State Facts
| Minimum Wage | $15.92 |
|---|---|
| 2-Bedroom Housing Wage | $43.89 |
| Number of Renter Households | 1,268,573 |
| Number of Renter Households Below 30% AMI |
298,318 |
| Percent of Renter Households Below 30% AMI |
23% |
| Number of Renter Households Below 50% AMI |
492,630 |
| Percent of Renter Households Below 50% AMI |
39% |
Working at minimum wage $15.92/hr
Each week you have to work 93 hours
To afford a modest 1 bedroom rental home at Fair Market Rent
Connect to NetworkNew Jersey
| New Jersey | Atlantic City-Hammonton HMFA | Bergen-Passaic HMFA | Cape May County HMFA | Jersey City HMFA | Middlesex-Somerset-Hunterdon HMFA | Monmouth-Ocean HMFA | Newark HMFA | Philadelphia-Camden-Wilmington MSA | Trenton-Princeton MSA | Vineland MSA | Warren County HMFA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Number of Households |
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| Total | 3,507,701 | 109,557 | 534,063 | 44,884 | 299,682 | 489,444 | 495,555 | 774,077 | 517,153 | 144,114 | 53,781 | 45,391 |
| Renter | 1,268,573 | 34,276 | 207,068 | 8,831 | 207,608 | 153,067 | 108,508 | 321,965 | 143,387 | 54,545 | 17,999 | 11,319 |
| Percent Renters | 36% | 31% | 39% | 20% | 69% | 31% | 22% | 42% | 28% | 38% | 33% | 25% |
Housing Wage |
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| Zero-Bedroom | $33.60 | $25.88 | $34.19 | $25.38 | $46.29 | $34.69 | $32.23 | $31.00 | $26.87 | $25.85 | $24.62 | $29.17 |
| One-Bedroom | $36.88 | $29.56 | $38.92 | $26.27 | $47.27 | $38.04 | $36.33 | $35.04 | $29.23 | $29.71 | $26.44 | $29.37 |
| Two-Bedroom | $43.89 | $35.90 | $44.69 | $34.46 | $53.13 | $47.81 | $44.77 | $42.40 | $34.81 | $37.50 | $32.17 | $36.44 |
| Three-Bedroom | $54.25 | $49.73 | $54.52 | $46.08 | $64.75 | $57.33 | $58.52 | $53.10 | $41.73 | $44.96 | $44.29 | $46.23 |
| Four-Bedroom | $62.70 | $54.83 | $69.58 | $46.25 | $76.06 | $63.38 | $64.83 | $60.33 | $46.60 | $51.35 | $44.44 | $53.85 |
Fair Market Rent |
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| Zero-Bedroom | $1,747 | $1,346 | $1,778 | $1,320 | $2,407 | $1,804 | $1,676 | $1,612 | $1,397 | $1,344 | $1,280 | $1,517 |
| One-Bedroom | $1,918 | $1,537 | $2,024 | $1,366 | $2,458 | $1,978 | $1,889 | $1,822 | $1,520 | $1,545 | $1,375 | $1,527 |
| Two-Bedroom | $2,282 | $1,867 | $2,324 | $1,792 | $2,763 | $2,486 | $2,328 | $2,205 | $1,810 | $1,950 | $1,673 | $1,895 |
| Three-Bedroom | $2,821 | $2,586 | $2,835 | $2,396 | $3,367 | $2,981 | $3,043 | $2,761 | $2,170 | $2,338 | $2,303 | $2,404 |
| Four-Bedroom | $3,260 | $2,851 | $3,618 | $2,405 | $3,955 | $3,296 | $3,371 | $3,137 | $2,423 | $2,670 | $2,311 | $2,800 |
Annual Income Needed to Afford |
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| Zero-Bedroom | $69,890 | $53,840 | $71,120 | $52,800 | $96,280 | $72,160 | $67,040 | $64,480 | $55,880 | $53,760 | $51,200 | $60,680 |
| One-Bedroom | $76,709 | $61,480 | $80,960 | $54,640 | $98,320 | $79,120 | $75,560 | $72,880 | $60,800 | $61,800 | $55,000 | $61,080 |
| Two-Bedroom | $91,289 | $74,680 | $92,960 | $71,680 | $110,520 | $99,440 | $93,120 | $88,200 | $72,400 | $78,000 | $66,920 | $75,800 |
| Three-Bedroom | $112,839 | $103,440 | $113,400 | $95,840 | $134,680 | $119,240 | $121,720 | $110,440 | $86,800 | $93,520 | $92,120 | $96,160 |
| Four-Bedroom | $130,410 | $114,040 | $144,720 | $96,200 | $158,200 | $131,840 | $134,840 | $125,480 | $96,920 | $106,800 | $92,440 | $112,000 |
Minimum Wage |
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| Minimum Wage | $15.92 | $15.92 | $15.92 | $15.92 | $15.92 | $15.92 | $15.92 | $15.92 | $15.92 | $15.92 | $15.92 | $15.92 |
| Rent Affordable for a Full-Time Worker at Minimum Wage | $828 | $828 | $828 | $828 | $828 | $828 | $828 | $828 | $828 | $828 | $828 | $828 |
Work Hours/Week at Minimum Wage |
