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Economy in Middle Township, New Jersey

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Economy
EconomyMiddle Township, NJUnited States
Unemployment Rate15.90%9.10%
Recent Job Growth1.92%-0.12%
Future Job Growth27.94%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$26,561$27,067
Household Income$54,892$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.01%12.10%
Income between 15K and 25K10.42%10.18%
Income between 25K and 35K9.64%10.56%
Income between 35K and 50K15.05%14.98%
Income between 50K and 75K19.10%19.53%
Income between 75K and 100K14.51%12.52%
Income between 100K and 150K13.49%12.14%
Income between 150K and 250K3.69%3.91%
Income between 250K and 500K2.61%3.34%
Income greater than 500K0.48%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.61%13.81%
Professional and Related Occupations20.35%22.68%
Service19.26%14.51%
Sales and Office19.57%25.22%
Farming, Fishing, and Forestry2.08%0.68%
Construction, Extraction, and Maintenance15.97%9.37%
Production, Transportation, and Material Moving13.24%15.86%
Median Household Income

The unemployment rate in Middle Township, NJ, is 15.90%, with job growth of 1.92%. Future job growth over the next ten years is predicted to be 27.94%.

Middle Township, NJ Taxes

Middle Township, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Middle Township, NJ Income and Salaries

The income per capita is $26,561, which includes all adults and children. The median household income is $54,892.


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