Economy, jobs and prices in Hoboken, New Jersey: official figures
The median household income in Hoboken was $180,579 a year in the 2020-2024 American Community Survey (in 2024 dollars), 12th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the New Jersey median $103,556.
What is the per capita income in Hoboken?
Income per resident (per capita income) in Hoboken averaged $109,360 a year in 2020-2024, 5th highest of 823 US cities of 50,000 or more (US: $44,673; New Jersey: $54,253).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in Hoboken?
Hoboken's Gini index of household income inequality was 0.467 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 259th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in Hoboken, New Jersey?
3.8% of the civilian labor force in Hoboken was unemployed on average over 2020-2024 (1,548 people), 130th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and New Jersey's 6.3%.
Source: U.S. Census Bureau · saved copyHow many people in Hoboken have jobs?
39,670 residents of Hoboken held civilian jobs, 78.8% of those aged 16 and over (US: 59.7%); the survey counted no residents in the armed forces.
Source: U.S. Census Bureau · saved copyWhat are the main industries in Hoboken?
The largest industry group for working residents of Hoboken was professional, scientific, management and administrative services (25.0% of employed residents), followed by finance, insurance and real estate (22.9%) and education, health care and social assistance (14.6%), 2020-2024.
Source: U.S. Census Bureau · saved copyHow many people in Hoboken work in manufacturing?
Manufacturing employed 6.6% of working residents of Hoboken, 220th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 25.0% (US: 12.6%).
Source: U.S. Census Bureau · saved copyHow long is the commute in Hoboken, New Jersey?
Commuters in Hoboken took 36.8 minutes on average to get to work in 2020-2024, 18th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 13.8% travelled an hour or more and 8.3% less than 15 minutes.
Source: U.S. Census Bureau · saved copyHow do people in Hoboken get to work?
36.7% of workers living in Hoboken worked from home in 2020-2024, 8th highest of 823 US cities of 50,000 or more (US: 15.1%). 16.3% drove to work alone, 1.3% carpooled, 36.6% used public transport and 7.5% walked.
Source: U.S. Census Bureau · saved copyWhat is the average rent in Hoboken, New Jersey?
The median gross rent (rent plus utilities) in Hoboken was $2,938 a month in 2020-2024, 15th highest of 823 US cities of 50,000 or more (US: $1,413; New Jersey: $1,720).
Source: U.S. Census Bureau · saved copyHow much does a house cost in Hoboken?
Owner-occupied homes in Hoboken had a median value of $895,100 in 2020-2024 as estimated by their owners, 66th highest of 823 US cities of 50,000 or more (US: $332,700; New Jersey: $454,400).
Source: U.S. Census Bureau · saved copyHow affordable are homes in Hoboken?
The median home value in Hoboken was 5.0 times the median household income, 368th highest of 823 US cities of 50,000 or more (US: 4.1 times).
Source: U.S. Census Bureau · saved copyHow many households in Hoboken have no internet?
3.5% of households in Hoboken (980) had no internet access at home in 2020-2024, 253rd lowest of 823 US cities of 50,000 or more (US: 6.5%); 6.1% relied on a cellular data plan alone (US: 11.5%).
Source: U.S. Census Bureau · saved copyHow Hoboken compares with other cities in the United States
Median household income (2024 dollars) (2020-2024)
Hoboken ranks 12 of 823, highest first.
| Rank | City | Median household income (2024 dollars) |
|---|---|---|
| 9 | Fulshear | $187,035 |
| 10 | Sunnyvale | $186,170 |
| 11 | Fremont | $181,506 |
| 12 | Hoboken | $180,579 |
| 13 | Santa Clara | $178,958 |
| 14 | Milpitas | $178,798 |
| 15 | Celina | $170,894 |
Per capita income (2024 dollars) (2020-2024)
Hoboken ranks 5 of 823, highest first.
| Rank | City | Per capita income (2024 dollars) |
|---|---|---|
| 2 | Newport Beach | $112,622 |
| 3 | Mountain View | $112,591 |
| 4 | Cupertino | $110,519 |
| 5 | Hoboken | $109,360 |
| 6 | Sunnyvale | $101,185 |
| 7 | Sammamish | $98,874 |
| 8 | Newton | $97,547 |
Gini index of household income inequality (2020-2024)
Hoboken ranks 259 of 823, highest first.
| Rank | City | Gini index of household income inequality |
|---|---|---|
| 256 | Provo | 0.468 |
| 257 | Grand Island | 0.468 |
| 258 | Barnstable Town | 0.468 |
| 259 | Hoboken | 0.467 |
| 260 | Norman | 0.467 |
| 261 | Lakeland | 0.467 |
| 262 | Merced | 0.467 |
Unemployment rate (share of civilian labor force) (2020-2024)
Hoboken ranks 694 of 823, highest first.
