Passaic County, New Jersey
Income Data
At a Glance
How Passaic County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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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%
Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.