Though it may seem odd to some people, New Jersey’s median annual household income of $80,088 places it solidly in second place for the wealthiest states. Citizens from rival states may have a negative view of New Jersey, but there’s no doubt that it has taken huge economic strides thanks to its many pharmaceutical and biotechnical industries. Additionally, the state is home to over 5,000 IT businesses, including major names like Verizon. Its tourism industry has also begun to improve dramatically in recent years. This is due to its extensive transportation system and the Las Vegas of the east coast: Cape May, Atlantic City.
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