Another economic study, another middling result for N.J.

By Alex Wolmart
New Jersey | Jun 19, 2019 at 11:21 am

New Jersey’s done it again.

It has once again found itself in the middle of the pack, performing unimpressively, when it comes to rankings released by personal-finance website WalletHub.

On Wednesday, WalletHub released its 2019 Most Independent States study, and New Jersey ranked 23rd.

The website’s data team compared all 50 states on five criteria: consumer finances, government, the job market, international trade and personal vices.

New Jersey ranked No. 4 in personal vices and No. 6 in government — not necessarily good things — but finished a meager 31st in consumer finances, 37th in international trade and 48th in job market.

All five factors were weighted evenly and given the same degree of importance, resulting in a total score of 55.54 out of 100 for the Garden State.

New Jersey was tied with Kansas for having the third-highest percentage of adults with gambling disorders.

However, there is some good news.

WalletHub also had the state at No. 4 for highest median household income (adjusted by cost of living) and as the third-least federally-dependent state in the country.