Economy in Montclair, New Jersey
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Economy
| Unemployment Rate | 6.10% | 9.10% |
| Recent Job Growth | -0.50% | -0.12% |
| Future Job Growth | 32.90% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $53,741 | $27,067 |
| Household Income | $97,014 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.41% | 12.10% |
| Income between 15K and 25K | 5.33% | 10.18% |
| Income between 25K and 35K | 5.44% | 10.56% |
| Income between 35K and 50K | 9.27% | 14.98% |
| Income between 50K and 75K | 13.84% | 19.53% |
| Income between 75K and 100K | 11.20% | 12.52% |
| Income between 100K and 150K | 18.84% | 12.14% |
| Income between 150K and 250K | 9.43% | 3.91% |
| Income between 250K and 500K | 14.97% | 3.34% |
| Income greater than 500K | 5.26% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 20.94% | 13.81% |
| Professional and Related Occupations | 35.90% | 22.68% |
| Service | 9.25% | 14.51% |
| Sales and Office | 20.47% | 25.22% |
| Farming, Fishing, and Forestry | 0.03% | 0.68% |
| Construction, Extraction, and Maintenance | 2.75% | 9.37% |
| Production, Transportation, and Material Moving | 5.36% | 15.86% |
The unemployment rate in Montclair, NJ, is 6.10%, with job growth of -0.50%. Future job growth over the next ten years is predicted to be 32.90%.
Montclair, NJ Taxes
Montclair, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Montclair, NJ Income and Salaries
The income per capita is $53,741, which includes all adults and children. The median household income is $97,014.
Montclair Economy SperlingViews
A mini city: Montclair is a vibrant community, full of restaurants, movie theaters (3), theaters, and an upcoming performing arts center, as well as wonderful shops and a... (read more)Diversity - it's not over-rated as much as over-s: I've lived in Montclair for almost 15 years and have to admit that I'm tired of hearing about it. In case you're wondering, I'm a "minority" and granted, you won't... (read more)Montclair, NJ: Great city with access to NYC via train or bus transportation. Easy walkable town with art museum, shops, and NYC-quality restaurants. Great place to live if you want... (read more)Have an opinion about Montclair? Leave a commentTo See All SperlingViews for Montclair Click Here
Montclair General SperlingViews
Montclair, NJ: Great city with access to NYC via train or bus transportation. Easy walkable town with art museum, shops, and NYC-quality restaurants. Great place to live if you want... (read more)Great Suburban New York Community: Montclair is a great town in the New York Suburbs. It is a vibrant community with something for everyone - cultural institutions, restaurants, stores, parks, theater,... (read more)Great Houses, Great Trees, Progressive Populace: We moved here from NYC in '99 because you could get more for your money and the place is diverse and tolerant -- things we grew to love about living in NYC for over 12... (read more)Have an opinion about Montclair? Leave a commentTo See All SperlingViews for Montclair Click Here
