Clifton, NJ Economy


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Clifton, NJ is a vibrant city with plenty of amenities for locals and visitors. With two bedroom apartments available for rent at $1,810, Clifton is slightly more expensive than the US average of $1,430. Additionally, the local Grocery Cost Index in Clifton is 106 compared to 100 in the US. Notable companies located in Clifton include All My Sons Moving & Storage, Honeywell Aerospace, and CKE Restaurants Holdings Inc. The area is also home to several universities such as William Paterson University of New Jersey and Montclair State University. Popular attractions include Turtle Back Zoo and the Garret Mountain Reservation. With its affordability and variety of activities to choose from, it's no wonder why so many people call Clifton home.

Clifton has an unemployment rate of 8.2%. The US average is 6.0%.

Clifton has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Clifton
- The Sales Tax Rate for Clifton is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Clifton is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Clifton
- The average income of a Clifton resident is $31,073 a year. The US average is $28,555 a year.
- The Median household income of a Clifton resident is $86,616 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClifton, New JerseyUnited States
  8.26
  -8.3%-6.2%
  23.1%33.5%
  6.6%6.2%
  5.5%4.6%
  $38,727$37,638
  $86,616$69,021
  $99,978$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.0%6.8%
  14.1%10.0%
  4.0%2.5%
  11.2%11.0%
  6.0%4.8%
  0.5%0.8%
  2.4%1.9%
  4.0%4.7%
  0.9%1.9%
  8.2%7.6%
  0.2%0.1%
  4.2%4.2%
  9.0%9.3%
  14.1%14.0%
  1.3%2.1%
  5.3%7.0%
  5.9%4.8%
  3.5%4.7%
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