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Incomes drop in Bergen and Passaic counties

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Incomes drop in Bergen and Passaic counties
Tuesday December 17, 2013, 11:34 PM
BY  KATHLEEN LYNN AND DAVE SHEINGOLD
STAFF WRITERS
The Record

Incomes in Bergen and Passaic counties remain well below the levels of 2000, according to U.S. census figures released Tuesday — the result of a deep recession, a listless job market, and the flow of jobs and affluent households east to New York City and urban Hudson County.

The incomes posted small gains in 2012, but since 2000, Bergen’s median household income declined 6 percent after inflation, to $84,300, while Passaic County incomes plummeted 15 percent to $57,500.

Most towns in the two counties registered income losses. The declines were based on data collected for the 2000 census and a five-year period running from the start of 2008 through 2012.

https://www.northjersey.com/news/Incomes_drop_in_Bergen_and_Passaic_counties.html

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