Secaucus, New Jersey Income Statistics
Secaucus 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.
-
A
Secaucus Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Secaucus | New Jersey Avg | US Average |
|---|---|---|---|
| Median Household Income | $135,242 | $103,817 | $80,455 |
| Median Personal Income | $98,167 | $76,200 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.4% | 4.8% |
| Six-Figure Earners | 30.9% | 19.9% | 13.9% |
| $200k+ Households | 35.3% | 21.6% | 13.2% |
The median household income in Secaucus is about 30% higher than in New Jersey. Income has been growing faster in Secaucus (4.6%/yr) than in New Jersey (4.4%/yr).
About 31% of adults in Secaucus 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 Secaucus, New Jersey grew by 67.9% from 2009 to 2024, reaching $135,242 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Secaucus
| Metric | Secaucus | New Jersey Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.499 | 0.544 | 0.552 |
| Male Median Income | $117,066 | $87,197 | $69,667 |
| Female Median Income | $78,611 | $70,502 | $56,850 |
| Gender Pay Gap | 32.8% | 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 Secaucus, it is 0.499, 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 49% more than women's income in Secaucus, New Jersey. Over a 35-year career, a 49% wage gap accumulates to roughly $1,345,925 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Secaucus, New Jersey has widened from about 10% to 33% in 2024. Over that period the gap was widest at 34% in 2022, and was narrowest at 7% in 2010. In dollar terms, the gap has widened by $32,146 since 2009.
Sharply against the trend: the pay gap in Secaucus widened by 22.6 points while New Jersey's narrowed by 4.5 points.
Employment
| Metric | Secaucus | New Jersey Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 6.3% | 5.2% |
| Working from Home | 24.8% | 16.8% | 15.0% |
| Commute time (minutes) | 33 | 26 | 22 |
Approximately 694 people are unemployed in Secaucus, New Jersey.
The average commute time in Secaucus is 33 minutes, longer than the 26 minutes in New Jersey.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Secaucus, New Jersey has fallen from 5.7% to 5.6% in 2024. Over that period the rate peaked at 8.2% in 2014 and fell as low as 3.8% in 2019.
Secaucus, NJ Wealth Compared With Nearby Cities
How Secaucus, NJ compares with the 2 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. |
|---|---|---|---|---|---|
| Secaucus, NJ | 21,687 | $135,242 #2/3 | 4.6%/yr #3/3 | 5.6% #2/3 | 0.499 #2/3 |
| Union City, NJ | 66,416 | $64,444 | 5.4%/yr | 9.4% | 0.586 |
| Hoboken, NJ | 58,199 | $178,015 | 5.2%/yr | 3.8% | 0.426 |
Conclusion
Considering all these factors, Secaucus, 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 Secaucus, New Jersey.
How Rich Is Secaucus, New Jersey?
Secaucus 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 $135,242, about 30% higher than the New Jersey average of $103,817.
How has median household income changed in Secaucus, New Jersey?
Between 2009 and 2024, the median household income in Secaucus, New Jersey rose 68%, from $80,565 to $135,242. Over the same years, income here outpaced New Jersey as a whole: +68% against +50%.
What was the median household income in Secaucus in 2023?
In 2023, the median household income in Secaucus, New Jersey was $133,143, up 3% from $129,635 in 2022. The New Jersey median that year was $101,191.
What was the median household income in Secaucus in 2020?
In 2020, the median household income in Secaucus, New Jersey was $125,206. By 2024 it had risen 8% to $135,242.
How many people earn six figures in Secaucus, New Jersey?
Yes. 31% of adults in Secaucus, New Jersey earn $100,000 or more a year (about 1 in 3), against 20% (about 1 in 5) in New Jersey. 35% of households have a combined income of $200,000 or more, compared with 22% in New Jersey.
What is the Gini coefficient in Secaucus, New Jersey?
The Gini coefficient in Secaucus is 0.499. 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 Secaucus, New Jersey?
Since 2009, the income gap between men and women in Secaucus, New Jersey has widened from about 10% to 33% in 2024. Over that period the gap was widest at 34% in 2022, and was narrowest at 7% in 2010. In dollar terms, the gap has widened by $32,146 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 →