Economy in Montvale, New Jersey
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Economy
| Unemployment Rate | 7.90% | 9.10% |
| Recent Job Growth | -0.26% | -0.12% |
| Future Job Growth | 31.58% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $54,025 | $27,067 |
| Household Income | $116,677 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.11% | 12.10% |
| Income between 15K and 25K | 3.44% | 10.18% |
| Income between 25K and 35K | 3.62% | 10.56% |
| Income between 35K and 50K | 5.13% | 14.98% |
| Income between 50K and 75K | 13.26% | 19.53% |
| Income between 75K and 100K | 12.67% | 12.52% |
| Income between 100K and 150K | 25.79% | 12.14% |
| Income between 150K and 250K | 13.34% | 3.91% |
| Income between 250K and 500K | 17.10% | 3.34% |
| Income greater than 500K | 3.55% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 29.70% | 13.81% |
| Professional and Related Occupations | 23.73% | 22.68% |
| Service | 8.99% | 14.51% |
| Sales and Office | 25.95% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 3.70% | 9.37% |
| Production, Transportation, and Material Moving | 4.43% | 15.86% |
The unemployment rate in Montvale, NJ, is 7.90%, with job growth of -0.26%. Future job growth over the next ten years is predicted to be 31.58%.
Montvale, NJ Taxes
Montvale, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Montvale, NJ Income and Salaries
The income per capita is $54,025, which includes all adults and children. The median household income is $116,677.
Montvale Economy SperlingViews
Great town to raise a family: Terrific location in northern NJ provides access to all kinds of entertainment, culture, experiences, etc. Great schools. Only problem is the cost of living in... (read more)Beyond expensive: As is the case in most of the New York City metropolitan area, the cost of living is so high as to be absurd. The high costs of housing, utilities, entertainment, and... (read more)Have an opinion about Montvale? Leave a commentTo See All SperlingViews for Montvale Click Here
