Kearny, New Jersey Income Statistics
Kearny 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
Kearny Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Kearny | New Jersey Avg | US Average |
|---|---|---|---|
| Median Household Income | $79,552 | $103,817 | $80,455 |
| Median Personal Income | $56,417 | $76,200 | $60,758 |
| Average Yearly Income Growth | 3.3% | 4.4% | 4.8% |
| Six-Figure Earners | 10.6% | 19.9% | 13.9% |
| $200k+ Households | 9.5% | 21.6% | 13.2% |
The median household income in Kearny is about 23% lower than in New Jersey. Income has been growing slower in Kearny (3.3%/yr) than in New Jersey (4.4%/yr).
About 11% of adults in Kearny 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 Kearny, New Jersey grew by 36.6% from 2009 to 2024, reaching $79,552 in 2024. That's an average of about 3.3% per year.
Income Inequality and the Gender Pay Gap in Kearny
| Metric | Kearny | New Jersey Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.570 | 0.544 | 0.552 |
| Male Median Income | $63,804 | $87,197 | $69,667 |
| Female Median Income | $57,888 | $70,502 | $56,850 |
| Gender Pay Gap | 9.3% | 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 Kearny, it is 0.570, higher than New Jersey's 0.544, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 10% more than women's income in Kearny, New Jersey. Over a 35-year career, a 10% wage gap accumulates to roughly $207,060 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Kearny, New Jersey has narrowed from about 25% to 9% in 2024. Over that period the gap was narrowest at 3% in 2017. In dollar terms, the gap has narrowed by $5,809 since 2009.
Employment
| Metric | Kearny | New Jersey Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.6% | 6.3% | 5.2% |
| Working from Home | 5.9% | 16.8% | 15.0% |
| Commute time (minutes) | 30 | 26 | 22 |
Approximately 1,473 people are unemployed in Kearny, New Jersey.
The average commute time in Kearny is 30 minutes, longer than the 26 minutes in New Jersey.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Kearny, New Jersey has fallen from 11.5% to 6.6% in 2024. Over that period the rate peaked at 14.9% in 2013 and fell as low as 4.6% in 2019.
Kearny, NJ Wealth Compared With Nearby Cities
Kearny, NJ is the 2nd largest of the 4 cities compared here, 40,646 residents against a local median of 21,687. Kearny, NJ's income growth, at 3.3%/yr, runs 44% below the 5.9%/yr typical of the cities around it. That is the weaker end of the local range on this measure.
Unemployment tells the same story from another angle: 6.6% against a local median of 5.6%, 18% above it. Every measure here with a clear better direction points the same way, and it is the wrong way: Kearny, NJ reads weaker than its neighbours on all of them. The cities themselves spread 1.5%/yr on income growth, so Kearny, NJ sits at one end of an already wide local range rather than apart from it. Kearny, NJ has the 4th highest income growth of the 4 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Kearny, NJ | 40,646 | $79,552 #3/4 | 3.3%/yr #4/4 | 6.6% #3/4 | 0.570 #3/4 |
| Harrison, NJ | 20,334 | $93,692 | 6.1%/yr | 5.2% | 0.525 |
| Newark, NJ | 309,652 | $52,688 | 5.9%/yr | 11.6% | 0.593 |
| Secaucus, NJ | 21,687 | $135,242 | 4.6%/yr | 5.6% | 0.499 |
Conclusion
Considering all these factors, Kearny, 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 Kearny, New Jersey.
How Rich Is Kearny, New Jersey?
Kearny 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 $79,552, about 23% lower than the New Jersey average of $103,817.
How fast is household income rising in Kearny, New Jersey?
Between 2009 and 2024, the median household income in Kearny, New Jersey rose 37%, from $58,254 to $79,552. Over the same years, income here lagged behind New Jersey as a whole: +37% against +50%.
What was the median household income in Kearny in 2023?
In 2023, the median household income in Kearny, New Jersey was $83,067, up 1% from $82,646 in 2022. The New Jersey median that year was $101,191.
What was the median household income in Kearny in 2020?
In 2020, the median household income in Kearny, New Jersey was $73,100. By 2024 it had risen 9% to $79,552.
What is the Gini coefficient in Kearny, New Jersey?
The Gini coefficient in Kearny is 0.570. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Kearny, New Jersey?
Since 2009, the income gap between men and women in Kearny, New Jersey has narrowed from about 25% to 9% in 2024. Over that period the gap was narrowest at 3% in 2017. In dollar terms, the gap has narrowed by $5,809 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →