Table 6.  Median Family and Household Income: 2001 to 2016
                  New Jersey and United States (in 2016 dollars)
      Ratio:
Two-year New Jersey/ 
Moving Average New Jersey United States United States
Total Families
2015-2016 $89,875 $71,901 1.25
2014-2015 $86,840 $70,564 1.23
2013-2014 $83,095 $66,643 1.25
2012-2013 $83,851 $65,404 1.28
2011-2012 $84,448 $65,063 1.30
2010-2011 $84,679 $65,767 1.29
2009-2010 $85,801 $66,901 1.28
2008-2009 $89,999 $67,997 1.32
2007-2008 $92,621 $69,896 1.33
2006-2007 $94,176 $70,391 1.34
2005-2006 $96,658 $69,424 1.39
2004-2005 $94,111 $69,007 1.36
2003-2004 $91,840 $68,832 1.33
2002-2003 $91,724 $68,920 1.33
2001-2002 $90,086 $69,401 1.30
Total Households
2015-2016 $66,145 $56,746 1.17
2014-2015 $66,077 $55,719 1.19
2013-2014 $64,481 $53,911 1.20
2012-2013 $66,134 $53,391 1.24
2011-2012 $67,434 $53,345 1.26
2010-2011 $67,357 $53,903 1.25
2009-2010 $70,485 $55,102 1.28
2008-2009 $72,078 $55,984 1.29
2007-2008 $70,867 $57,197 1.24
2006-2007 $74,856 $57,844 1.29
2005-2006 $79,202 $57,200 1.38
2004-2005 $74,412 $56,686 1.31
2003-2004 $72,258 $56,475 1.28
2002-2003 $73,913 $56,559 1.31
2001-2002 $72,807 $56,937 1.28
Note: The New Jersey income figures were inflated by the average of New York-metro 
          and Philadelphia-metro Consumer Price Indexes for all Urban Consumers (CPI-U).
          The US figures were inflated by the national CPI-U.
Source: US Bureau of the Census, Current Population Survey (CPS): 
              March 2002 through 2017.
Prepared by: New Jersey Department of Labor & Workforce Development,  
                    Division of Economic & Demographic Research, 10/2017.