| 2000 vs. 2016 Total Personal Income Growth and Change Hudson County 2000 vs. 2016 Net Percent Change = 54.20% Rank = #1 Atlantic County 2000 vs. 2016 Net Percent Change = 10.61% Rank = #21 Morris County 2000 vs. 2016 Net Percent Change = 27.35% Rank = #5 With a spotlight on Morris County, the chart above displays the distribution of the net percent change of real (inflation adjusted) personal income across New Jersey's 21 counties over the period 2000-2016. Those counties whose real personal income growth registered above the statewide average over this period realized an increase in their statewide share of real personal income. Likewise, those counties whose real personal income growth registered below the statewide average experienced a decline in their relative share of real personal income statewide. Statewide Snippets:- Over 2000-2016 real personal income grew in all 21 New Jersey counties.
- Real personal income growth in seven counties outpaced the statewide average (24.27%), while growth in fourteen counties trailed.
- At the extremes of the distribution, Hudson County posted the highest growth of real personal income (54.20%), while Atlantic County placed last by logging a 10.61% gain.
- The spread in real personal income growth between the highest (Hudson County, 54.20%) and lowest (Atlantic County, 10.61%) over 2000-2016 equated to 43.58% ( = 54.20% − 10.61%).
- Real personal income growth statewide is but a weighted metric that stems from each county's share of real personal income statewide. On this point, as the largest county in New Jersey, Bergen County's net real personal income growth over 2000-2016 of $11,106,517K made up 10.25% of the total net growth statewide ($108,354,286K):
Bergen County: Percent Share of New Jersey's
Real Personal Income Growth, 2000-2016:10.25% = ($11,106,517K / $108,354,286K) x 100 Morris County Snippets:- Over 2000-2016, Morris County posted a 27.35% net gain in real personal income.
- Morris County was joined by six other counties whose real personal income growth over 2000-2016 registered above the statewide average (24.27%).
- Ranked #5 among New Jersey's 21 counties, Morris County's real personal income growth (27.35%) outperformed the statewide average of 24.27% by a 3.08% margin.
- Morris County's net real personal income growth (27.35%, #5) over 2000-2016 registered just above that of Burlington County (26.14%, #6) and just below that of Somerset County (32.14%, #4).
- Morris County's share of real personal income statewide rose from 7.95% in 2000 to 8.15% in 2016, resulting in a share-shift of 0.20%.
| | | | | | County Distribution of Real Personal Income Growth, 2000 vs. 2016 | | More
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Below | Total | | 2000 vs. 2016 | 2 | 0 | 2 | 3 | 6 | 4 | 4 | 0 | 21 | | | | | | | Bergen County 2016 Real Personal Income = $73,305M Percent of State = 13.21% Rank = #1 Salem County 2016 Real Personal Income = $2,883M Percent of State = 0.52% Rank = #21 Morris County 2016 Real Personal Income = $45,201M Percent of State = 8.15% Rank = #5 Again highlighting Morris County's position, the bar graph above displays the disposition by county of 2016 real personal income statewide ($554,822M).  Tip: Although the visual profile of the bar chart remains unchanged you may opt to display the actual total by using the "Select Indicator" options above the graph
Statewide Snippets:- Ranked #1, Bergen County's 2016 personal income totaled $73,305M, equating to 13.21% of the statewide total.
- Ranked last (#21), Salem County's real personal income of $2,883M in 2016 comprised just 0.52% of the total statewide. Salem County's real personal income in 2016 equates to just 3.9% to that of Bergen County's.
- Bergen County's 2016 personal income ($73,305M) exceeded the combined personal income ($64,980M) of New Jersey's eight smallest counties.
Morris County Snippets:- Morris County's personal income in 2016 ranked #5, amounting to 8.15% of the statewide total.
- Morris County's personal income of $45,201M placed below that of Monmouth County's ($45,790M, #4), and just above that of Hudson County's ($37,983M, #6).
- Morris County's personal income of $45,201M exceeds the combined total ($38,012M) of New Jersey's six smallest counties.
