Income & Economy in Lower Berkshire Valley, NJ

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$99,957

+37% vs national

Per Capita Income

$61,394

+65% vs national

Poverty Rate

6.4%

-53% vs national

Gini Index

0.3859

0 = perfect equality

Unemployment

5.7%

+10% vs national

SNAP Recipients

0.0%

of households

How Lower Berkshire Valley Compares

Source: Census ACS (2023)

Lower Berkshire Valley vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lower Berkshire Valley is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Lower Berkshire Valley. The median household income here is $99,957.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
$25-50K
10.2%
$50-75K
6.3%
$75-100K
33.7%
$100-150K
21.9%
$150-200K
3.4%
$200K+
24.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

5.7%

0% vs NJ avg

Labor Force

316

Employed

298

Mean Commute

46 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

36.3%

of adults 25+

High School Diploma+

55.1%

of adults 25+

Median Age

52.8

Work from Home

16.1%

of workers

The median household income in Lower Berkshire Valley, NJ is $99,957, which is 36.5% above the national average of $73,224. Per capita income is $61,394. The poverty rate of 6.4% is lower than the NJ state average of 7.7%. The Gini index of income inequality is 0.3859, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.7%, compared to the state average of 5.7%. 36.3% of adults hold a bachelor's degree or higher. The average commute time is 46 minutes, with 16.1% working from home.