Economy in Elizabeth, New Jersey

Economy

Economy	Elizabeth, NJ	United States
Unemployment Rate	13.50%	9.10%
Recent Job Growth	-0.43%	-0.12%
Future Job Growth	25.64%	31.25%
Sales Taxes	7.00%	6.80%
Income Taxes	8.97%	6.25%
Income per Cap.	$17,939	$27,067
Household Income	$42,577	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	17.70%	12.10%
Income between 15K and 25K	11.69%	10.18%
Income between 25K and 35K	12.30%	10.56%
Income between 35K and 50K	16.67%	14.98%
Income between 50K and 75K	19.18%	19.53%
Income between 75K and 100K	10.20%	12.52%
Income between 100K and 150K	8.96%	12.14%
Income between 150K and 250K	1.83%	3.91%
Income between 250K and 500K	1.34%	3.34%
Income greater than 500K	0.13%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	6.22%	13.81%
Professional and Related Occupations	13.45%	22.68%
Service	17.25%	14.51%
Sales and Office	20.93%	25.22%
Farming, Fishing, and Forestry	0.02%	0.68%
Construction, Extraction, and Maintenance	8.96%	9.37%
Production, Transportation, and Material Moving	28.49%	15.86%

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

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

Elizabeth Economy SperlingViews