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Economy in Jersey City, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyJersey City, NJUnited States
Unemployment Rate9.90%8.60%
Recent Job Growth1.38%0.35%
Future Job Growth32.86%32.10%
Sales Taxes7.00%5.00%
Income Taxes2.45%4.70%
Income per Cap.$27,456$26,154
Household Income$50,305$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.59%12.37%
Income between 15K and 25K10.01%10.53%
Income between 25K and 35K9.64%10.88%
Income between 35K and 50K14.44%15.37%
Income between 50K and 75K18.35%20.14%
Income between 75K and 100K11.61%12.41%
Income between 100K and 150K11.60%11.27%
Income between 150K and 250K6.21%5.01%
Income between 250K and 500K2.34%1.86%
Income greater than 500K0.21%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.21%14.04%
Professional and Related Occupations22.01%20.61%
Service14.58%14.45%
Sales and Office29.28%26.75%
Farming, Fishing, and Forestry0.07%0.70%
Construction, Extraction, and Maintenance4.77%9.42%
Production, Transportation, and Material Moving14.07%14.05%


Median Household Income

The unemployment rate in Jersey City, NJ, is 9.90%, with job growth of 1.38%. Future job growth over the next ten years is predicted to be 32.86%.

Jersey City, NJ Taxes

Jersey City, NJ,sales tax rate is 7.00%. Income tax is 2.45%.

Jersey City, NJ Income and Salaries

The income per capita is $27,456, which includes all adults and children. The median household income is $50,305.


Jersey City Economy SperlingViews

convenience: for getting to and from NYC and to the suburbs, Jersey City is great. 6 minutes into Manhattan (without traffic), and about 5 minutes from... (read more)Jersey City, NJ: While trains and ferries from Jersey City to Manhattan run frequently during the week, many lines shut down on the weekends and others run less... (read more)great place: Jersey City is a little rough around the edges, with the crime and crowdedness associated with a big city, but it is closer to Manhattan than some parts of Manhattan. ... (read more)Have an opinion about Jersey City? Leave a commentTo See All SperlingViews for Jersey City Click Here