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Economy in Bayonne, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBayonne, NJUnited States
Unemployment Rate11.20%9.10%
Recent Job Growth-0.25%-0.12%
Future Job Growth28.30%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$29,039$27,067
Household Income$55,815$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.71%12.10%
Income between 15K and 25K9.84%10.18%
Income between 25K and 35K9.04%10.56%
Income between 35K and 50K13.97%14.98%
Income between 50K and 75K18.33%19.53%
Income between 75K and 100K13.92%12.52%
Income between 100K and 150K14.35%12.14%
Income between 150K and 250K5.29%3.91%
Income between 250K and 500K2.29%3.34%
Income greater than 500K0.25%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.91%13.81%
Professional and Related Occupations19.98%22.68%
Service12.83%14.51%
Sales and Office23.86%25.22%
Farming, Fishing, and Forestry0.06%0.68%
Construction, Extraction, and Maintenance8.00%9.37%
Production, Transportation, and Material Moving13.15%15.86%
Median Household Income

The unemployment rate in Bayonne, NJ, is 11.20%, with job growth of -0.25%. Future job growth over the next ten years is predicted to be 28.30%.

Bayonne, NJ Taxes

Bayonne, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Bayonne, NJ Income and Salaries

The income per capita is $29,039, which includes all adults and children. The median household income is $55,815.


Bayonne Economy SperlingViews

Mass transit: Public tranportation is very good,especially if your working in New York... (read more)Brutal Gritty Charm: Shanty Irishmen with explosive tempers who are bone-thin and driving $60,000 pick-up trucks; all too many women are either chain-smokers and/or stuff themselves into a... (read more)GENERAL: I have to agree with Dr. Mary on the comment she posted. I lived in this city for over 50 yrs. with a 10 yr. miss in the 70s. I'm retiring this year and will be soo... (read more)Have an opinion about Bayonne? Leave a commentTo See All SperlingViews for Bayonne Click Here