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2024 Compare Cities Economy:
Bloomfield, NJ vs Newark, NJ

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Highlights
- Household income in Newark, is 52% less than it is in Bloomfield and is 67% below the National Average.
- Bloomfield unemployment rate is 9.6%.
- Newark unemployment rate is 13.0%.

Economy
 Bloomfield, NJNewark, NJUnited States
 Unemployment Rate9.6%13.0%6.0%
 Recent Job Growth-0.7%-0.7%1.6%
 Future Job Growth20.9%18.1%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$42,782$22,194$37,638
 Household Income$86,264$41,335$69,021
 Family Median Income$105,929$48,589$85,028
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 Est. Households By Income
 Bloomfield, NJNewark, NJUnited States
 Income Less Than 15K6.7%21.2%9.4%
 Income between 15K and 20K2.4%6.2%3.8%
 Income between 20K and 30K5.5%12.0%8.1%
 Income between 30K and 40K5.3%9.5%8.0%
 Income between 40K and 50K5.3%8.8%7.6%
 Income between 50K and 60K7.1%7.8%7.2%
 Income between 60K and 75K10.8%9.1%9.6%
 Income between 75K and 100K14.4%9.7%12.8%
 Income between 100K and 150K17.5%9.6%16.3%
 Income between 150K and 200K12.4%3.5%7.8%
 Income greater than 200K12.6%2.7%9.5%
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 Population By Occupation
 Bloomfield, NJNewark, NJUnited States
 Management, business, finance18.5%8.8%16.4%
 Engineering, computers, science5.5%2.8%6.5%
 Community, social services3.7%2.3%1.8%
 Legal1.3%0.5%1.2%
 Education, library8.5%4.8%6.2%
 Arts, design, media, sports, entertainment4.0%1.2%2.0%
 Healthcare practitioners and technology7.3%3.0%6.2%
 Healthcare support4.5%6.0%3.3%
 Firefighters, law enforcement2.9%4.3%2.1%
 Food preparation, serving3.7%5.1%5.4%
 Building maintenance2.3%6.7%3.6%
 Personal care3.4%2.9%2.6%
 Sales, office, administrative support19.2%19.9%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair5.2%12.3%8.1%
 Production, transportation, material moving9.9%19.2%13.1%

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Reviews for Bloomfield    3 Reviews

Bloomfield is hit right now. With its wonderful schools, proximity to NYC, diversity and progressive vibe, Bloomfield is the ideal place to raise a family or start a  More

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I'm not originally from NJ, and chose Bloomfield after getting a job in Montclair but didn't want to pay Montclair prices for rent. Bloomfield is a cheaper alternative,  More

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Over 16 years ago

Bloomfield is a quiet town that is particularly good for commuters. There are two NJ Transit Train Stations for passengers commuting into Newark and New York Penn  More

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Reviews for Newark    26 Reviews

Over 3 years ago

Newark is straight garbage.  More

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Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

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Over 11 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

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ZIPS IN BLOOMFIELD, NEW JERSEY
No Zip Codes Here.
ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102

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