The Paterson, NJ employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Paterson is $16,821, which is 55% lower than than the New Jersey average and 44% lower than than the national average. The median household income is $34,042, which is 54% lower than than the New Jersey average and 38% lower than than the national average. The unemployment rate in Paterson is 5%, which is equal to than the national average. The poverty rate in Paterson is 29% which is 92% higher than than the national average.
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am i middle class
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.
Did you know?
The income per capita in Paterson is 44% lower than the national average.
The median household income in Paterson is 38% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Paterson is equal to the national average.
The poverty level in Paterson is 92% higher than the national average.