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Economy in Edison, New Jersey

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Economy
EconomyEdison, NJUnited States
Unemployment Rate6.70%9.10%
Recent Job Growth-0.63%-0.12%
Future Job Growth32.04%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$39,546$27,067
Household Income$88,283$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.16%12.10%
Income between 15K and 25K4.93%10.18%
Income between 25K and 35K5.16%10.56%
Income between 35K and 50K9.17%14.98%
Income between 50K and 75K16.96%19.53%
Income between 75K and 100K16.35%12.52%
Income between 100K and 150K22.67%12.14%
Income between 150K and 250K9.87%3.91%
Income between 250K and 500K8.29%3.34%
Income greater than 500K1.42%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.70%13.81%
Professional and Related Occupations31.50%22.68%
Service8.71%14.51%
Sales and Office26.45%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance5.02%9.37%
Production, Transportation, and Material Moving11.34%15.86%
Median Household Income

The unemployment rate in Edison, NJ, is 6.70%, with job growth of -0.63%. Future job growth over the next ten years is predicted to be 32.04%.

Edison, NJ Taxes

Edison, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Edison, NJ Income and Salaries

The income per capita is $39,546, which includes all adults and children. The median household income is $88,283.


Edison Economy SperlingViews

Life in Jersey: Quality of Life on the decline...almost time to... (read more)Life in Edison: Edison is an expensive area, densely populated with moderately congested roadways, good public transport facilities and relatively good neighborhood. Schooling is very... (read more)Easy access to highways & great community: I live in north Edison (for over 9 years) and its hard for me to think about moving anywhere else due to following reasons: 1. Easy access to all major highways (within... (read more)Have an opinion about Edison? Leave a commentTo See All SperlingViews for Edison Click Here