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Economy in Millburn, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMillburn, NJUnited States
Unemployment Rate10.90%9.10%
Recent Job Growth-0.52%-0.12%
Future Job Growth28.06%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$78,850$27,067
Household Income$178,187$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K1.60%12.10%
Income between 15K and 25K1.77%10.18%
Income between 25K and 35K2.45%10.56%
Income between 35K and 50K4.12%14.98%
Income between 50K and 75K8.69%19.53%
Income between 75K and 100K9.94%12.52%
Income between 100K and 150K15.24%12.14%
Income between 150K and 250K11.19%3.91%
Income between 250K and 500K29.08%3.34%
Income greater than 500K15.91%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations29.09%13.81%
Professional and Related Occupations32.38%22.68%
Service4.51%14.51%
Sales and Office21.52%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance2.32%9.37%
Production, Transportation, and Material Moving2.84%15.86%
Median Household Income

The unemployment rate in Millburn, NJ, is 10.90%, with job growth of -0.52%. Future job growth over the next ten years is predicted to be 28.06%.

Millburn, NJ Taxes

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

Millburn, NJ Income and Salaries

The income per capita is $78,850, which includes all adults and children. The median household income is $178,187.


Millburn Economy SperlingViews

great town: great... (read more)Nice Family close knit town: I love Millburn. The cops are tough, the people are great, and there are so many wonderful things you can do. There is a quaint downtown village that you can walk around... (read more)New Providence, New Jersey: New Providence is a wonderful New Jersey town, about 12,000 citizens, commutable to NYC by train or car. Although an affluent town, it lacks the "snootiness" of some of... (read more)Have an opinion about Millburn? Leave a commentTo See All SperlingViews for Millburn Click Here