Economy in Bloomfield, New Jersey
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Economy
| Unemployment Rate | 9.20% | 9.10% |
| Recent Job Growth | -1.11% | -0.12% |
| Future Job Growth | 28.58% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $33,671 | $27,067 |
| Household Income | $69,552 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.47% | 12.10% |
| Income between 15K and 25K | 7.07% | 10.18% |
| Income between 25K and 35K | 7.09% | 10.56% |
| Income between 35K and 50K | 12.90% | 14.98% |
| Income between 50K and 75K | 19.94% | 19.53% |
| Income between 75K and 100K | 16.38% | 12.52% |
| Income between 100K and 150K | 18.37% | 12.14% |
| Income between 150K and 250K | 6.38% | 3.91% |
| Income between 250K and 500K | 3.69% | 3.34% |
| Income greater than 500K | 0.71% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.65% | 13.81% |
| Professional and Related Occupations | 25.48% | 22.68% |
| Service | 10.91% | 14.51% |
| Sales and Office | 25.86% | 25.22% |
| Farming, Fishing, and Forestry | 0.05% | 0.68% |
| Construction, Extraction, and Maintenance | 6.66% | 9.37% |
| Production, Transportation, and Material Moving | 12.78% | 15.86% |
The unemployment rate in Bloomfield, NJ, is 9.20%, with job growth of -1.11%. Future job growth over the next ten years is predicted to be 28.58%.
Bloomfield, NJ Taxes
Bloomfield, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Bloomfield, NJ Income and Salaries
The income per capita is $33,671, which includes all adults and children. The median household income is $69,552.
Bloomfield Economy SperlingViews
Very Diverse Town: Bloomfield is a very diverse town with regard to ethnicity and... (read more)Quality of life: Quality of life is ok. Town is divided into two sections, North and South. The north end borders Clifton and Nutley and experiences less crime, while the south borders... (read more)Have an opinion about Bloomfield? Leave a commentTo See All SperlingViews for Bloomfield Click Here
