Indian & Alaska Native Alone41,900 (0.5%)

Census ACS · as of 2023

Top Languages Spoken at Home

  1. 1.Spanish1,482,123
  2. 2.Other Indo-European482,443
  3. 3.Russian, Polish, or other Slavic148,170
  4. 4.Other Asian and Pacific Island136,965
  5. 5.Chinese (incl. Mandarin, Cantonese)126,060

Census ACS · as of 2023

Population Under 18

21.9%

Census ACS · as of 2023

Working-Age (18–64)

61.2%

Census ACS · as of 2023

Population 65 and Over

16.8%

Census ACS · as of 2023

Foreign-Born Population

23.5%

Census ACS · as of 2023

Veterans

285,835

Census ACS · as of 2023

Economy

GDP per Capita

$69,712

Data USA · as of 2023

Cost of Living Index

108.9 (US=100)

Data USA · as of 2023

Per Capita Income

$53,118

Census ACS · as of 2023

Unemployment Rate

6.2%

Census ACS · as of 2023

Poverty Rate

9.8%

Census ACS · as of 2023

Top Industries

  1. 1.Educational Services & Health Care1,123,151
  2. 2.Professional, Scientific, & Management662,154
  3. 3.Retail Trade485,852
  4. 4.Finance, Insurance, & Real Estate401,128
  5. 5.Manufacturing378,966

Census ACS · as of 2023

Top Occupations

  1. 1.Management, Business, Science, & Arts Occupations2,178,058
  2. 2.Sales & Office Occupations930,463
  3. 3.Service Occupations689,308
  4. 4.Production, Transportation, & Material Moving Occupations526,430
  5. 5.Natural Resources, Construction, & Maintenance Occupations320,511

Census ACS · as of 2023

Specialized Industries (Location Quotient)

  1. 1.Information (LQ 1.36×)118,752
  2. 2.Finance, Insurance, & Real Estate (LQ 1.29×)401,128
  3. 3.Wholesale Trade (LQ 1.27×)135,591
  4. 4.Professional, Scientific, & Management (LQ 1.15×)662,154
  5. 5.Transportation, Warehousing, & Utilities (LQ 1.13×)306,213

Census ACS · as of 2023

Housing

Median Home Value

$427,600

Census ACS · as of 2023

Median Gross Rent

$1,653/mo

Census ACS · as of 2023

Homeownership Rate

63.7%

Census ACS · as of 2023

Home Value Distribution

  • $500,000 to $749,999509,100 (23.0%)
  • $300,000 to $399,999388,000 (17.5%)
  • $400,000 to $499,999361,442 (16.3%)
  • $750,000 to $999,999190,187 (8.6%)
  • $250,000 to $299,999188,986 (8.5%)
  • $200,000 to $249,999160,462 (7.2%)

Census ACS · as of 2023

Education

Bachelor's Degree or Higher

42.9%

Census ACS · as of 2023

High School Diploma or Higher

90.7%

Census ACS · as of 2023

Workforce

Labor Force Participation

66.3%

Census ACS · as of 2023

Median Worker Earnings

$53,737

Census ACS · as of 2023

Mean Commute Time

30.9 min

Census ACS · as of 2023

Households Without a Vehicle

11.3%

Census ACS · as of 2023

How People Get to Work

  • Drove Alone2,894,952 (63.7%)
  • Worked at Home683,255 (15.0%)
  • Public Transit387,422 (8.5%)
  • Carpooled347,524 (7.7%)
  • Walked118,022 (2.6%)
  • Taxi, Motorcycle, or Other97,499 (2.1%)

Census ACS · as of 2023

More on FDI Connect

Compare New Jersey against other US geographies, save it to your shortlist, see active property listings on the interactive map, and unlock the full demographic dashboard.

Data: US Census Bureau American Community Survey, served via Data USA and the Census Bureau API. See each metric tile for the specific dataset.