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Economy in Elizabeth, New Jersey

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Economy
EconomyElizabeth, NJUnited States
Unemployment Rate13.50%9.10%
Recent Job Growth-0.43%-0.12%
Future Job Growth25.64%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$17,939$27,067
Household Income$42,577$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.70%12.10%
Income between 15K and 25K11.69%10.18%
Income between 25K and 35K12.30%10.56%
Income between 35K and 50K16.67%14.98%
Income between 50K and 75K19.18%19.53%
Income between 75K and 100K10.20%12.52%
Income between 100K and 150K8.96%12.14%
Income between 150K and 250K1.83%3.91%
Income between 250K and 500K1.34%3.34%
Income greater than 500K0.13%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.22%13.81%
Professional and Related Occupations13.45%22.68%
Service17.25%14.51%
Sales and Office20.93%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance8.96%9.37%
Production, Transportation, and Material Moving28.49%15.86%
Median Household Income

The unemployment rate in Elizabeth, NJ, is 13.50%, with job growth of -0.43%. Future job growth over the next ten years is predicted to be 25.64%.

Elizabeth, NJ Taxes

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

Elizabeth, NJ Income and Salaries

The income per capita is $17,939, which includes all adults and children. The median household income is $42,577.


Elizabeth Economy SperlingViews

Good town to be in near NYC Metro: One of the best available transportation near metro NYC, Train to NYC, NEWARK, as well as plenty of Cab services to NEWARK Liberty Airport, plus NJ Transit Buses for... (read more)Have an opinion about Elizabeth? Leave a commentTo See All SperlingViews for Elizabeth Click Here