Economy in Boonton, New Jersey
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Economy
| Unemployment Rate | 7.20% | 9.10% |
| Recent Job Growth | -0.77% | -0.12% |
| Future Job Growth | 31.26% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $42,005 | $27,067 |
| Household Income | $87,037 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.54% | 12.10% |
| Income between 15K and 25K | 5.33% | 10.18% |
| Income between 25K and 35K | 5.97% | 10.56% |
| Income between 35K and 50K | 10.08% | 14.98% |
| Income between 50K and 75K | 15.90% | 19.53% |
| Income between 75K and 100K | 14.99% | 12.52% |
| Income between 100K and 150K | 22.63% | 12.14% |
| Income between 150K and 250K | 11.00% | 3.91% |
| Income between 250K and 500K | 7.10% | 3.34% |
| Income greater than 500K | 1.46% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.84% | 13.81% |
| Professional and Related Occupations | 27.70% | 22.68% |
| Service | 12.06% | 14.51% |
| Sales and Office | 26.46% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 6.65% | 9.37% |
| Production, Transportation, and Material Moving | 13.75% | 15.86% |
The unemployment rate in Boonton, NJ, is 7.20%, with job growth of -0.77%. Future job growth over the next ten years is predicted to be 31.26%.
Boonton, NJ Taxes
Boonton, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Boonton, NJ Income and Salaries
The income per capita is $42,005, which includes all adults and children. The median household income is $87,037.
Boonton Economy SperlingViews
re: Boonton, NJ: Hi, could you please expand a bit more "has to deal with many of the systemic state problems that exist in NJ"? ... (read more)Boonton, NJ: Boonton, NJ is a town that has to deal with many of the systemic state problems that exist in New Jersey. However,if you have to live in close proximity to New York... (read more)Out of control: Spending in the town of Boonton is out of control. They keep raising taxes and nothing actually gets... (read more)Have an opinion about Boonton? Leave a commentTo See All SperlingViews for Boonton Click Here
