New Jersey is a very wealthy state. Those inclined to doubt it — or who have forgotten that fact — need only look at Bloomberg’s survey of America’s 100 wealthiest places: There are 14 Garden State communities on the list. Top ranked among New Jersey entries, at No. 5, is Short Hills, with an average household income in 2015 of $346,819. Upper Saddle River is in the 19th slot ($276,982 ); North Caldwell comes in 34th ($251,248).
According to the survey, which is based on census data, more than one-third of the nation’s 100 richest households are located within 50 miles of New York City.
Glen Rock finishes lowest on the list of New Jersey communities at 92; annual household income for 2015 is a paltry $197,914.