Towns where families earn $200K or more

Towns where families earn $200K or more

03 Temmuz 2018 - 02:00

High taxes are chasing wealthy New Jersey residents away from the Garden State.

That's the common refrain repeated throughout the state.

But there's also been significant growth in families earning $200,000 or more, Census data shows.

In fact, since the recession, the number of those households has increased 40 percent.

In contrast, the number of households earning $100,000 or less decreased 5 percent, while those earning between $100,001 and $200,000 increased 7 percent.

According to the Census data, there were about 248,000 households in the state earning $200,000 or more in the years before the recession. Now, there are about 344,000, about 11 percent of all households.

Before the recession, they made up about 8 percent of total households.

But where are those people living? Are they flocking to certain towns more than others?

We analyzed two snapshots of Census data (2012-2016 and 2005-2009) for each municipality and found the towns where the number of $200,000-plus households grew the most.

We ranked them below:

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28. Weehawken (Hudson)

Household Income of $200,000 or more

(2005-2009): 338 households (5.98%)

(2012-2016): 1,086 households (18.2%)

Change: +748

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27. Robbinsville Township (Mercer)

Household Income of $200,000 or more

(2005-2009): 497 households (11.4%)

(2012-2016): 1,255 households (25.1%)

Change: +758

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26. Medford Township (Burlington)

Household Income of $200,000 or more

(2005-2009): 1,105 households (13.6%)

(2012-2016): 1,875 households (22.6%)

Change: +770

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25. Evesham Township (Burlington)

Household Income of $200,000 or more

(2005-2009): 1,360 households (7.3%)

(2012-2016): 2,103 households (12.1%)

Change: +797


Kaynak:Nj.com

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