Everything You Need to Know About the City of Jersey City New Jersey
In 2018, Jersey City, New Jersey had a population of 266k people with a median age of 34.2 and a median household income of $72,561 dollars. Between 2017 and 2018 the population of Jersey City, NJ declined from 270,750 to 265,560, a -1.92 percent decrease, and its median household income grew from $66,264 dollars to $72,561 dollars, a 9.5 percent increase.
The population of Jersey City, NJ is 28.6 percent Hispanic or Latino, 26.3 percent Asian Alone, and 20.9 percent Black or African American Alone. N/A% of the people in Jersey City, NJ speak a non-English language, and 77.6 percent are U.S. citizens.
The largest universities in Jersey City, NJ are New Jersey City University (1,739 degrees awarded in 2017), Hudson County Community College (1,029 degrees), and Saint Peter’s University (882 degrees).
The median property value in Jersey City, NJ is $416,900 dollars, and the homeownership rate is 29.6 percent. Most people in Jersey City, NJ commute by Public Transit, and the average commute time is 37 minutes. The average car ownership in Jersey City, NJ is 1 car per household.
In 2017, universities in Jersey City, NJ awarded 4,172 degrees. The student population of Jersey City, NJ is skewed towards women, with 8,282 male students and 13,099 female students.
Most students graduating from Universities in Jersey City, NJ are Hispanic or Latino (1,638 and 40.4 percent), followed by White (924 and 22.8 percent), Black or African American (726 and 17.9 percent), and Unknown (367 and 9.06 percent).
The largest universities in Jersey City, NJ by the number of degrees awarded are New Jersey City University (1,739 and 41.7 percent), Hudson County Community College (1,029 and 24.7 percent), and Saint Peter’s University (882 and 21.1 percent).
The most popular majors in Jersey City, NJ are Liberal Arts & Sciences (500 and 12 percent), General Business Administration & Management (296 and 7.09 percent), and Registered Nursing (249 and 5.97 percent).
The median tuition costs in Jersey City, NJ are $35,326 percent for private four-year colleges, and $8,438 percent and $17,640 percent respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Jersey City, NJ employs 142k people and Jersey City has an unemployment rate of 4.2 percent. Jersey City has seen the job market decreased by -0.5 percent over the last year. Future job growth over the next ten years is predicted to be 24.0 percent, which is lower than the US average of 33.5 percent. The largest industries in Jersey City, NJ are Finance & Insurance (16,739 people), Professional, Scientific, & Technical Services (21,062 people), and Retail Trade (15,776 people), and the highest paying industries are Finance & Insurance ($120,704 dollars), Finance & Insurance, & Real Estate & Rental & Leasing ($102,444 dollars), and Utilities ($101,964 dollars).
Households in Jersey City, NJ have a median annual income of $72,561dollars, which is more than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $66,264 dollars in 2017, which represents a 9.5 percent annual growth.
Tax Rates for Jersey City
– The Sales Tax Rate for Jersey City is 6.6 percent.
– The Income Tax Rate for Jersey City is 5.5 percent.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Jersey City
– The average earnings of a Jersey City resident is $32,791 dollars a year.
– The Median household earnings of a Jersey City resident is $58,907 dollars a year.