Economy in Branchburg Township, New Jersey
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Economy
| Unemployment Rate | 7.00% | 9.10% |
| Recent Job Growth | -0.86% | -0.12% |
| Future Job Growth | 31.28% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $55,966 | $27,067 |
| Household Income | $125,415 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 1.79% | 12.10% |
| Income between 15K and 25K | 3.73% | 10.18% |
| Income between 25K and 35K | 3.38% | 10.56% |
| Income between 35K and 50K | 5.22% | 14.98% |
| Income between 50K and 75K | 9.91% | 19.53% |
| Income between 75K and 100K | 14.44% | 12.52% |
| Income between 100K and 150K | 22.07% | 12.14% |
| Income between 150K and 250K | 17.35% | 3.91% |
| Income between 250K and 500K | 18.81% | 3.34% |
| Income greater than 500K | 3.30% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 26.32% | 13.81% |
| Professional and Related Occupations | 29.44% | 22.68% |
| Service | 5.94% | 14.51% |
| Sales and Office | 26.15% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 7.46% | 9.37% |
| Production, Transportation, and Material Moving | 8.10% | 15.86% |
The unemployment rate in Branchburg Township, NJ, is 7.00%, with job growth of -0.86%. Future job growth over the next ten years is predicted to be 31.28%.
Branchburg Township, NJ Taxes
Branchburg Township, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Branchburg Township, NJ Income and Salaries
The income per capita is $55,966, which includes all adults and children. The median household income is $125,415.
Branchburg Township Economy SperlingViews
Taxes: Although Branchburg is a nice blend of city and countryside, it is quite expensive. A typical 4 bedroom home is over $400,000 and comes with an annual property tax bill... (read more)Have an opinion about Branchburg Township? Leave a commentTo See All SperlingViews for Branchburg Township Click Here
