In this exclusive interactive map created by Esri (a geographic information systems mapping software company), you can see New Jersey’s wealthiest communities by ZIP code. Esri built this map for NJBIZ using its proprietary wealth rank indicator, to determine the state’s Top 25 wealthiest areas.
The wealthiest places or ZIP codes are commonly identified by household income alone. Esri’s list of the wealthiest areas is compiled from a number of indicators of affluence that include average household income and average net worth. Wealth is really more than above-average household income. In addition to the current flow of household income, Esri’s wealth estimate includes numerous types of accumulated assets, both material and financial. Top ranks reflect both accumulated wealth and the rate of increase in wealth (as measured by current income).
Esri’s 2016 updates introduce unique sociodemographic methods to model average income and net worth. This top-down, bottom-up approach not only provides well-grounded small area estimates, but portrays a more realist picture of the nation’s wealth differential.