The Census Bureau has released the latest estimates from the American Community Survey data to estimate the household income inequality. We have crunched the numbers and the rankings are in. See the ZIPs in New Jersey with the lowest household income inequality below, and the highest household income inequality ZIPs. Only ZIP codes with a low margin of error are included.
Income inequality is measured on a scale from 0 to 100 - though is usually in the range of 30-65 in the United States - using the Gini Coefficient. Lower values indicate that household income is more evenly distributed on a pre-tax basis. Other countries range from high inequality in countries like Brazil (50s) to high equality like Sweden (30s).
The New Jersey household income inequality from the latest estimates is 47.9 and has fallen 0.4% from 48.1.
This year saw several big changes. 07851 (Layton, NJ) ranked for the first time, 08061 (Mount Royal, NJ) ranked for the first time, 08887 (Three Bridges, NJ) fell from #1 to #3, 07838 (Great Meadows, NJ) fell from #2 to #4, and 08319 (Estell Manor, NJ) fell from #3 to #5.