Harrison, New Jersey Income Statistics
Harrison Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
C
Harrison Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Harrison | New Jersey Avg | US Average |
|---|---|---|---|
| Median Household Income | $93,692 | $103,817 | $80,455 |
| Median Personal Income | $65,267 | $76,200 | $60,758 |
| Average Yearly Income Growth | 6.1% | 4.4% | 4.8% |
| Six-Figure Earners | 18.7% | 19.9% | 13.9% |
| $200k+ Households | 15.2% | 21.6% | 13.2% |
The median household income in Harrison is about 10% lower than in New Jersey. Income has been growing faster in Harrison (6.1%/yr) than in New Jersey (4.4%/yr).
About 19% of adults in Harrison earn six figures ($100,000 or more) a year, lower than the New Jersey average of 20%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Harrison, New Jersey grew by 89.5% from 2009 to 2024, reaching $93,692 in 2024. That's an average of about 6.1% per year.
Income Inequality and the Gender Pay Gap in Harrison
| Metric | Harrison | New Jersey Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.525 | 0.544 | 0.552 |
| Male Median Income | $77,592 | $87,197 | $69,667 |
| Female Median Income | $66,826 | $70,502 | $56,850 |
| Gender Pay Gap | 13.9% | 19.1% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Harrison, it is 0.525, lower than New Jersey's 0.544, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 16% more than women's income in Harrison, New Jersey. Over a 35-year career, a 16% wage gap accumulates to roughly $376,810 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Harrison, New Jersey has narrowed from about 26% to 14% in 2024. Over that period the gap was widest at 35% in 2021, and was narrowest at 11% in 2020. In dollar terms, the gap has widened by $467 since 2009.
Employment
| Metric | Harrison | New Jersey Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 6.3% | 5.2% |
| Working from Home | 19.8% | 16.8% | 15.0% |
| Commute time (minutes) | 36 | 26 | 22 |
Approximately 675 people are unemployed in Harrison, New Jersey.
The average commute time in Harrison is 36 minutes, longer than the 26 minutes in New Jersey.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Harrison, New Jersey has fallen from 9.5% to 5.2% in 2024. Over that period the rate peaked at 11.6% in 2013 and fell as low as 4.1% in 2020.
Harrison, NJ Wealth Compared With Nearby Cities
How Harrison, NJ compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Harrison, NJ | 20,334 | $93,692 #1/3 | 6.1%/yr #1/3 | 5.2% #1/3 | 0.525 #1/3 |
| Newark, NJ | 309,652 | $52,688 | 5.9%/yr | 11.6% | 0.593 |
| Kearny, NJ | 40,646 | $79,552 | 3.3%/yr | 6.6% | 0.570 |
Conclusion
Considering all these factors, Harrison, New Jersey has an overall wealth index grade of C, making it somewhat worse than New Jersey, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Harrison, New Jersey.
How Rich Is Harrison, New Jersey?
Harrison has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $93,692, about 10% lower than the New Jersey average of $103,817.
Are incomes growing in Harrison, New Jersey?
Between 2009 and 2024, the median household income in Harrison, New Jersey rose 90%, from $49,430 to $93,692. Over the same years, income here outpaced New Jersey as a whole: +90% against +50%.
What was the median household income in Harrison in 2023?
In 2023, the median household income in Harrison, New Jersey was $83,610, up 13% from $74,005 in 2022. The New Jersey median that year was $101,191.
What was the median household income in Harrison in 2020?
In 2020, the median household income in Harrison, New Jersey was $68,329. By 2024 it had risen 37% to $93,692.
What is the Gini coefficient in Harrison, New Jersey?
The Gini coefficient in Harrison is 0.525. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Harrison, New Jersey?
Since 2009, the income gap between men and women in Harrison, New Jersey has narrowed from about 26% to 14% in 2024. Over that period the gap was widest at 35% in 2021, and was narrowest at 11% in 2020. In dollar terms, the gap has widened by $467 since 2009.
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