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Economy in Berkeley Heights Township, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBerkeley Heights Township, NJUnited States
Unemployment Rate10.10%9.10%
Recent Job Growth-0.25%-0.12%
Future Job Growth29.40%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$55,984$27,067
Household Income$132,791$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.20%12.10%
Income between 15K and 25K2.65%10.18%
Income between 25K and 35K3.47%10.56%
Income between 35K and 50K5.28%14.98%
Income between 50K and 75K10.93%19.53%
Income between 75K and 100K10.38%12.52%
Income between 100K and 150K21.64%12.14%
Income between 150K and 250K15.22%3.91%
Income between 250K and 500K22.38%3.34%
Income greater than 500K4.85%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations24.45%13.81%
Professional and Related Occupations28.76%22.68%
Service9.44%14.51%
Sales and Office23.64%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance4.98%9.37%
Production, Transportation, and Material Moving4.17%15.86%
Median Household Income

The unemployment rate in Berkeley Heights Township, NJ, is 10.10%, with job growth of -0.25%. Future job growth over the next ten years is predicted to be 29.40%.

Berkeley Heights Township, NJ Taxes

Berkeley Heights Township, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Berkeley Heights Township, NJ Income and Salaries

The income per capita is $55,984, which includes all adults and children. The median household income is $132,791.


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