Income & Economy in New Vernon, NJ

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

Income Overview

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

Median Household Income

N/A

Per Capita Income

$108,632

+192% vs national

Poverty Rate

11.6%

-14% vs national

Gini Index

0.6064

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

0.0%

of households

How New Vernon Compares

Source: Census ACS (2023)
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Where Do You Stack Up?

Enter your household income to see how you compare to other households in New Vernon.

$

Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
16.1%
$25-50K
3.2%
$50-75K
21.3%
$100-150K
16.8%
$200K+
42.6%

Employment Snapshot

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

Unemployment Rate

0.0%

-100% vs NJ avg

Labor Force

298

Employed

298

Mean Commute

31 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+

50.6%

of adults 25+

High School Diploma+

55.6%

of adults 25+

Median Age

50.2

Work from Home

14.6%

of workers

The median household income in New Vernon, NJ is N/A. Per capita income is $108,632. The poverty rate of 11.6% is higher than the NJ state average of 7.7%. The Gini index of income inequality is 0.6064, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 5.7%. 50.6% of adults hold a bachelor's degree or higher. The average commute time is 31 minutes, with 14.6% working from home.