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A1US GDP 2025 $30.86T│A2Real growth +2.3%│A3CPI, 12 mo to Sep 2026 +3.7%│A4Unemployment 2025 4.3%BEA · BLS · Census — updated October 29, 2026
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NJ!INCOME=SAINC1(34) / RPP

New Jersey: income, population and prices

Personal income is everything residents receive: wages, business and property income, and government benefits. Divided by population it gives income per person; regional price parities show how far a dollar goes in New Jersey.

BEA SAINC1 · SARPP · SARPI
Income per person, 2025$89,720#7 of 51 · 116% of US
Price-adjusted, 2024 (2017 $)$63,142#12 of 51
Price level, 2024 (US = 100)108.8#4 of 51 · #1 = most expensive
Housing costs, 2024 (US = 100)134.3#3 of 51
Fig. 1Income per person, 1990–2025New Jersey and the United States, current dollars
0$25k$50k$75k$100k19901995200020052010201520202025New JerseyUnited States
New JerseyUnited States
YearPersonal incomePopulationPer personvs USReal per personPrice level
2025$856.7B9,548,215$89,720116%——
2024$813.0B9,506,354$85,526116%$63,142108.8
2023$767.2B9,395,315$81,654116%$62,191108.9
2022$720.4B9,298,402$77,470117%$61,405108.8
2021$707.9B9,266,509$76,391118%$64,279109.2
2020$653.3B9,270,476$70,476119%$60,953110.7
2019$625.3B9,259,376$67,532122%$58,774111.2
2018$592.0B9,220,072$64,213120%$56,782111.0
2017$566.4B9,176,713$61,717121%$56,587109.3
2016$545.4B9,122,374$59,791122%$55,887109.1
2015$530.4B9,079,218$58,424122%$55,179109.0
2014$509.5B9,036,406$56,384122%$53,299109.0
2013$488.7B8,987,175$54,381122%$52,221108.8
2012$484.7B8,935,248$54,249123%$52,572109.3
2011$469.4B8,878,245$52,871124%$52,218109.2
2010$449.1B8,809,368$50,975126%$51,821108.8
2009$436.4B8,755,602$49,838127%$50,560111.0
2008$449.5B8,711,090$51,606126%$53,848107.6
2007$435.0B8,677,885$50,133127%——
2006$410.3B8,661,679$47,366125%——
2005$382.7B8,651,974$44,238124%——
2004$369.8B8,634,561$42,825125%——
2003$354.1B8,601,402$41,167126%——
2002$346.0B8,552,643$40,454127%——
2001$341.3B8,492,671$40,189127%——
2000$329.6B8,430,621$39,095128%——
1999$299.7B8,359,592$35,854125%——
1998$286.6B8,287,418$34,580126%——
1997$268.8B8,218,808$32,705126%——
1996$252.6B8,149,596$30,999125%——
1995$238.9B8,083,242$29,555125%——
1994$225.1B8,014,306$28,083125%——
1993$217.4B7,948,915$27,350126%——
1992$210.4B7,880,508$26,699127%——
1991$196.2B7,814,676$25,103125%——
1990$192.2B7,762,963$24,755126%——

BEA: personal income and population (SAINC1), real personal income (SARPI, constant 2017 dollars), regional price parities (SARPP, US = 100).

What prices are made of, 2024

Regional price parities by component: 100 is the national average, 110 means 10% more expensive.

Goods107.1+7.1 vs US2008–2024
Housing (rents)134.3+34.3 vs US2008–2024
Utilities114.2+14.2 vs US2008–2024
Other services103.5+3.5 vs US2008–2024