Income Inequality in New Jersey

The Growing Divide and its Consequences

This report continues the Poverty Research Institute’s analysis of examining income inequality in New Jersey. It extends the analysis to 2013, enabling an assessment of the extent to which income inequality in New Jersey has changed four years after the conclusion of the recession. It shows that income inequality has continued to rise in New Jersey since the end of the recession. While the top twenty percent of households have increased their income share in the post-recessionary period as well as recouping some of the income lost during the recession, the income share of the bottom eighty percent has decreased. As a result, in 2013 the gap between the top fifth of all households and the remaining four-fifths was at its largest since the end of the recession in 2009.