Union City, New Jersey Income Statistics
Union City 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
Union City Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Union City | New Jersey Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,444 | $103,817 | $80,455 |
| Median Personal Income | $47,159 | $76,200 | $60,758 |
| Average Yearly Income Growth | 5.4% | 4.4% | 4.8% |
| Six-Figure Earners | 8.9% | 19.9% | 13.9% |
| $200k+ Households | 8.7% | 21.6% | 13.2% |
The median household income in Union City is about 38% lower than in New Jersey. Income has been growing faster in Union City (5.4%/yr) than in New Jersey (4.4%/yr).
About 9% of adults in Union City 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 Union City, New Jersey grew by 64.8% from 2009 to 2024, reaching $64,444 in 2024. That's an average of about 5.4% per year.
Income Inequality and the Gender Pay Gap in Union City
| Metric | Union City | New Jersey Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.586 | 0.544 | 0.552 |
| Male Median Income | $52,216 | $87,197 | $69,667 |
| Female Median Income | $48,774 | $70,502 | $56,850 |
| Gender Pay Gap | 6.6% | 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 Union City, it is 0.586, 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 7% more than women's income in Union City, New Jersey. Over a 35-year career, a 7% wage gap accumulates to roughly $120,470 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Union City, New Jersey has narrowed from about 23% to 7% in 2024. Over that period the gap was narrowest at 4% in 2021. In dollar terms, the gap has narrowed by $4,067 since 2009.
Employment
| Metric | Union City | New Jersey Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.4% | 6.3% | 5.2% |
| Working from Home | 7.9% | 16.8% | 15.0% |
| Commute time (minutes) | 31 | 26 | 22 |
Approximately 3,373 people are unemployed in Union City, New Jersey.
The average commute time in Union City is 31 minutes, longer than the 26 minutes in New Jersey.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Union City, New Jersey has fallen from 11.7% to 9.4% in 2024. Over that period the rate peaked at 13.8% in 2013 and fell as low as 4.5% in 2019.
Union City, NJ Wealth Compared With Nearby Cities
Union City, NJ is the largest of the 4 cities compared here, 66,416 residents against a local median of 51,736. The measure that sets Union City, NJ apart most is unemployment: 9.4%, 67% above the local median of 5.6%. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $64,444 against a local median of $135,242, 52% below it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Union City, NJ is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 4.6% on unemployment, so Union City, NJ sits at one end of an already wide local range rather than apart from it. Union City, NJ has the 4th lowest unemployment of the 4 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Union City, NJ | 66,416 | $64,444 #4/4 | 5.4%/yr #1/4 | 9.4% #4/4 | 0.586 #4/4 |
| Hoboken, NJ | 58,199 | $178,015 | 5.2%/yr | 3.8% | 0.426 |
| West New York, NJ | 51,736 | $71,883 | 4.6%/yr | 8.4% | 0.584 |
| Secaucus, NJ | 21,687 | $135,242 | 4.6%/yr | 5.6% | 0.499 |
Conclusion
Considering all these factors, Union City, 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 Union City, New Jersey.
How Wealthy Is Union City, New Jersey?
Union City 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 $64,444, about 38% lower than the New Jersey average of $103,817.
How has median household income changed in Union City, New Jersey?
Between 2009 and 2024, the median household income in Union City, New Jersey rose 65%, from $39,106 to $64,444. Over the same years, income here outpaced New Jersey as a whole: +65% against +50%.
What was the median household income in Union City in 2023?
In 2023, the median household income in Union City, New Jersey was $64,861, up 8% from $59,968 in 2022. The New Jersey median that year was $101,191.
What was the median household income in Union City in 2020?
In 2020, the median household income in Union City, New Jersey was $49,606. By 2024 it had risen 30% to $64,444.
How strong is the job market in Union City, New Jersey?
Unemployment in Union City, New Jersey is 9.4%, well above the New Jersey rate of 6.3%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Union City, New Jersey?
The Gini coefficient in Union City is 0.586. 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 Union City, New Jersey?
Since 2009, the income gap between men and women in Union City, New Jersey has narrowed from about 23% to 7% in 2024. Over that period the gap was narrowest at 4% in 2021. In dollar terms, the gap has narrowed by $4,067 since 2009.
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