NJ Median Income maps 2008 (Wayne, Hackettstown: house, school, living)

[rainrock]

Originally Posted by tahiti

Hudson? Source?

I'm not sure what affordable housing has to do with a simple map of income. But, since you brought it up, I'm pretty sure housing in my neck of the woods in more affordable than Moorestown, AND income is higher.

Dude, it's ok that some places have a lower income than others, seriously, it is. It doesn't take away from your precious South Jersey.

THe Napolean complex.This kid gets brutalized on a daily basis on the PA board trying to convince people South Jersey is superior to the wealthy Philly suburban counties. At first I thought this individual was simply trying to be the devils advocate but as time passed it all came into focus. Delusionment, sheer delusion.

[MoorestownResident]

Income in Moorestown is understated. Median Family income is closer to $150K. There's a greater concentration of condos, townhomes and state approved 'affordable housing' than north jersey. It was a controversial decision but the Mount Laurel decision had a great effect in South Jersey. The poorest county in NJ is either Hudson or Passiac, I don't remember which one.

[BPP1999]

Originally Posted by mike0421

My observation was the # of green/dark green in the NYC orbit compared to Philly. The only one that breaks light green around Philly is one of the Cherry Hill zips. There are 16 dark green zips, and all of them are north of 195.

This makes sense to me. There's a significant differential between an average salary in NYC vs. Philadelphia for the same job. For example, when I graduated college in 2000, the Big 5 accounting firms at the time were offering $40k in Philly, $50k in NYC. This issue is what it is, as NYC is the economic and cultural capital of the country. Also, there are more jobs in NYC. And, more people live in North Jersey and commute to NYC for work than South Jersey residents who commute to work in Philly. Also, North Jersey has many more of its own high-paying jobs than South Jersey.

You will find the higher Philly incomes in Bucks, Chester, Delaware, and Montgomery Counties in PA.

[MoorestownResident]

Originally Posted by rainrock

THe Napolean complex.This kid gets brutalized on a daily basis on the PA board trying to convince people South Jersey is superior to the wealthy Philly suburban counties. At first I thought this individual was simply trying to be the devils advocate but as time passed it all came into focus. Delusionment, sheer delusion.

The only one who even presents an argument is RainRock on the PA board. He doesn't have another supporter based on the evidence that I provided including - comparisons of property taxes, price per sqaure feet in the high-end of the market, comparison of location to major centers of influence, the vastly different housing composition between the two areas and relatively stronger economic growth found in SJ. PA doesn't have 'affordable housing' law because the entire state is considered 'affordable'.

The bottom line is PA is fine for what it is but comparing to NJ is simply silly. NJ has a far superior location. Real estate is about location. Industry and growth are about location. That's the crux of the issue here and what bothers Rocker the most. He knows I'm right.

[tahiti]

Originally Posted by MoorestownResident

Income in Moorestown is understated. Median Family income is closer to $150K. There's a greater concentration of condos, townhomes and state approved 'affordable housing' than north jersey. It was a controversial decision but the Mount Laurel decision had a great effect in South Jersey. The poorest county in NJ is either Hudson or Passiac, I don't remember which one.

do you have sources for both bolded? thanks.

[MoorestownResident]

Money has median family income at $118K but it closer to $150K based on current estimates that I have seen but don't have a direct link to. The data is not current. There have been 30-50 or so $1 million+ properties built in town in the past 3-5 years, the income of those folks is not included, it does also not include Vernon Hill's income and his 45,000 square foot estate. The other thing is there are 4 large retirement communities in Moorestown so income and housing data are always understated. For that reason household income is even more understated. Retirement income is income from investments and pensions.

This local realtors link has $110K-$250K as median income of 180K average which is more accurate.

Moorestown - Catherine M Hartman

The most recent county data was released maybe a couple months ago and posted on the board. American Family Community Survey can be found at the census.

[mike0421]

Originally Posted by MoorestownResident

Income in Moorestown is understated. Median Family income is closer to $150K. There's a greater concentration of condos, townhomes and state approved 'affordable housing' than north jersey. It was a controversial decision but the Mount Laurel decision had a great effect in South Jersey. The poorest county in NJ is either Hudson or Passiac, I don't remember which one.

MoorestownResident:

The poorest county in NJ is Cumberland, by a large margin.

Exerpt: http://orfe.princeton.edu/~alaink/PR...rland_Wish.doc

"Cumberland County, with a per capita income of $17,376 and a median household income of $39,170 in 2000, is the poorest county in New Jersey by a good stretch. For comparative purposes, the wealthiest county in the state, Somerset County, had a per capita income of $37,970 and a median household income of $76,933. The state itself had a per capita income of $27,006 and a median household income of $55,146. While these measures made New Jersey the richest state in the nation and Somerset County the 7th wealthiest in the county, Somerset certainly did not fare so well. Of the 21 counties in New Jersey, 9 are in the top 100 for wealth in the US. 13 are in the top 200. The 20th ranked county in terms of per capita income, Salem County (located on Cumberland’s western border) ranked 462 in the nation. One must look far down the list, to position 1353 (out of 3,086 total in the entire country) to find Cumberland County. The county could certainly use some sort of revitalization (or vitalization) program, especially as 15% of the population lives below the population line, compared with 8.5% for the state as a whole. Further reinforcing the situation in Cumberland County is the fact that of the 702 municipalities in New Jersey ranked in terms of per capita income, the only three from Cumberland County, Vineland, Millville, and Bridgeton, rank 619, 628, and 700 respectively."

[tommyc_37]

Hudson County's median income cannot be lower than Cumberland County, or Atlantic County. Even Cape May County has to be lower. Can somebody provide a link to counties ranked by income?

[tommyc_37]

Mike, quick on the draw. I figured Cumberland was poorer than Hudson. What about Atlantic County and Cape May?

The interesting thing about Hudson is that there are people who are very, very wealthy, and people who are very, very poor. Often living within a few blocks of each other. Since Hudson County is primarily urban, this is the case.

[MoorestownResident]

The most data is 2007 and you guys are incorrect. When the census site comes up, I'll post the numbers.