Prospect Park employment information

IndexProspect ParkNew JerseyNational
Income per capita$21,177$37,538$29,829
Median household income$54,009$73,702$55,322
Median income owner occupied$74,375$97,281$70,586
Median income renter occupied$36,415$42,169$35,192
Median earnings male$30,200$47,369$36,919
Median earnings female$27,770$32,116$26,250
Unemployment rate5.2%5.2%4.7%
Poverty level20.2%10.9%15.1%
The Prospect Park, 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 Prospect Park is $21,177, which is 44% lower than than the New Jersey average and 29% lower than than the national average. The median household income is $54,009, which is 27% lower than than the New Jersey average and 2% lower than than the national average. The unemployment rate in Prospect Park is 5%, which is 12% higher than than the national average. The poverty rate in Prospect Park is 20% which is 34% higher than than the national average.

am i middle class

$Input your household income
$36,002$54,009$108,018
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.

Did you know?

  • The income per capita in Prospect Park is 29% lower than the national average.
  • The median household income in Prospect Park is 2% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Prospect Park is 12% higher than the national average.
  • The poverty level in Prospect Park is 34% higher than the national average.

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Compare Prospect Park, NJ Employment To Other Cities

Employment status

Hours worked per week

Prospect Park median earnings by income bracket

Prospect Park employment by industry

Labour TypeMaleFemale
Construction industry12.4%0.8%
Manufacturing sector22.7%0.0%
Financial & insurance services1.4%1.3%
Wholesale & retail services21.2%13.2%
Public administration0.5%8.5%
Transportation, warehousing & utilities14.4%4.2%
Education, health & social services10.8%41.6%
Other15.4%19.9%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Short Hills, NJ12,771$250,001352%
Upper Montclair, NJ11,731$190,515244%
North Caldwell, NJ6,519$188,897241%
Essex Fells, NJ2,164$174,432215%
Upper Saddle River, NJ8,301$171,747210%
Prospect Park, NJ5,919$54,0092%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Gun Barrel City, TX5,920$42,76523%
Battlefield, MO5,920$63,86415%
Glendale, MO5,917$128,571132%
Hillandale, MD5,921$101,27083%
Indiantown, FL5,921$33,32240%
Prospect Park, NJ5,919$54,0092%
Source: The Prospect Park, NJ employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).