Prospect Park, NJ Employment - Median Household Income, Unemployment Rate

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C-

22%

Income/capita NAT. AVG.

12%

Household income NAT. AVG.

11%

Unemployment NAT. AVG.

Index	Prospect Park	New Jersey	National
Income per capita	$23,404	$37,538	$29,829
Median household income	$48,838	$73,702	$55,322
Median income owner occupied	$86,354	$97,281	$70,586
Median income renter occupied	$31,064	$42,169	$35,192
Median earnings male	$37,689	$47,369	$36,919
Median earnings female	$25,938	$32,116	$26,250
Unemployment rate	4.2%	5.2%	4.7%
Poverty level	16.8%	10.9%	15.1%

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Key findings

The income per capita in Prospect Park is 22% lower than the national average
The median household income in Prospect Park is 12% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Prospect Park is 11% lower than the national average
The poverty level in Prospect Park is 11% higher than the national average

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am i middle class

$32,555 $48,838 $97,676

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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Prospect Park median earnings by income bracket

Prospect Park employment by industry

Labour Type	Male	Female
Construction industry	12.5%	12.5%
Manufacturing sector	20.7%	20.7%
Financial & insurance services	1.2%	1.2%
Wholesale & retail services	17.4%	17.4%
Public administration	1.3%	1.3%
Transportation, warehousing & utilities	6.0%	6.0%
Education, health & social services	17.6%	17.6%
Other	21.2%	21.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Short Hills, NJ	13,700	$250,001	351.9%
Rockleigh, NJ	650	$242,500	338.3%
Ho-Ho-Kus, NJ	4,096	$230,682	317.0%
Mountain Lakes, NJ	4,249	$225,208	307.1%
Essex Fells, NJ	2,037	$215,104	288.8%
Prospect Park, NJ	5,853	$48,838	11.7%

Cities with similar population

City	Population	Household Income	National Avg.
Bay Roberts, NL	5,853	n/a
Windcrest, TX	5,854	$80,069	44.7%
Stirling-Rawdon, ON	5,854	n/a
Richmond, MI	5,851	$54,801	0.9%
Luling, TX	5,850	$54,245	1.9%
Prospect Park, NJ	5,853	$48,838	11.7%

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