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Economy in Bound Brook, New Jersey

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Economy
EconomyBound Brook, NJUnited States
Unemployment Rate7.00%9.10%
Recent Job Growth-0.86%-0.12%
Future Job Growth31.28%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$27,283$27,067
Household Income$61,256$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.70%12.10%
Income between 15K and 25K7.66%10.18%
Income between 25K and 35K9.93%10.56%
Income between 35K and 50K16.00%14.98%
Income between 50K and 75K21.53%19.53%
Income between 75K and 100K13.95%12.52%
Income between 100K and 150K14.14%12.14%
Income between 150K and 250K6.15%3.91%
Income between 250K and 500K3.42%3.34%
Income greater than 500K0.52%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.03%13.81%
Professional and Related Occupations17.29%22.68%
Service21.43%14.51%
Sales and Office25.01%25.22%
Farming, Fishing, and Forestry0.36%0.68%
Construction, Extraction, and Maintenance9.90%9.37%
Production, Transportation, and Material Moving21.17%15.86%
Median Household Income

The unemployment rate in Bound Brook, NJ, is 7.00%, with job growth of -0.86%. Future job growth over the next ten years is predicted to be 31.28%.

Bound Brook, NJ Taxes

Bound Brook, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Bound Brook, NJ Income and Salaries

The income per capita is $27,283, which includes all adults and children. The median household income is $61,256.


Bound Brook Economy SperlingViews

Primarily a Residential Community: Bound Brook is pleasant place to live. It is a small community that is predominately residential in character. Although it has excellent shopping within and adjacent to... (read more)Have an opinion about Bound Brook? Leave a commentTo See All SperlingViews for Bound Brook Click Here