New Jersey Economic Overview
Key economic indicators for New Jersey (NJ). Population: 9,288,994.
Unemployment Rate
4.0%
Below national avg (~4.2%)
Median Annual Wage
$68,000
Source: Census ACS / BLS
Wage Growth (YoY)
+3.2%
Year-over-year change
Population
9.3M
Source: 2020 Census
About the New Jersey Economy
New Jersey has an unemployment rate of 4.0%, which is below the national average. The median annual wage is $68,000, with wages growing at 3.2% year-over-year. With a population of 9,288,994, New Jersey is the a mid-size state economy in the U.S.