New Jersey

Scott D. Watkins and Patrick Anderson
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Scott D. Watkins: Anderson Economic Group, LLC

A chapter in The State Economic Handbook 2008 Edition, 2007, pp 150-154 from Palgrave Macmillan

Abstract: Abstract Demographics and Socioeconomics. With a population of 8.5 million people, New Jersey was the tenth most populous state in the United States in 2005. From 2000 to 2005 the state’s population increased by 107,077 people and is projected to reach 9.6 million by 2025. This 0.6 percent projected annual growth rate compares to the projected national average of 1.0 percent. Per capita personal income in New Jersey was $43,822 in 2005, the second highestxs in the country and $9,327 above the national average. From 2000 to 2005 per capita income in New Jersey grew at an average annual rate of 2.7 percent, compared to 2.9 percent nationally.

Keywords: National Average; Capita Income; Annual Growth Rate; Average Annual Rate; Business Climate (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230607248_31

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