Economy in Merchantville, New Jersey
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Economy
| Unemployment Rate | 10.70% | 9.10% |
| Recent Job Growth | -0.96% | -0.12% |
| Future Job Growth | 27.38% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $34,565 | $27,067 |
| Household Income | $63,393 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.31% | 12.10% |
| Income between 15K and 25K | 11.16% | 10.18% |
| Income between 25K and 35K | 8.62% | 10.56% |
| Income between 35K and 50K | 12.34% | 14.98% |
| Income between 50K and 75K | 19.45% | 19.53% |
| Income between 75K and 100K | 13.97% | 12.52% |
| Income between 100K and 150K | 15.47% | 12.14% |
| Income between 150K and 250K | 6.33% | 3.91% |
| Income between 250K and 500K | 4.31% | 3.34% |
| Income greater than 500K | 1.04% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 18.39% | 13.81% |
| Professional and Related Occupations | 19.84% | 22.68% |
| Service | 11.07% | 14.51% |
| Sales and Office | 30.81% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 8.23% | 9.37% |
| Production, Transportation, and Material Moving | 10.97% | 15.86% |
The unemployment rate in Merchantville, NJ, is 10.70%, with job growth of -0.96%. Future job growth over the next ten years is predicted to be 27.38%.
Merchantville, NJ Taxes
Merchantville, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Merchantville, NJ Income and Salaries
The income per capita is $34,565, which includes all adults and children. The median household income is $63,393.
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