Elwood, NJ Employment - Median Household Income, Unemployment Rate

A+

6%

Income/capita NAT. AVG.

31%

Household income NAT. AVG.

36%

Unemployment NAT. AVG.

Index	Elwood	New Jersey	National
Income per capita	$31,709	$37,538	$29,829
Median household income	$72,282	$73,702	$55,322
Median income owner occupied	$71,192	$97,281	$70,586
Median income renter occupied	$0	$42,169	$35,192
Median earnings male	$71,298	$47,369	$36,919
Median earnings female	$0	$32,116	$26,250
Unemployment rate	3.0%	5.2%	4.7%
Poverty level	1.7%	10.9%	15.1%

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Key findings

The income per capita in Elwood is 6% higher than the national average
The median household income in Elwood is 31% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Elwood is 36% lower than the national average
The poverty level in Elwood is 88% lower than the national average

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am i middle class

$48,183 $72,282 $144,564

City

$49,129 $73,702 $147,404

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Elwood median earnings by income bracket

Elwood employment by industry

Labour Type	Male	Female
Construction industry	6.7%	6.7%
Manufacturing sector	12.0%	12.0%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	2.5%	2.5%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	38.7%	38.7%
Education, health & social services	21.4%	21.4%
Other	18.7%	18.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Barclay, NJ	4,044	$145,588	163.2%
Port Republic, NJ	1,127	$141,250	155.3%
Folsom, NJ	1,610	$101,250	83.0%
Estell Manor, NJ	1,682	$100,938	82.5%
Pomona, NJ	7,756	$88,447	59.9%
Elwood, NJ	1,226	$72,282	30.7%

Cities with similar population

City	Population	Household Income	National Avg.
Pasatiempo, CA	1,226	$190,994	245.2%
Somerville, TX	1,226	$49,643	10.3%
Muscoda, WI	1,226	$43,807	20.8%
Wyanet, IL	1,227	$47,454	14.2%
Geneva, IN	1,227	$51,974	6.1%
Elwood, NJ	1,226	$72,282	30.7%

Source: The Elwood, NJ employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).