Lindenwold, New Jersey Income Statistics
Lindenwold 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.
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D
Lindenwold Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lindenwold | New Jersey Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,910 | $103,817 | $80,455 |
| Median Personal Income | $47,161 | $76,200 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.4% | 4.8% |
| Six-Figure Earners | 4.6% | 19.9% | 13.9% |
| $200k+ Households | 2.2% | 21.6% | 13.2% |
The median household income in Lindenwold is about 46% lower than in New Jersey. Income has been growing faster in Lindenwold (4.7%/yr) than in New Jersey (4.4%/yr).
About 5% of adults in Lindenwold 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 Lindenwold, New Jersey grew by 17.8% from 2009 to 2024, reaching $55,910 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Lindenwold
| Metric | Lindenwold | New Jersey Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.480 | 0.544 | 0.552 |
| Male Median Income | $50,991 | $87,197 | $69,667 |
| Female Median Income | $50,387 | $70,502 | $56,850 |
| Gender Pay Gap | 1.2% | 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 Lindenwold, it is 0.480, 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 1% more than women's income in Lindenwold, New Jersey. Over a 35-year career, a 1% wage gap accumulates to roughly $21,140 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lindenwold, New Jersey has narrowed from about 6% to 1% in 2024. Over that period the gap was widest at 12% in 2021, and in 2017 women out-earned men by 11%. In dollar terms, the gap has narrowed by $1,681 since 2009.
Employment
| Metric | Lindenwold | New Jersey Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 6.3% | 5.2% |
| Working from Home | 6.0% | 16.8% | 15.0% |
| Commute time (minutes) | 23 | 26 | 22 |
Approximately 513 people are unemployed in Lindenwold, New Jersey.
The average commute time in Lindenwold is 23 minutes, shorter than the 26 minutes in New Jersey.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lindenwold, New Jersey has fallen from 12.2% to 4.6% in 2024. Over that period the rate peaked at 14.1% in 2013 and fell as low as 3.5% in 2022.
Conclusion
Considering all these factors, Lindenwold, New Jersey has an overall wealth index grade of D, making it somewhat worse than New Jersey, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lindenwold, New Jersey.
How Rich Is Lindenwold, New Jersey?
Lindenwold has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $55,910, about 46% lower than the New Jersey average of $103,817.
How has median household income changed in Lindenwold, New Jersey?
Between 2009 and 2024, the median household income in Lindenwold, New Jersey rose 18%, from $47,455 to $55,910. Over the same years, income here lagged behind New Jersey as a whole: +18% against +50%.
What was the median household income in Lindenwold in 2023?
In 2023, the median household income in Lindenwold, New Jersey was $55,214, up 3% from $53,742 in 2022. The New Jersey median that year was $101,191.
What was the median household income in Lindenwold in 2020?
In 2020, the median household income in Lindenwold, New Jersey was $46,473. By 2024 it had risen 20% to $55,910.
How strong is the job market in Lindenwold, New Jersey?
Unemployment in Lindenwold, New Jersey is only 4.6%, well below the New Jersey rate of 6.3%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Lindenwold, New Jersey?
The Gini coefficient in Lindenwold is 0.480. 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 Lindenwold, New Jersey?
Since 2009, the income gap between men and women in Lindenwold, New Jersey has narrowed from about 6% to 1% in 2024. Over that period the gap was widest at 12% in 2021, and in 2017 women out-earned men by 11%. In dollar terms, the gap has narrowed by $1,681 since 2009.
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