| Rank | City | Unemployment rate (share of civilian labor force) |
|---|---|---|
| 691 | Plainfield | 3.8% |
| 692 | Arvada | 3.8% |
| 693 | Lee's Summit | 3.8% |
| 694 | Hoboken | 3.8% |
| 695 | Newton | 3.8% |
| 696 | Newark | 3.8% |
| 697 | Bend | 3.7% |
Labor force participation rate (16 and over) (2020-2024)
Hoboken ranks 1 of 823, highest first.
| Rank | City | Labor force participation rate (16 and over) |
|---|---|---|
| 1 | Hoboken | 81.9% |
| 2 | Somerville | 79.0% |
| 3 | Alexandria | 78.3% |
| 4 | Jacksonville | 77.5% |
| 5 | Brookhaven | 76.6% |
| 6 | Herriman | 76.3% |
| 7 | Ankeny | 76.3% |
Mean travel time to work (minutes) (2020-2024)
Hoboken ranks 18 of 823, highest first.
| Rank | City | Mean travel time to work (minutes) |
|---|---|---|
| 15 | Murrieta | 37.4 |
| 16 | Eastvale | 37.1 |
| 17 | Perris | 37.1 |
| 18 | Hoboken | 36.8 |
| 19 | Jersey City | 36.8 |
| 20 | Maricopa | 36.6 |
| 21 | Hemet | 36.4 |
Workers who worked from home (2020-2024)
Hoboken ranks 8 of 823, highest first.
| Rank | City | Workers who worked from home |
|---|---|---|
| 5 | Johns Creek | 37.8% |
| 6 | Berkeley | 37.1% |
| 7 | Alpharetta | 36.7% |
| 8 | Hoboken | 36.7% |
| 9 | Cary | 36.5% |
| 10 | Apex | 36.0% |
| 11 | Celina | 35.8% |
Workers commuting by public transportation (2020-2024)
Hoboken ranks 4 of 823, highest first.
| Rank | City | Workers commuting by public transportation |
|---|---|---|
| 1 | New York | 44.0% |
| 2 | West New York | 37.1% |
| 3 | Union City | 36.8% |
| 4 | Hoboken | 36.6% |
| 5 | Jersey City | 36.1% |
| 6 | Mount Vernon | 25.8% |
| 7 | Yonkers | 23.1% |
Employed residents working in manufacturing (2020-2024)
Hoboken ranks 604 of 823, highest first.
| Rank | City | Employed residents working in manufacturing |
|---|---|---|
| 601 | Woodland | 6.6% |
| 602 | Bellevue | 6.6% |
| 603 | Rochester | 6.6% |
| 604 | Hoboken | 6.6% |
| 605 | Sammamish | 6.6% |
| 606 | Mesquite | 6.6% |
| 607 | Highland | 6.6% |
Employed residents in education, health care and social assistance (2020-2024)
Hoboken ranks 816 of 823, highest first.
| Rank | City | Employed residents in education, health care and social assistance |
|---|---|---|
| 813 | Kissimmee | 15.4% |
| 814 | Miami Beach | 15.3% |
| 815 | West Valley City | 15.2% |
| 816 | Hoboken | 14.6% |
| 817 | Decatur | 14.5% |
| 818 | Bentonville | 14.5% |
| 819 | Sunnyvale | 14.3% |
Median gross rent per month (2020-2024)
Hoboken ranks 15 of 823, highest first.
| Rank | City | Median gross rent per month |
|---|---|---|
| 12 | Irvine | $2,997 |
| 13 | San Ramon | $2,968 |
| 14 | Redwood City | $2,968 |
| 15 | Hoboken | $2,938 |
| 16 | Fremont | $2,933 |
| 17 | Laguna Niguel | $2,903 |
| 18 | Chino Hills | $2,894 |
Median value of owner-occupied homes (2020-2024)
Hoboken ranks 66 of 823, highest first.
| Rank | City | Median value of owner-occupied homes |
|---|---|---|
| 63 | San Diego | $906,700 |
| 64 | Fullerton | $902,600 |
| 65 | Diamond Bar | $902,200 |
| 66 | Hoboken | $895,100 |
| 67 | Petaluma | $878,600 |
| 68 | Chino Hills | $874,900 |
| 69 | San Marcos | $868,000 |
Median home value as a multiple of median household income (2020-2024)
Hoboken ranks 365 of 820, highest first.
