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Economy in Paramus, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyParamus, NJUnited States
Unemployment Rate7.20%8.60%
Recent Job Growth1.50%0.35%
Future Job Growth35.80%32.10%
Sales Taxes7.00%5.00%
Income Taxes2.45%4.70%
Income per Cap.$37,891$26,154
Household Income$94,729$50,935
Income Less Than 15K2.99%12.37%
Income between 15K and 25K4.69%10.53%
Income between 25K and 35K5.50%10.88%
Income between 35K and 50K9.62%15.37%
Income between 50K and 75K14.49%20.14%
Income between 75K and 100K15.88%12.41%
Income between 100K and 150K24.02%11.27%
Income between 150K and 250K16.61%5.01%
Income between 250K and 500K5.72%1.86%
Income greater than 500K0.48%0.16%
Management, Business, and Financial Operations17.77%14.04%
Professional and Related Occupations26.31%20.61%
Sales and Office33.39%26.75%
Farming, Fishing, and Forestry0.01%0.70%
Construction, Extraction, and Maintenance6.13%9.42%
Production, Transportation, and Material Moving7.26%14.05%

Median Household Income

The unemployment rate in Paramus, NJ, is 7.20%, with job growth of 1.50%. Future job growth over the next ten years is predicted to be 35.80%.

Paramus, NJ Taxes

Paramus, NJ,sales tax rate is 7.00%. Income tax is 2.45%.

Paramus, NJ Income and Salaries

The income per capita is $37,891, which includes all adults and children. The median household income is $94,729.

Paramus Economy SperlingViews

Paramus School System : My siblings and I are products of the Paramus Public School system and I am an attorney, my sister is a doctor and my brother is finishing his MBA. Many of my high... (read more)Quality of Life: I have lived here most of my life and it is a fabulous place to live. Community oriented - great schools and great... (read more)Have an opinion about Paramus? Leave a commentTo See All SperlingViews for Paramus Click Here