Economy in Cedar Grove Township, New Jersey
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Economy
| Unemployment Rate | 10.90% | 9.10% |
| Recent Job Growth | -0.52% | -0.12% |
| Future Job Growth | 28.06% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $48,292 | $27,067 |
| Household Income | $102,435 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.36% | 12.10% |
| Income between 15K and 25K | 4.44% | 10.18% |
| Income between 25K and 35K | 4.86% | 10.56% |
| Income between 35K and 50K | 8.42% | 14.98% |
| Income between 50K and 75K | 13.23% | 19.53% |
| Income between 75K and 100K | 14.55% | 12.52% |
| Income between 100K and 150K | 22.02% | 12.14% |
| Income between 150K and 250K | 14.24% | 3.91% |
| Income between 250K and 500K | 11.98% | 3.34% |
| Income greater than 500K | 2.92% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.49% | 13.81% |
| Professional and Related Occupations | 28.37% | 22.68% |
| Service | 8.57% | 14.51% |
| Sales and Office | 24.96% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 4.00% | 9.37% |
| Production, Transportation, and Material Moving | 5.30% | 15.86% |
The unemployment rate in Cedar Grove 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%.
Cedar Grove Township, NJ Taxes
Cedar Grove Township, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Cedar Grove Township, NJ Income and Salaries
The income per capita is $48,292, which includes all adults and children. The median household income is $102,435.
Cedar Grove Township Economy SperlingViews
politics as usual: The Mayor and Council of Cedar Grove, NJ seem to be unaware that they were voted into office by their constitutents, not by Joe Divicenzo, County Executive. Although it... (read more)Have an opinion about Cedar Grove Township? Leave a commentTo See All SperlingViews for Cedar Grove Township Click Here
