Passaic County, New Jersey

Income Data

-14% vs. New Jersey average
$87,137
Median Household Income
$40,241
Per Capita Income

At a Glance

Median Household Income
$87,137
-14% vs. state avg
Per Capita Income
$40,241
+2% vs. national
Income-to-Housing Ratio
19.8%
income as % of home value
Rank in New Jersey
#15 / 21
by median household income

How Passaic County Compares

Passaic County$87,137
New Jersey Average$100,891
National Median$74,755

Detailed Income Statistics

$87,137
Median Household Income
$40,241
Per Capita Income
$439,400
Median Home Value
19.8%
Income-to-Housing Ratio

Data Story

About Household Income in Passaic County, New Jersey

Passaic County earns 16% above national median

Passaic County's median household income of $87,137 exceeds the U.S. median of $74,755 by $12,382, placing residents modestly above the national average. This performance reflects a diverse economy with manufacturing, healthcare, and small business activity supporting middle-income households.

Below-average income in New Jersey

At $87,137, Passaic County ranks among the lower-income counties in New Jersey, trailing the state median of $100,891 by $13,754. The county's income profile reflects its mixed urban and suburban character, with significant immigrant communities and working-class employment sectors.

Passaic trails most neighboring counties

Passaic County's $87,137 median income ranks second-lowest in this cluster, exceeding only Ocean County ($86,411) while significantly trailing Morris County ($134,929), Hunterdon County ($139,453), and Mercer County ($96,333). The income gap reflects Passaic's position as an economically developing county relative to New Jersey's prosperous northern tier.

Housing costs exceed affordability targets

Passaic residents spend 21.4% of household income on rent, above the 20% affordability threshold and creating budget pressure for many households. With a median home value of $439,400, renters face greater affordability challenges than homeowners, constraining savings capacity.

Build wealth through persistent discipline

Passaic County's median household income of $87,137 requires intentional financial planning to overcome higher housing cost burdens and build long-term wealth. Focus on employer retirement plans first, automate small monthly savings transfers, and leverage lower property costs outside core urban areas to build home equity over time.

Frequently Asked Questions

What is the median household income in Passaic County, New Jersey?
The median household income in Passaic County, New Jersey is $87,137, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Passaic County?
The per capita income in Passaic County is $40,241, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $87,137.
How does Passaic County compare to the New Jersey average?
Passaic County's median household income of $87,137 is lower than the New Jersey state average of $100,891. The per capita income is $40,241, compared to the state average of $52,255.
What is the per capita income in Passaic County, New Jersey?
The per capita income in Passaic County, New Jersey is $40,241, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Passaic County a low-income area in New Jersey?
Passaic County's median household income of $87,137 is below the New Jersey average of $100,891. The per capita income of $40,241 is also lower than the state average of $52,255. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Passaic County rank for income in New Jersey?
Passaic County ranks #15 out of 21 counties in New Jersey by median household income (1 = highest). With a median household income of $87,137 and per capita income of $40,241, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Passaic County

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Your income is above the Passaic County median

County median: $87,137 per year

vs. County Median

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vs. State Average

-14%

vs. National Median

+17%

vs. Passaic County MedianAbout equal
vs. New Jersey Average14% below
vs. National Median17% above

Income Adequacy

Monthly income covers median rent4.7x

Your monthly income ($7,261) vs. median rent ($1,553/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.