What is the poorest county in NJ?
The lowest median incomes were in South Jersey with Cumberland and Atlantic counties both below $40,000 a year, according to the 2021 census figures.
A new study from financial information site SmartAsset has calculated the wealthiest counties in New Jersey — and the country — with Somerset County coming in at No. 1 for the Garden State.
Camden, the poorest city in the state, has a poverty rate of 35.5%. Other poor areas are the cities across the Hudson River from New York City, including Newark, Paterson, and Passaic.
Rank | City | Mean Household Income |
---|---|---|
1 | Rockleigh | $413,309 |
2 | Saddle River | $330,303 |
3 | Short Hills | $428,352 |
4 | Rumson | $386,279 |
Rank | County / Parish | State |
---|---|---|
1 | Crowley County | Colorado |
2 | Wheeler County | Georgia |
3 | Issaquena County | Mississippi |
4 | Union County | Florida |
- Duncan MacMillan (Forbes via Duncan MacMillan)
- Larry Robbins (Photo by Arturo Holmes_Getty Images for Tribeca Festival)
- Peter Kellogg (National Sailing Hall of Fame)
- John Overdeck (Brian Ach_Getty Images for Bloomberg)
Four upscale boroughs — Alpine, Cresskill, Franklin Lakes, and Saddle River — are home to a slew of wealthy celebrities living in lavish mansions, sometimes on the same street. It helps that the area is relatively secluded yet still a short drive from New York City.
The counties with the greatest percentage of high-poverty neighborhoods are Essex County, with 22% of its tracts qualifying as high-poverty neighborhoods in 2000, 21% high-poverty neighborhoods in 2012, and 21% high-poverty neighborhoods in 2018, and Passaic County, with 14% high-poverty neighborhoods in 2000, 23% high ...
The federal poverty level is $20,598. Meaning anyone who earns above it does not qualify for federal support programs. But the true poverty level — the minimum a family of three needs to earn in order to get by in New Jersey — is $74,372.
Where Do Millionaires Live In NJ? Millionaires in New Jersey tend to live in affluent communities such as Harding Township, Chatham, Mendham, and Short Hills.
What is the wealthiest school district in NJ?
- Millburn 184783.
- Harding 171331.
- Glen Ridge 170433.
- Mountain Lakes 164432.
- Ho-Ho-Kus 162386.
- Glen Rock 155221.
- Montgomery Township 154309.
- Ridgewood 147823.
Rocco Commisso remains the wealthiest man in New Jersey according to the latest annual ranking of America's richest people by the Forbes 400.
Who? Rocco Commisso, a N.J. resident few seem to know – or know anything about – once again heads the list, with an estimated net worth of $7.8 billion. Commisso lives in Bergen County but works in Chester, New York, where he is the founder and CEO of cable company Mediacom.
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%).
The richest states in the US are New York, Massachusetts, Washington, California, North Dakota, Connecticut, Delaware, Alaska, Nebraska, and Illinois. The richest state in America is New York, with a GDP per capita of $96,502.
According to World Population Review, the richest family in the state of New Jersey is the Dorrance family. Of course, this is the family responsible for the invention of condensed soup, and stake owners in Campbell's Soup.
To be in the top 20% of earners, you need to make $181,484 annually, which is the second highest in the US. To be in the top 5%, you need to make at least $250,000 and up, which is tied for the highest threshold in the country. Surprisingly, the income controlled by the top 5% is just 22.9%, which is the 16th highest.
Short Hills, NJ is home to a population of 14.5k people, from which 86% are citizens. As of 2021, 28.9% of Short Hills, NJ residents were born outside of the country (4.19k people). In 2021, there were 1.52 times more White (Non-Hispanic) residents (7.84k people) in Short Hills, NJ than any other race or ethnicity.
Young Tom spent his boyhood always on the move, and by the time he was 14 he had attended 15 different schools in the U.S. and Canada. He finally settled in Glen Ridge, New Jersey with his mother and her new husband.
According to the 2023 Fame Index, Jack Nicholson is the most recognized celebrity from New Jersey, after a survey of which well-known personalities are most familiar to the public. See the other notable names below that made up the top 5 on New Jersey's Fame Index.
Where do rappers live in New Jersey?
Oddly, for such a sedate enclave, famous residents tend to be extrovert entertainers – Chris Rock, P Diddy, Lil' Kim and Mary J Blige all have homes in Alpine.
Where Do Millionaires Live In NJ? Millionaires in New Jersey tend to live in affluent communities such as Harding Township, Chatham, Mendham, and Short Hills.
New Jersey
The threshold to be a top 1% taxpayer in the Garden State is $825,965. For the top 5%, the lower limit sits at $338,884. New Jersey residents within the top 5% account for 55.60% of the state's income taxes, with the top 1% making up 33.58%.
1. New Jersey. New Jersey has a total of three counties among the 15 wealthiest counties in the U.S., according to 2017-2021 Census Bureau figures. Its richest county – Morris County – has a median household income of $123,727.
Located on the state's famous Palisades, a stretch of rocky bluff directly across the Hudson River from Manhattan, Alpine is, more often than not, ranked as the priciest zip code in the state—and it's also the most expensive neighborhood."
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