Economy in Cranford, New Jersey
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Economy
| Unemployment Rate | 10.10% | 9.10% |
| Recent Job Growth | -0.25% | -0.12% |
| Future Job Growth | 29.40% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $43,987 | $27,067 |
| Household Income | $95,960 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.73% | 12.10% |
| Income between 15K and 25K | 4.50% | 10.18% |
| Income between 25K and 35K | 5.43% | 10.56% |
| Income between 35K and 50K | 8.11% | 14.98% |
| Income between 50K and 75K | 13.74% | 19.53% |
| Income between 75K and 100K | 17.33% | 12.52% |
| Income between 100K and 150K | 24.92% | 12.14% |
| Income between 150K and 250K | 11.12% | 3.91% |
| Income between 250K and 500K | 9.75% | 3.34% |
| Income greater than 500K | 1.37% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.97% | 13.81% |
| Professional and Related Occupations | 27.22% | 22.68% |
| Service | 9.63% | 14.51% |
| Sales and Office | 23.96% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 6.80% | 9.37% |
| Production, Transportation, and Material Moving | 8.65% | 15.86% |
The unemployment rate in Cranford, NJ, is 10.10%, with job growth of -0.25%. Future job growth over the next ten years is predicted to be 29.40%.
Cranford, NJ Taxes
Cranford, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Cranford, NJ Income and Salaries
The income per capita is $43,987, which includes all adults and children. The median household income is $95,960.
Cranford Economy SperlingViews
Schools: I'm a cranford resident for 27 years. I don't know where they come up with the ratio of 13 students per teacher. That has got to be deceptively skewed because most of... (read more)Great Walking Town: I work for the company that just built Cranford Crossing Apartments on South Street so today I spent walking around town to see how it would be to live in the village of... (read more)Have an opinion about Cranford? Leave a commentTo See All SperlingViews for Cranford Click Here
