New Jersey has a per capita personal income (PCPI) of $53,181. This PCPI is 128 percent of the national average, $41,663. The 2011 PCPI reflected an increase of 4.0 percent from 2010. The 2010-2011 national change was 4.3 percent. The 2001-2011 compound annual growth rate of PCPI was 3.0 percent. The compound annual growth rate for the nation was 2.9 percent.
Gross Domestic Product (GDP) for Industries In New JerseyIn 2011, the largest industry in New Jersey was real estate and rental and leasing. This industry accounted for 15.7 percent of New Jersey GDP and had a 6.8 percent real decline. The second largest industry was government, which accounted for 11.2 percent of New Jersey GDP and had a 0.3 percent real decline. The industry that subtracted the most from real GDP growth in New Jersey was real estate and rental and leasing. This industry subtracted 1.14 percentage points from the growth rate of real GDP. The second largest industry to subtract from growth was utilities. This industry subtracted 0.17 percentage point from the growth rate of real GDP.