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Economy in Berkeley Township, New Jersey

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Economy
EconomyBerkeley Township, NJUnited States
Unemployment Rate15.20%9.10%
Recent Job Growth-0.86%-0.12%
Future Job Growth23.08%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$27,381$27,067
Household Income$40,498$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.07%12.10%
Income between 15K and 25K16.32%10.18%
Income between 25K and 35K15.48%10.56%
Income between 35K and 50K19.93%14.98%
Income between 50K and 75K16.28%19.53%
Income between 75K and 100K8.90%12.52%
Income between 100K and 150K7.91%12.14%
Income between 150K and 250K2.49%3.91%
Income between 250K and 500K1.34%3.34%
Income greater than 500K0.29%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.35%13.81%
Professional and Related Occupations17.25%22.68%
Service12.83%14.51%
Sales and Office28.14%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance11.38%9.37%
Production, Transportation, and Material Moving13.78%15.86%
Median Household Income

The unemployment rate in Berkeley Township, NJ, is 15.20%, with job growth of -0.86%. Future job growth over the next ten years is predicted to be 23.08%.

Berkeley Township, NJ Taxes

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

Berkeley Township, NJ Income and Salaries

The income per capita is $27,381, which includes all adults and children. The median household income is $40,498.


Berkeley Township Economy SperlingViews

Active Adult Communities: I live in Berkeley Township, NJ which as quite a few of adult communities. The homes are less expensive than in other parts of the state and the taxes are less... (read more)Have an opinion about Berkeley Township? Leave a commentTo See All SperlingViews for Berkeley Township Click Here