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| Zero-Bedroom | 84 | 65 | 86 | 64 | 116 | 87 | 81 | 78 | 68 | 65 | 62 | 73 |
| One-Bedroom | 93 | 74 | 98 | 66 | 119 | 96 | 91 | 88 | 73 | 75 | 66 | 74 |
| Two-Bedroom | 110 | 90 | 112 | 87 | 134 | 120 | 112 | 107 | 87 | 94 | 81 | 92 |
| Three-Bedroom | 136 | 125 | 137 | 116 | 163 | 144 | 147 | 133 | 105 | 113 | 111 | 116 |
| Four-Bedroom | 158 | 138 | 175 | 116 | 191 | 159 | 163 | 152 | 117 | 129 | 112 | 135 |
Supplemental Security Income (SSI) Payment |
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| SSI Monthly Payment | $1,025 | $1,025 | $1,025 | $1,025 | $1,025 | $1,025 | $1,025 | $1,025 | $1,025 | $1,025 | $1,025 | $1,025 |
| Rent affordable to SSI recipient | $308 | $308 | $308 | $308 | $308 | $308 | $308 | $308 | $308 | $308 | $308 | $308 |
Income Levels |
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| 30% of Area Median Income (AMI) | $40,192 | $29,250 | $41,730 | $34,740 | $33,030 | $46,440 | $42,180 | $41,520 | $36,810 | $41,940 | $26,730 | $38,370 |
| 50% of Area Median Income (AMI) | $66,986 | $48,750 | $69,550 | $57,900 | $55,050 | $77,400 | $70,300 | $69,200 | $61,350 | $69,900 | $44,550 | $63,950 |
| Median Renter Household Income | $67,382 | $45,722 | $68,915 | $53,483 | $79,703 | $80,741 | $63,851 | $62,635 | $57,581 | $64,115 | $41,979 | $58,300 |
Rent Affordable at Different Income Levels |
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| 30% of Area Median Income (AMI) | $1,005 | $731 | $1,043 | $869 | $826 | $1,161 | $1,055 | $1,038 | $920 | $1,049 | $668 | $959 |
| 50% of Area Median Income (AMI) | $1,675 | $1,219 | $1,739 | $1,448 | $1,376 | $1,935 | $1,758 | $1,730 | $1,534 | $1,748 | $1,114 | $1,599 |
| Median Renter Household Income | $1,685 | $1,143 | $1,723 | $1,337 | $1,993 | $2,019 | $1,596 | $1,566 | $1,440 | $1,603 | $1,049 | $1,458 |
Median Wages for State’s Most Common Occupations
| Occupation | Total Employment | Median Hourly Wage |
|---|---|---|
| Fast Food and Counter Workers | 93,730 | $16.88 |
| Cashiers | 107,680 | $17.09 |
| Retail Salespersons | 72,530 | $18.05 |
| Home Health and Personal Care Aides | 117,080 | $18.33 |
| Stockers and Order Fillers | 64,070 | $18.41 |
| Janitors and Cleaners, Except Maids and Housekeeping Cleaners | 67,660 | $18.59 |
| Security Guards | 41,540 | $19.21 |
| Laborers and Freight, Stock, and Material Movers, Hand | 97,230 | $19.54 |
| Receptionists and Information Clerks | 42,060 | $20.58 |
| Packers and Packagers, Hand | 71,260 | $21.67 |
| Waiters and Waitresses | 55,800 | $22.22 |
| Light Truck Drivers | 33,900 | $23.14 |
| Nursing Assistants | 32,400 | $23.15 |
| Customer Service Representatives | 59,690 | $23.59 |
| Office Clerks, General | 65,130 | $24.00 |
| Secretaries and Administrative Assistants, Except Legal, Medical, and Executive | 65,960 | $24.83 |
| Maintenance and Repair Workers, General | 37,350 | $27.08 |
| First-Line Supervisors of Retail Sales Workers | 31,160 | $28.33 |
| Bookkeeping, Accounting, and Auditing Clerks | 37,550 | $28.81 |
| All Occupations | 4,285,720 | $28.94 |
| Heavy and Tractor-Trailer Truck Drivers | 47,980 | $31.41 |
| Housing Wage 1 Bedroom | $36.88 | |
| First-Line Supervisors of Office and Administrative Support Workers | 55,210 | $37.88 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | 44,980 | $39.14 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | 34,360 | $39.24 |
| Housing Wage 2 Bedroom | $43.89 | |
| Business Operations Specialists, All Other | 34,210 | $45.00 |
| Accountants and Auditors | 42,250 | $49.83 |
| Registered Nurses | 92,680 | $52.63 |
| Software Developers | 51,570 | $67.18 |
| General and Operations Managers | 53,000 | $85.84 |
| Financial Managers | 32,510 | $98.40 |
| Computer and Information Systems Managers | 34,470 | $100.54 |