New Brunswick, New Jersey Income Statistics
New Brunswick 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.
-
F
New Brunswick Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | New Brunswick | New Jersey Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,385 | $103,817 | $80,455 |
| Median Personal Income | $44,460 | $76,200 | $60,758 |
| Average Yearly Income Growth | 6.4% | 4.4% | 4.8% |
| Six-Figure Earners | 5.7% | 19.9% | 13.9% |
| $200k+ Households | 8.7% | 21.6% | 13.2% |
The median household income in New Brunswick is about 37% lower than in New Jersey. Income has been growing faster in New Brunswick (6.4%/yr) than in New Jersey (4.4%/yr).
About 6% of adults in New Brunswick 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 New Brunswick, New Jersey grew by 42.8% from 2009 to 2024, reaching $65,385 in 2024. That's an average of about 6.4% per year.
Income Inequality and the Gender Pay Gap in New Brunswick
| Metric | New Brunswick | New Jersey Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.621 | 0.544 | 0.552 |
| Male Median Income | $50,873 | $87,197 | $69,667 |
| Female Median Income | $44,096 | $70,502 | $56,850 |
| Gender Pay Gap | 13.3% | 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 New Brunswick, it is 0.621, 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 15% more than women's income in New Brunswick, New Jersey. Over a 35-year career, a 15% wage gap accumulates to roughly $237,195 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in New Brunswick, New Jersey has widened from about 5% to 13% in 2024. Over that period the gap was widest at 18% in 2020, and in 2013 women out-earned men by 9%. In dollar terms, the gap has widened by $5,103 since 2009.
Sharply against the trend: the pay gap in New Brunswick widened by 8.0 points while New Jersey's narrowed by 4.5 points.
Employment
| Metric | New Brunswick | New Jersey Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.1% | 6.3% | 5.2% |
| Working from Home | 11.0% | 16.8% | 15.0% |
| Commute time (minutes) | 20 | 26 | 22 |
Approximately 2,441 people are unemployed in New Brunswick, New Jersey.
The average commute time in New Brunswick is 20 minutes, shorter than the 26 minutes in New Jersey.
Unemployment Rate Over Time
Since 2011, the unemployment rate in New Brunswick, New Jersey has fallen from 10.2% to 8.1% in 2024. Over that period the rate peaked at 11.1% in 2013 and fell as low as 5.8% in 2019.
Conclusion
Considering all these factors, New Brunswick, New Jersey has an overall wealth index grade of F, making it worse than New Jersey, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in New Brunswick, New Jersey.
How Rich Is New Brunswick, New Jersey?
New Brunswick has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $65,385, about 37% lower than the New Jersey average of $103,817.
How has median household income changed in New Brunswick, New Jersey?
Between 2009 and 2024, the median household income in New Brunswick, New Jersey rose 43%, from $45,799 to $65,385. Over the same years, income here lagged behind New Jersey as a whole: +43% against +50%.
What was the median household income in New Brunswick in 2023?
In 2023, the median household income in New Brunswick, New Jersey was $60,179, up 4% from $57,751 in 2022. The New Jersey median that year was $101,191.
What was the median household income in New Brunswick in 2020?
In 2020, the median household income in New Brunswick, New Jersey was $43,604. By 2024 it had risen 50% to $65,385.
Is it hard to find a job in New Brunswick, New Jersey?
Unemployment in New Brunswick, New Jersey is 8.1%, well above the New Jersey rate of 6.3%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in New Brunswick, New Jersey?
The Gini coefficient in New Brunswick is 0.621. 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 New Brunswick, New Jersey?
Since 2009, the income gap between men and women in New Brunswick, New Jersey has widened from about 5% to 13% in 2024. Over that period the gap was widest at 18% in 2020, and in 2013 women out-earned men by 9%. In dollar terms, the gap has widened by $5,103 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 →