| Rank | City | Median home value as a multiple of median household income |
|---|---|---|
| 362 | Albany | 5.0x |
| 363 | Weston | 5.0x |
| 364 | Tuscaloosa | 5.0x |
| 365 | Hoboken | 5.0x |
| 366 | Bowling Green | 4.9x |
| 367 | Dunwoody | 4.9x |
| 368 | St. Petersburg | 4.9x |
Occupied homes lived in by their owners (2020-2024)
Hoboken ranks 803 of 823, highest first.
| Rank | City | Occupied homes lived in by their owners |
|---|---|---|
| 800 | Bloomington | 34.7% |
| 801 | Camden | 34.4% |
| 802 | Somerville | 34.2% |
| 803 | Hoboken | 33.8% |
| 804 | Cambridge | 33.5% |
| 805 | New York | 32.8% |
| 806 | Greenville | 32.7% |
Households with a broadband subscription (2020-2024)
Hoboken ranks 106 of 823, highest first.
| Rank | City | Households with a broadband subscription |
|---|---|---|
| 103 | Plymouth | 96.1% |
| 104 | Palo Alto | 96.1% |
| 105 | Franklin | 96.0% |
| 106 | Hoboken | 96.0% |
| 107 | Newport Beach | 96.0% |
| 108 | Diamond Bar | 96.0% |
| 109 | Fulshear | 96.0% |
Households with no internet access (2020-2024)
Hoboken ranks 571 of 823, highest first.
| Rank | City | Households with no internet access |
|---|---|---|
| 568 | Greenwood | 3.5% |
| 569 | Marysville | 3.5% |
| 570 | Denton | 3.5% |
| 571 | Hoboken | 3.5% |
| 572 | Camarillo | 3.5% |
| 573 | Santee | 3.5% |
| 574 | Conroe | 3.5% |
More on Hoboken: overview · health · education and schools · poverty and living standards · government budget · all cities in the United States
Sources
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B08013: Aggregate Travel Time to Work (in Minutes) of Workers by Sex (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 6939fdfa046fd5bb829ec8da9549e66298cc740f6a3f5dd60e1920a08e3083fb), read 23 October 2026 · saved copy (SHA-256 5f94e7878b6a…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B23025: Employment Status for the Population 16 Years and Over (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 264a5bd9367c5f58d9773fa4966fa94fe1e02f9c7106bc2ab39168d6de7c3e4a), read 23 October 2026 · saved copy (SHA-256 2630e6946370…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19083: Gini Index of Income Inequality (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 338f7a1191eaaf3913913e78c36aaa9d82f2b5c8faaf889be2e597b28869205e), read 23 October 2026 · saved copy (SHA-256 b8cf854b1f94…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table C24030: Sex by Industry for the Civilian Employed Population 16 Years and Over (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 66a2799a71a5fc36f0e3bc22767fe5bdd8f96eb29e85b91311e990d35cc14114), read 23 October 2026 · saved copy (SHA-256 5d717c57e7e4…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19013: Median Household Income in the Past 12 Months (in 2024 Inflation-Adjusted Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 b25a176b0e6c339b6f3a2a0d3d8446bf06f5f080b4395993ec9a8313efb1c229), read 23 October 2026 · saved copy (SHA-256 1d8a264807c6…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B08301: Means of Transportation to Work (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 552b24c135b6e7c566910914a861cda6fc798ba0cd47801b1eb64295a128c2ee), read 23 October 2026 · saved copy (SHA-256 eaf823006d53…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19301: Per Capita Income in the Past 12 Months (in 2024 Inflation-Adjusted Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 9fc107e98fee7fa49bb8314560205569184fad65fb64b80adb5c5bdd83ccc409), read 23 October 2026 · saved copy (SHA-256 24c1e725b26a…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25064: Median Gross Rent (Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 b36e6dc1fcef36b8b307d31b37517b64c80d8b9c70d48c9b1894242860f42eb0), read 23 October 2026 · saved copy (SHA-256 b842a7ff825c…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25077: Median Value (Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 89eb2153764a2330b23959d8bbc29b3a8f3016f087b990f2a8ea0d5096d9a816), read 23 October 2026 · saved copy (SHA-256 22b59a3b1acb…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B28002: Presence and Types of Internet Subscriptions in Household (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 12446ff0691b8818f5908cdc398817361772c5b3078c506d0409adc9c841840b), read 23 October 2026 · saved copy (SHA-256 4b375b368bf9…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25003: Tenure (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 68e963e1ed60fcf6b0658579cefc6498b7a9eb780b9f3e87fd1b9775c4d4ac6c), read 23 October 2026 · saved copy (SHA-256 2983c28f47fa…)
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