How to change the text of a label?

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I have a radiobutton list and on click on the radio button item I have to change the text of its label. But for some reason it’s not working. Code is below:

<asp:Label ID="lblVessel" Text="Vessel:" runat="server"></asp:Label>

<script language="javascript">
  $(document).ready(function() {

    $('#rblDiv input').click(function() {
      var selected = $("#rblDiv input:radio:checked").val();
      if (selected == "exportpack") {
        $('#lblVessel').text("NewText");
      }
    });
  });
</script>

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