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2024 Compare Cities Economy:
Stockton, NJ vs Milford, NJ

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Highlights
- Household income in Milford, is 25% less than it is in Stockton and is 19% above the National Average.
- Stockton unemployment rate is 5.9%.
- Milford unemployment rate is 5.9%.

Economy
 Stockton, NJMilford, NJUnited States
 Unemployment Rate5.9%5.9%6.0%
 Recent Job Growth-0.8%-0.8%1.6%
 Future Job Growth22.4%22.4%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$68,757$44,449$37,638
 Household Income$113,000$85,000$69,021
 Family Median Income$142,000$98,967$85,028
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 Est. Households By Income
 Stockton, NJMilford, NJUnited States
 Income Less Than 15K1.7%3.9%9.4%
 Income between 15K and 20K0.9%0.6%3.8%
 Income between 20K and 30K4.3%9.9%8.1%
 Income between 30K and 40K3.0%5.4%8.0%
 Income between 40K and 50K4.8%4.9%7.6%
 Income between 50K and 60K5.2%4.1%7.2%
 Income between 60K and 75K13.5%10.1%9.6%
 Income between 75K and 100K13.0%23.3%12.8%
 Income between 100K and 150K25.2%17.5%16.3%
 Income between 150K and 200K11.3%11.7%7.8%
 Income greater than 200K17.0%8.6%9.5%
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 Population By Occupation
 Stockton, NJMilford, NJUnited States
 Management, business, finance16.0%18.6%16.4%
 Engineering, computers, science12.5%4.0%6.5%
 Community, social services0.0%3.4%1.8%
 Legal6.3%1.2%1.2%
 Education, library12.5%11.4%6.2%
 Arts, design, media, sports, entertainment1.6%4.6%2.0%
 Healthcare practitioners and technology2.7%1.4%6.2%
 Healthcare support2.3%0.0%3.3%
 Firefighters, law enforcement3.1%0.7%2.1%
 Food preparation, serving2.7%8.6%5.4%
 Building maintenance2.7%2.9%3.6%
 Personal care4.3%2.4%2.6%
 Sales, office, administrative support18.0%23.4%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair4.7%10.0%8.1%
 Production, transportation, material moving10.5%7.4%13.1%

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