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Economy in Bloomfield Township, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBloomfield Township, NJUnited States
Unemployment Rate10.90%9.10%
Recent Job Growth-0.52%-0.12%
Future Job Growth28.06%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$33,833$27,067
Household Income$69,703$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.47%12.10%
Income between 15K and 25K7.07%10.18%
Income between 25K and 35K7.09%10.56%
Income between 35K and 50K12.90%14.98%
Income between 50K and 75K19.94%19.53%
Income between 75K and 100K16.38%12.52%
Income between 100K and 150K18.37%12.14%
Income between 150K and 250K6.38%3.91%
Income between 250K and 500K3.69%3.34%
Income greater than 500K0.71%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.65%13.81%
Professional and Related Occupations25.47%22.68%
Service10.91%14.51%
Sales and Office25.87%25.22%
Farming, Fishing, and Forestry0.05%0.68%
Construction, Extraction, and Maintenance6.66%9.37%
Production, Transportation, and Material Moving12.78%15.86%
Median Household Income

The unemployment rate in Bloomfield Township, NJ, is 10.90%, with job growth of -0.52%. Future job growth over the next ten years is predicted to be 28.06%.

Bloomfield Township, NJ Taxes

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

Bloomfield Township, NJ Income and Salaries

The income per capita is $33,833, which includes all adults and children. The median household income is $69,703.


Bloomfield Township Economy SperlingViews

Great town for commuters : Bloomfield is a quiet town that is particularly good for commuters. There are two NJ Transit Train Stations for passengers commuting into Newark and New York Penn... (read more)Have an opinion about Bloomfield Township? Leave a commentTo See All SperlingViews for Bloomfield Township Click Here