Economy in Garfield, New Jersey
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Economy
| Unemployment Rate | 13.60% | 9.10% |
| Recent Job Growth | -0.50% | -0.12% |
| Future Job Growth | 25.40% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $25,287 | $27,067 |
| Household Income | $57,040 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.80% | 12.10% |
| Income between 15K and 25K | 10.66% | 10.18% |
| Income between 25K and 35K | 9.73% | 10.56% |
| Income between 35K and 50K | 13.44% | 14.98% |
| Income between 50K and 75K | 21.77% | 19.53% |
| Income between 75K and 100K | 14.42% | 12.52% |
| Income between 100K and 150K | 14.09% | 12.14% |
| Income between 150K and 250K | 4.11% | 3.91% |
| Income between 250K and 500K | 1.78% | 3.34% |
| Income greater than 500K | 0.18% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.35% | 13.81% |
| Professional and Related Occupations | 15.42% | 22.68% |
| Service | 15.06% | 14.51% |
| Sales and Office | 26.16% | 25.22% |
| Farming, Fishing, and Forestry | 0.40% | 0.68% |
| Construction, Extraction, and Maintenance | 14.84% | 9.37% |
| Production, Transportation, and Material Moving | 20.00% | 15.86% |
The unemployment rate in Garfield, NJ, is 13.60%, with job growth of -0.50%. Future job growth over the next ten years is predicted to be 25.40%.
Garfield, NJ Taxes
Garfield, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Garfield, NJ Income and Salaries
The income per capita is $25,287, which includes all adults and children. The median household income is $57,040.
Garfield Economy SperlingViews
Used to be.....: Garfield used to be a really great town to live in. It's been at a constant rate of decline for the past 20 years. It seems it keeps getting worse and worse every year.... (read more)Have an opinion about Garfield? Leave a commentTo See All SperlingViews for Garfield Click Here
