#6
New Jersey
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State Facts
Minimum Wage
$8.85
Average Renter Wage
$18.68
2-Bedroom Housing Wage
$28.86
Number of Renter Households
1,147,038
Percent Renters
36%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$8.85/hr
Each week you
have to work
107HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| Total | 3,199,111 | 100,660 |
| Renter | 1,147,038 | 32,815 |
| Percent Renters | 36% | 33% |
| Housing Wage | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| Zero-Bedroom | $20.27 | $16.50 |
| One-Bedroom | $23.58 | $19.29 |
| Two-Bedroom | $28.86 | $24.60 |
| Three-Bedroom | $36.84 | $32.37 |
| Four-Bedroom | $42.58 | $36.79 |
| Fair Market Rent | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| Zero-Bedroom | $1,054 | $858 |
| One-Bedroom | $1,226 | $1,003 |
| Two-Bedroom | $1,501 | $1,279 |
| Three-Bedroom | $1,915 | $1,683 |
| Four-Bedroom | $2,214 | $1,913 |
| Annual Income Needed to Afford | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| Zero-Bedroom | $42,156 | $34,320 |
| One-Bedroom | $49,053 | $40,120 |
| Two-Bedroom | $60,030 | $51,160 |
| Three-Bedroom | $76,617 | $67,320 |
| Four-Bedroom | $88,562 | $76,520 |
| Minimum Wage | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| Minimum Wage | $8.85 | $8.85 |
| Rent Affordable at Minimum Wage | $460 | $460 |
| Work Hours/Week at Minimum Wage | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| Zero-Bedroom | 92 | 75 |
| One-Bedroom | 107 | 87 |
| Two-Bedroom | 130 | 111 |
| Three-Bedroom | 166 | 146 |
| Four-Bedroom | 192 | 166 |
| Renter Wage | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| Estimated Mean Renter Wage | $18.68 | $11.23 |
| Rent Affordable at Mean Renter Wage | $971 | $584 |
| Work Hours/Week at Mean Renter Wage | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| Zero-Bedroom | 43 | 59 |
| One-Bedroom | 51 | 69 |
| Two-Bedroom | 62 | 88 |
| Three-Bedroom | 79 | 115 |
| Four-Bedroom | 91 | 131 |
| Supplemental Security Income (SSI) Payment | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| SSI Monthly Payment | $802 | $802 |
| Rent Affordable to SSI Recipient | $241 | $241 |
| Income Levels | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| 30% of Area Median Income (AMI) | $29,708 | $23,070 |
| Estimated Renter Median Household Income | $46,696 | $32,252 |
| Rent Affordable at Different Income Levels | New Jersey | Atlantic City-Hammonton MSA |
|---|---|---|
| 30% of Area Median Income (AMI) | $743 | $577 |
| Estimated Renter Median Household Income | $1,167 | $806 |
Median Wages for Largest Occupations
| Occupation | Total Employment | Median Hourly Wage |
|---|---|---|
| Counter attendants | 35,460 | $9.84 |
| Food prep workers, fast food | 45,320 | $10.17 |
| Cashiers | 99,360 | $10.57 |
| Food Preparation Workers | 32,960 | $10.98 |
| Home Health Aides | 41,040 | $11.52 |
| Retail Salespersons | 131,210 | $11.84 |
| Stock Clerks and Order Fillers | 68,040 | $12.25 |
| Waiters and Waitresses | 58,820 | $12.42 |
| Laborers and material movers | 141,660 | $13.11 |
| Teacher Assistants | 55,130 | $13.25 |
| Janitors and cleaners | 67,380 | $14.05 |
| Nursing Assistants | 56,500 | $14.37 |
| Security Guards | 39,000 | $14.61 |
| Receptionists and Information Clerks | 54,490 | $15.79 |
| Office clerks | 67,480 | $16.24 |
| Light Truck or Delivery Services Drivers | 32,310 | $17.24 |
| Customer Service Representatives | 68,260 | $18.29 |
| Secretaries and administrative assistants | 62,790 | $20.18 |
| General Maintenance and Repair workers | 31,190 | $20.87 |
| Median Wage | $21.25 | |
| Bookkeeping, Accounting, and Auditing Clerks | 43,380 | $22.64 |
| Heavy and Tractor-Trailer Truck Drivers | 48,760 | $23.56 |
| One-Bedroom Housing Wage | $23.58 | |
| Two-Bedroom Housing Wage | $28.86 | |
| Office and admin support supervisors | 40,100 | $29.65 |
| Elementary school teachers | 41,600 | $32.74 |
| Sales reps, whsl and manufacturing | 42,800 | $32.83 |
| Other Sales reps, services | 35,360 | $33.57 |
| Business operations specialists | 43,390 | $36.03 |
| Accountants and Auditors | 37,370 | $39.58 |
| Registered Nurses | 79,530 | $39.89 |
| Software Developers, Applications | 46,930 | $49.46 |
| General and Operations Managers | 43,070 | $68.31 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
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