Question: What Is A Livable Wage In New Jersey?

How many millionaires live NJ?

293,992 millionaireIn New Jersey, there are 293,992 millionaire households, for a ratio to total households of 8.95 percent, according to the Phoenix Marketing International report that tracks high net-worth households.

The state was ranked second in 2017, when it had 258,988..

How much does McDonald’s pay in NJ?

Average McDonald’s Cashier/Sales hourly pay in New Jersey is approximately $8.56, which is 17% below the national average.

What is the average wage in New Jersey?

$58,149 an yearNew Jersey Average As of Nov 2, 2020, the average annual pay for the Average jobs category in New Jersey is $58,149 an year. Just in case you need a simple salary calculator, that works out to be approximately $27.96 an hour. This is the equivalent of $1,118/week or $4,846/month.

What is the cheapest city to live in New Jersey?

Most Affordable Places to Live in New JerseyHightstown.New Brunswick.Phillipsburg.Pompton Lakes.Rahway.Toms River.

What is middle class income in NJ?

The overall average in New Jersey for what is considered to be middle class income for a family of four is between $60,000 and $177,000 a year. According to Rutgers University economist James Hughes, “middle class” can mean many things these days.

Is 90000 a good salary in NJ?

Of those earning between $40,000 and $60,000 a year, 7% consider themselves “rich.” But when it comes to high-earners, those making $90,000 to $150,000 a year, just 9% consider themselves “rich” and 5% actually classify themselves as “poor.” “The higher your income,” the report says, “the higher you set the bar.”

Whats the richest town in NJ?

Glen Ridge ranks the richest of New Jersey towns, study findsThe Center Square. The Center Square. Author email…

Where is the cheapest rent in NJ?

On the other end of the spectrum, the cheapest place to rent in New Jersey was Lindenwold. The Camden County borough of about 17,000 residents, which is about 30 minutes from Philadelphia, cost the average tenant $990/month and was the only place in the state where rents came in below $1,000.

How much does Walmart pay in NJ?

Average Walmart Cashier/Sales hourly pay in New Jersey is approximately $10.90, which is 9% above the national average.

How much money do you need to live comfortably in NJ?

The group, for instance, estimates a family of two adults and two children in Morris County would need to earn a combined $104,121 per year — or $8,677 a month — to live comfortably.

What is considered rich in NJ?

If you have an annual salary of above $250,000, then congratulations, you are considered rich in New Jersey. The Garden State is one of only 8 states that need at least a $250,000 annual salary to be considered rich.

What is the minimum wage in NJ in 2020?

$11 per hourThe law raised the minimum wage to $10 per hour on July 1, 2019 and then to $11 per hour on Jan. 1, 2020.

What is the most common job in New Jersey?

Retail salespeople The most common occupation among New Jerseyans in 2015, with more than 136,000 people in the field, was retail salesperson. That’s 34.9 positions for every 1,000 jobs in the state. Workers in this field earned an average wage of $26,780.

Is 60000 a good salary in New Jersey?

The overall average in New Jersey for what is considered to be middle class income for a family of four is between $60,000 and $177,000 a year. … According to the Pew Analysis, 52 percent of adults in the United States live in middle class households.

Which is the richest county in NJ?

Hunterdon CountyThe richest in New Jersey is the somewhat suburban, mostly rural Hunterdon County in North Jersey (or is it Central Jersey?), according to the financial news and opinion site 24/7 Wall St. Households there make $33,000 more each year than the median in New Jersey.

What is considered a good salary in New Jersey?

New Jersey AverageSalary Range (Percentile)25thAverageAnnual Salary$47,257$63,646Monthly Salary$3,938$5,304Weekly Salary$909$1,2241 more row

What is a good salary for a single person in NJ?

MIT’s Living Wage Calculator lays out how much you need to make in New Jersey to cover not just food but the other essentials, and the numbers show that $8.80 doesn’t cut it. As an average for the whole state, a single adult would need to make $13.72 an hour. If that person had a child, $28.56.

Whats the most dangerous city in NJ?

The FBI names the 10 most dangerous NJ cities for 2020Teterboro 14.71.Trenton 11.62.Asbury Park 11.07.Salem 9.10.Seaside Heights 9.05.Brooklawn 8.40.Bridgeton 8:32.Wildwood 7.94.More items…•

Is 100k a good salary in NJ?

But here’s the glass half full perspective: There are 95 occupations in New Jersey that typically pay $100,000 or more, according to data from the Bureau of Labor Statistics. … A New Jersey household typically brings in $76,126 a year, 30 percent higher than the income of the average American household.

Where do millionaires live in NJ?

07458 (Saddle River) Saddle River is a borough in Bergen County, N.J. As of the 2010 Census, the population came to 3,152. It is one of the wealthiest small municipalities in the U.S as it was ranked the richest suburb nation based on 1989 per capita income.

How much does Costco Pay in NJ?

Average Costco Wholesale hourly pay ranges from approximately $12.89 per hour for Front End Associate to $31.63 per hour for Optician. The average Costco Wholesale salary ranges from approximately $21,680 per year for Front End Associate to $64,995 per year for Optician.