When it comes to spending equity, Jersey City ranks 241 out of 540 New Jersey school districts according to financial website WalletHub. WalletHub compared a school district’s expenditures for public elementary and secondary schools per pupil and income by school district and arrived at a ranking for each district in the state. The degree to which a district spent less on public education than the state average or had a higher income than the state average detracted from the district’s equity rating.
With a per pupil expenditure of $20,867 and an average household income of $65,923, Jersey City Public Schools placed slightly above average according to WalletHub. By way of comparison, Mountain Lakes Borough School District spends $28,464 per student and has a household income of $216,250 putting it at 539 in the equity ranking. The full report can be seen here.