Economy in Hoboken, New Jersey

Economy

Economy	Hoboken, NJ	United States
Unemployment Rate	5.10%	9.10%
Recent Job Growth	-0.06%	-0.12%
Future Job Growth	34.78%	31.25%
Sales Taxes	7.00%	6.80%
Income Taxes	8.97%	6.25%
Income per Cap.	$61,123	$27,067
Household Income	$91,798	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	9.80%	12.10%
Income between 15K and 25K	6.58%	10.18%
Income between 25K and 35K	4.91%	10.56%
Income between 35K and 50K	7.40%	14.98%
Income between 50K and 75K	12.86%	19.53%
Income between 75K and 100K	12.37%	12.52%
Income between 100K and 150K	19.51%	12.14%
Income between 150K and 250K	12.86%	3.91%
Income between 250K and 500K	11.07%	3.34%
Income greater than 500K	2.64%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	28.76%	13.81%
Professional and Related Occupations	30.82%	22.68%
Service	6.15%	14.51%
Sales and Office	21.61%	25.22%
Farming, Fishing, and Forestry	0.01%	0.68%
Construction, Extraction, and Maintenance	2.30%	9.37%
Production, Transportation, and Material Moving	3.94%	15.86%

The unemployment rate in Hoboken, NJ, is 5.10%, with job growth of -0.06%. Future job growth over the next ten years is predicted to be 34.78%.

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

The income per capita is $61,123, which includes all adults and children. The median household income is $91,798.

Hoboken Economy SperlingViews