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New Jersey has a population of approximately 9,234,024 and experiences a population change rate of 9.74%. The population density is 1,255.6 / sq mi .
The median household income for New Jersey is $89,703, with 3,397,156 households and an average household size of 2.66.
The median value of a home in New Jersey is $432,100 with an appreciation rate of 16.00%. 58.00% of housing in the state is owned while 32.88% is rented.
The cost of living in New Jersey is 132.6 %.
The unemployment rate in New Jersey is 3.00%, and recent job growth is at 2.78%. Future job growth is projected at 48.22%.
The sales tax rate in New Jersey is 6.63%, while the income tax rate is 5.53% .
School expenditures in New Jersey are $24,342, and the school ratio is 12.1:1.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 47.6 inches per year, with 22.6 inches of snow per year.