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Paramus, New_jersey  2 Reviews | Leave a Comment

Economy

Download .xls | Last Updated: June, 2014

  ECONOMY OVERVIEW
  

The unemployment rate in Paramus, NJ, is 5.00%, with job growth of 1.04%. Future job growth over the next ten years is predicted to be 37.10%.

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 $42,805, which includes all adults and children. The median household income is $101,958.

  ECONOMYParamus, NJUnited States
  Unemployment Rate  5.00%6.30%
  Recent Job Growth  1.04%1.18%
  Future Job Growth  37.10%36.10%
  Sales Taxes  7.00%6.00%
  Income Taxes  2.45%4.72%
  Income per Cap.  $42,805$28,051
  Household Income  $101,958$53,046
  Family Median Income  $123,269$64,585
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  3.88%12.61%
  Income between 15K and 20K  3.07%5.33%
  Income between 20K and 30K  3.84%10.57%
  Income between 30K and 40K  5.92%9.90%
  Income between 40K and 50K  5.54%8.95%
  Income between 50K and 60K  5.68%8.08%
  Income between 60K and 75K  6.41%10.09%
  Income between 75K and 100K  15.16%12.25%
  Income between 100K and 150K  19.10%12.82%
  Income between 150K and 200K  15.72%4.78%
  Income greater than 200K  15.67%4.64%
  POPULATION BY OCCUPATION
  Management, business, finance  20.04%14.36%
  Engineering, computers, science  4.71%5.24%
  Community, social services  1.57%1.66%
  Legal  1.10%1.17%
  Education, library  7.20%6.10%
  Arts, design, media, sports, entertainment  3.49%1.88%
  Healthcare practitioners and technology  10.80%5.49%
  Healthcare support  2.40%2.47%
  Firefighters, law enforcement  1.69%2.24%
  Food preparation, serving  2.07%5.61%
  Building maintenance  1.53%3.97%
  Personal care  2.50%3.54%
  Sales, office, administrative support  28.51%24.89%
  Farming, fishing, forestry  0.20%0.73%
  Construction, extraction, maintenance/repair  6.56%8.56%
  Production, transportation, material moving  5.64%12.10%


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