Hourly Rate Salary in New Jersey
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $59,669 | $29 |
| 75th Percentile | $46,303 | $22 |
| Average | $38,543 | $19 |
| 25th Percentile | $27,686 | $13 |
What is a good salary for single person in NJ?
MIT’s Living Wage Calculator lays out how much you need to make in New Jersey to cover not just food but the other essentials, and the numbers show that $8.80 doesn’t cut it. As an average for the whole state, a single adult would need to make $13.72 an hour. If that person had a child, $28.56.
What is the average pay in New Jersey?
Average annual pay of employees in New Jersey 2001-2020
In 2020, the average annual pay of employees in New Jersey totaled to 73,953 U.S. dollars. This is an increase from 2001 levels, when this figure stood at 44,320 U.S. dollars.
What is a good living salary in New Jersey?
As of May 10, 2022, the average annual pay for the Comfortable jobs category in New Jersey is $41,221 a year. Just in case you need a simple salary calculator, that works out to be approximately $19.82 an hour. This is the equivalent of $793/week or $3,435/month.
What is a good wage per hour us?
As of May 19, 2022, the average hourly pay for an Average in the United States is $32.05 an hour. While ZipRecruiter is seeing hourly wages as high as $65.38 and as low as $9.86, the majority of Average wages currently range between $23.80 (25th percentile) to $35.58 (75th percentile) across the United States.
Whats considered low income in NJ?
By Carla Astudillo | NJ Advance Media for NJ.com
A New Jersey family of four in 2018 has to earn $71,900 a year or less to be considered low-income, according to the Department of Housing and Urban Development — an almost six percent increase from last year.
What salary is considered middle class in NJ?
The overall average in New Jersey for what is considered to be middle class income for a family of four is between $60,000 and $177,000 a year.
What is a good salary for a single person?
The average salary for a single person is $1,089 for men and $900 for women per week in the US. This equates to an annual income of $56,628 for men and $46,800 for women on average.
What is considered high income in NJ?
New Jersey households must make at least $39,920 to reach middle class, study finds. (The Center Square) – In New Jersey, households must earn a minimum of $39,920 per year to be considered middle class, with the upper earnings boundary set at $197,868, according to a new 24/7 Wall St. analysis.
What is the poorest city in New Jersey?
Camden
Camden, the poorest city in the state, has a poverty rate of 35.5%. Other poor areas are the cities across the Hudson River from New York City, including Newark, Paterson, and Passaic.
How much is $11.00 an hour weekly?
So to calculate your weekly income, see below: $11 an hour multiplied by 40 hours per week is $440 per week income.
What is the cheapest place to live in New Jersey?
Most Affordable Places to Live in New Jersey
- Hightstown.
- New Brunswick.
- Phillipsburg.
- Pompton Lakes.
- Rahway.
- Toms River.
Is $30 per hour a good wage?
The short answer is, yes, you can live on $30 an hour in America. Given that the 2021 federal poverty level for an individual in the US is $12,880, and the average per capita income for 2019 was $35,103, if you earn an annual salary of $62,400, you’re considered above the national average.
Is 18 dollars an hour good?
The $18 per hour wage falls within the second and most common hourly rate range in the US. As it’s far enough from the minimum wage, it can be considered good money.
Is 20 an hour good?
Considering the fact that the majority of working teenagers earn minimum wage (or just over), yes, 20 dollars an hour is a good salary for a teenager. If you are a teenager, there’s a good chance you keep your monthly expenses low by living with your parents.
What is the poverty line for a single person in NJ?
The central eligibility criterion is having income at or below 138% of the federal poverty level (FPL). For 2020, for a person applying as a single individual, 138% FPL, is $1,468 per month or $17,609 per year.
| Household Size | Annual | Monthly |
|---|---|---|
| +1 | $ 6,183 | $ 516 |
How much does Section 8 pay for a 3 bedroom in NJ?
$2,264
Payment Standard
| Unit Type | by Unit Type Maximum Rent |
|---|---|
| 1 bedroom | $1,468 |
| 2 bedroom | $1,775 |
| 3 bedroom | $2,264 |
| 4 bedroom | $2,699 |
What is considered low income for a single person in 2021?
2021 POVERTY GUIDELINES FOR THE 48 CONTIGUOUS STATES AND THE DISTRICT OF COLUMBIA
| Persons in family/household | Poverty guideline |
|---|---|
| 1 | $12,880 |
| 2 | $17,420 |
| 3 | $21,960 |
| 4 | $26,500 |
What is considered low income?
By government standards, “low-income” earners are men and women whose household income is less than double the Federal Poverty Level (FPL). For a single person household, the 2019 FPL was $12,490 a year. That means that a single person making less than $25,000 a year would be considered low income.
How much does the average household make in NJ?
Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $85,245 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $44,153 |
| Persons in poverty, percent | 9.4% |
How much is the average 30 year old making?
What was the average and median income by age in 2021?
| Age | 25% | Median |
|---|---|---|
| 29 | $24,615.00 | $41,085.00 |
| 30 | $25,000.00 | $40,560.00 |
| 31 | $28,000.00 | $45,000.00 |
| 32 | $26,001.00 | $45,330.00 |
