Old Bridge, New Jersey Income Statistics
Old Bridge 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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A
Old Bridge Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Old Bridge | New Jersey Avg | US Average |
|---|---|---|---|
| Median Household Income | $122,520 | $103,817 | $80,455 |
| Median Personal Income | $79,507 | $76,200 | $60,758 |
| Average Yearly Income Growth | 3.0% | 4.4% | 4.8% |
| Six-Figure Earners | 20.6% | 19.9% | 13.9% |
| $200k+ Households | 25.1% | 21.6% | 13.2% |
The median household income in Old Bridge is about 18% higher than in New Jersey. Income has been growing slower in Old Bridge (3.0%/yr) than in New Jersey (4.4%/yr).
About 21% of adults in Old Bridge earn six figures ($100,000 or more) a year, higher than the New Jersey average of 20%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Old Bridge, New Jersey grew by 30.9% from 2009 to 2024, reaching $122,520 in 2024. That's an average of about 3.0% per year.
Income Inequality and the Gender Pay Gap in Old Bridge
| Metric | Old Bridge | New Jersey Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.535 | 0.544 | 0.552 |
| Male Median Income | $89,606 | $87,197 | $69,667 |
| Female Median Income | $71,018 | $70,502 | $56,850 |
| Gender Pay Gap | 20.7% | 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 Old Bridge, it is 0.535, 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 26% more than women's income in Old Bridge, New Jersey. Over a 35-year career, a 26% wage gap accumulates to roughly $650,580 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Old Bridge, New Jersey has narrowed from about 30% to 21% in 2024. Over that period the gap was widest at 33% in 2016. In dollar terms, the gap has narrowed by $2,633 since 2009.
Employment
| Metric | Old Bridge | New Jersey Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.9% | 6.3% | 5.2% |
| Working from Home | 12.9% | 16.8% | 15.0% |
| Commute time (minutes) | 31 | 26 | 22 |
Approximately 837 people are unemployed in Old Bridge, New Jersey.
The average commute time in Old Bridge is 31 minutes, longer than the 26 minutes in New Jersey.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Old Bridge, New Jersey has fallen from 7.0% to 5.9% in 2024. Over that period the rate peaked at 8.2% in 2013 and fell as low as 5.6% in 2019.
Conclusion
Considering all these factors, Old Bridge, New Jersey has an overall wealth index grade of A, making it somewhat better than New Jersey, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Old Bridge, New Jersey.
How Wealthy Is Old Bridge, New Jersey?
Old Bridge has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $122,520, about 18% higher than the New Jersey average of $103,817.
Are incomes growing in Old Bridge, New Jersey?
Between 2009 and 2024, the median household income in Old Bridge, New Jersey rose 31%, from $93,570 to $122,520. Over the same years, income here lagged behind New Jersey as a whole: +31% against +50%.
What was the median household income in Old Bridge in 2023?
In 2023, the median household income in Old Bridge, New Jersey was $114,032, up 3% from $110,447 in 2022. The New Jersey median that year was $101,191.
What was the median household income in Old Bridge in 2020?
In 2020, the median household income in Old Bridge, New Jersey was $101,973. By 2024 it had risen 20% to $122,520.
What is the Gini coefficient in Old Bridge, New Jersey?
The Gini coefficient in Old Bridge is 0.535. 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 Old Bridge, New Jersey?
Since 2009, the income gap between men and women in Old Bridge, New Jersey has narrowed from about 30% to 21% in 2024. Over that period the gap was widest at 33% in 2016. In dollar terms, the gap has narrowed by $2,633 since 2009.
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