| | | | | | County Distribution of Real Personal Income, 2016 | | More
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Below | Total | | 2016 | 1 | 0 | 0 | 4 | 3 | 5 | 3 | 5 | 21 | | | | | | | Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | | | New Jersey Real* Personal Income by County:
2000 vs. 2016 | | 2000 | | 2016 | | 2000 - 2016 | | | | | | | | | | | | | | 10,880,601 | 2.44 | | 12,035,401 | 2.17 | | 10.61 | 1,154,801 | 1.07 | | | 62,198,020 | 13.93 | | 73,304,537 | 13.21 | | 17.86 | 11,106,517 | 10.25 | | | 20,585,710 | 4.61 | | 25,966,474 | 4.68 | | 26.14 | 5,380,763 | 4.97 | | | 20,799,782 | 4.66 | | 25,481,359 | 4.59 | | 22.51 | 4,681,577 | 4.32 | | | 4,601,701 | 1.03 | | 5,160,084 | 0.93 | | 12.13 | 558,383 | 0.52 | | | 4,729,623 | 1.06 | | 5,715,527 | 1.03 | | 20.85 | 985,905 | 0.91 | | | 41,485,053 | 9.29 | | 48,444,325 | 8.73 | | 16.78 | 6,959,271 | 6.42 | | | 9,934,727 | 2.23 | | 14,932,112 | 2.69 | | 50.30 | 4,997,385 | 4.61 | | | 24,632,833 | 5.52 | | 37,982,903 | 6.85 | | 54.20 | 13,350,070 | 12.32 | | | 8,860,714 | 1.98 | | 10,511,645 | 1.89 | | 18.63 | 1,650,931 | 1.52 | | | 19,552,868 | 4.38 | | 23,746,774 | 4.28 | | 21.45 | 4,193,906 | 3.87 | | | 38,018,163 | 8.52 | | 46,690,725 | 8.42 | | 22.81 | 8,672,562 | 8.00 | | | 36,614,001 | 8.20 | | 45,790,335 | 8.25 | | 25.06 | 9,176,334 | 8.47 | | | 35,494,187 | 7.95 | | 45,201,017 | 8.15 | | 27.35 | 9,706,830 | 8.96 | | | 21,755,199 | 4.87 | | 29,062,921 | 5.24 | | 33.59 | 7,307,722 | 6.74 | | | 20,512,093 | 4.59 | | 23,388,578 | 4.22 | | 14.02 | 2,876,485 | 2.65 | | | 2,401,577 | 0.54 | | 2,882,812 | 0.52 | | 20.04 | 481,235 | 0.44 | | | 22,940,061 | 5.14 | | 30,312,014 | 5.46 | | 32.14 | 7,371,953 | 6.80 | | | 7,379,876 | 1.65 | | 8,214,350 | 1.48 | | 11.31 | 834,474 | 0.77 | | | 28,465,594 | 6.38 | | 34,471,002 | 6.21 | | 21.10 | 6,005,408 | 5.54 | | | 4,625,824 | 1.04 | | 5,527,597 | 1.00 | | 19.49 | 901,772 | 0.83 | | | | | | | | | | | | | | 446,468,206 | 100.00 | | 554,822,492 | 100.00 | | 24.27 | 108,354,286 | 100.00 | | | | | | | | | | | | | | 11,677,052,911 | | | 16,162,082,333 | | | 38.41 | 4,485,029,422 | | | | 10,325,098,869 | | | 14,408,093,022 | | | 39.54 | 4,082,994,153 | | | | 1,351,954,042 | | | 1,753,989,311 | | | 29.74 | 402,035,268 | |
Source: Calculations by the New Jersey Regional Economic Analysis Project (NJ-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1400_YRVYR_300A | | | | | |
Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | | | New Jersey Personal Income by County:
2000 vs. 2016 | | 2000 | | 2016 | | 2000 - 2016 | | | | | | | | | | | | | | 8,032,277 | 2.44 | | 11,828,874 | 2.17 | | 47.27 | 3,796,597 | 1.76 | | | 45,915,822 | 13.93 | | 72,046,631 | 13.21 | | 56.91 | 26,130,809 | 12.11 | | | 15,196,783 | 4.61 | | 25,520,889 | 4.68 | | 67.94 | 10,324,106 | 4.79 | | | 15,354,815 | 4.66 | | 25,044,099 | 4.59 | | 63.10 | 9,689,284 | 4.49 | | | 3,397,068 | 1.03 | | 5,071,537 | 0.93 | | 49.29 | 1,674,469 | 0.78 | | | 3,491,502 | 1.06 | | 5,617,449 | 1.03 | | 60.89 | 2,125,947 | 0.99 | | | 30,625,096 | 9.29 | | 47,613,020 | 8.73 | | 55.47 | 16,987,924 | 7.88 | | | 7,334,014 | 2.23 | | 14,675,877 | 2.69 | | 100.11 | 7,341,863 | 3.40 | | | 18,184,450 | 5.52 | | 37,331,116 | 6.85 | | 105.29 | 19,146,666 | 8.88 | | | 6,541,156 | 1.98 | | 10,331,265 | 1.89 | | 57.94 | 3,790,109 | 1.76 | | | 14,434,318 | 4.38 | | 23,339,279 | 4.28 | | 61.69 | 8,904,961 | 4.13 | | | 28,065,768 | 8.52 | | 45,889,512 | 8.42 | | 63.51 | 17,823,744 | 8.26 | | | 27,029,188 | 8.20 | | 45,004,573 | 8.25 | | 66.50 | 17,975,385 | 8.33 | | | 26,202,519 | 7.95 | | 44,425,368 | 8.15 | | 69.55 | 18,222,849 | 8.45 | | | 16,060,123 | 4.87 | | 28,564,201 | 5.24 | | 77.86 | 12,504,078 | 5.80 | | | 15,142,437 | 4.59 | | 22,987,230 | 4.22 | | 51.81 | 7,844,793 | 3.64 | | | 1,772,892 | 0.54 | | 2,833,343 | 0.52 | | 59.81 | 1,060,451 | 0.49 | | | 16,934,812 | 5.14 | | 29,791,860 | 5.46 | | 75.92 | 12,857,048 | 5.96 | | | 5,447,972 | 1.65 | | 8,073,392 | 1.48 | | 48.19 | 2,625,420 | 1.22 | | | 21,013,871 | 6.38 | | 33,879,480 | 6.21 | | 61.22 | 12,865,609 | 5.96 | | | 3,414,876 | 1.04 | | 5,432,743 | 1.00 | | 59.09 | 2,017,867 | 0.94 | | | | | | | | | | | | | | 329,591,759 | 100.00 | | 545,301,738 | 100.00 | | 65.45 | 215,709,979 | 100.00 | | | | | | | | | | | | | | 8,620,234,000 | | | 15,884,741,000 | | | 84.27 | 7,264,507,000 | | | | 7,622,194,487 | | | 14,160,850,146 | | | 85.78 | 6,538,655,659 | | | | 998,039,513 | | | 1,723,890,854 | | | 72.73 | 725,851,341 | |
Source: Calculations by the New Jersey Regional Economic Analysis Project (NJ-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1400_YRVYR_300A | | | | | |
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