Perth Amboy, New Jersey Income Statistics
Perth Amboy 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
Perth Amboy Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Perth Amboy | New Jersey Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,225 | $103,817 | $80,455 |
| Median Personal Income | $45,717 | $76,200 | $60,758 |
| Average Yearly Income Growth | 2.9% | 4.4% | 4.8% |
| Six-Figure Earners | 5.1% | 19.9% | 13.9% |
| $200k+ Households | 6.2% | 21.6% | 13.2% |
The median household income in Perth Amboy is about 40% lower than in New Jersey. Income has been growing slower in Perth Amboy (2.9%/yr) than in New Jersey (4.4%/yr).
About 5% of adults in Perth Amboy 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 Perth Amboy, New Jersey grew by 31.9% from 2009 to 2024, reaching $62,225 in 2024. That's an average of about 2.9% per year.
Income Inequality and the Gender Pay Gap in Perth Amboy
| Metric | Perth Amboy | New Jersey Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.544 | 0.552 |
| Male Median Income | $55,615 | $87,197 | $69,667 |
| Female Median Income | $42,004 | $70,502 | $56,850 |
| Gender Pay Gap | 24.5% | 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 Perth Amboy, it is 0.554, higher than New Jersey's 0.544, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 32% more than women's income in Perth Amboy, New Jersey. Over a 35-year career, a 32% wage gap accumulates to roughly $476,385 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Perth Amboy, New Jersey has widened from about 22% to 24% in 2024. Over that period the gap was widest at 27% in 2016, and was narrowest at 20% in 2011. In dollar terms, the gap has widened by $5,309 since 2009.
Sharply against the trend: the pay gap in Perth Amboy widened by 2.6 points while New Jersey's narrowed by 4.5 points.
Employment
| Metric | Perth Amboy | New Jersey Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 14.2% | 6.3% | 5.2% |
| Working from Home | 4.8% | 16.8% | 15.0% |
| Commute time (minutes) | 18 | 26 | 22 |
Approximately 4,346 people are unemployed in Perth Amboy, New Jersey.
The average commute time in Perth Amboy is 18 minutes, shorter than the 26 minutes in New Jersey.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Perth Amboy, New Jersey has risen from 6.8% to 14.2% in 2024. Over that period the rate fell as low as 3.4% in 2018.
Perth Amboy, NJ Wealth Compared With Nearby Cities
How Perth Amboy, NJ compares with the 1 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. |
|---|---|---|---|---|---|
| Perth Amboy, NJ | 55,809 | $62,225 #2/2 | 2.9%/yr #2/2 | 14.2% #2/2 | 0.554 #2/2 |
| Woodbridge, NJ | 22,168 | $111,382 | 4.6%/yr | 5.4% | 0.534 |
Conclusion
Considering all these factors, Perth Amboy, New Jersey has an overall wealth index grade of D, making it worse than New Jersey, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Perth Amboy, New Jersey.
How Rich Is Perth Amboy, New Jersey?
Perth Amboy 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 $62,225, about 40% lower than the New Jersey average of $103,817.
How has median household income changed in Perth Amboy, New Jersey?
Between 2009 and 2024, the median household income in Perth Amboy, New Jersey rose 32%, from $47,192 to $62,225. Over the same years, income here lagged behind New Jersey as a whole: +32% against +50%.
What was the median household income in Perth Amboy in 2023?
In 2023, the median household income in Perth Amboy, New Jersey was $59,250, up 4% from $56,999 in 2022. The New Jersey median that year was $101,191.
What was the median household income in Perth Amboy in 2020?
In 2020, the median household income in Perth Amboy, New Jersey was $54,050. By 2024 it had risen 15% to $62,225.
How strong is the job market in Perth Amboy, New Jersey?
Unemployment in Perth Amboy, New Jersey is 14.2%, well above the New Jersey rate of 6.3%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Perth Amboy, New Jersey?
The Gini coefficient in Perth Amboy is 0.554. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Perth Amboy, New Jersey?
Since 2009, the income gap between men and women in Perth Amboy, New Jersey has widened from about 22% to 24% in 2024. Over that period the gap was widest at 27% in 2016, and was narrowest at 20% in 2011. In dollar terms, the gap has widened by $5,309 since 2009.
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