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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Paramus, New Jersey, is 4.10%, with job growth of 2.01%. Future job growth over the next ten years is predicted to be 39.91%.

Paramus, New Jersey Taxes
Paramus, New Jersey,sales tax rate is 7.00%. Income tax is 5.53%.

Paramus, New Jersey Income and Salaries

The income per capita is $41,157, which includes all adults and children. The median household income is $96,454.

  ECONOMYParamus, New JerseyUnited States
  Unemployment Rate  4.10%5.20%
  Recent Job Growth  2.01%1.59%
  Future Job Growth  39.91%37.98%
  Sales Taxes  7.00%6.00%
  Income Taxes  5.53%4.60%
  Income per Cap.  $41,157$28,555
  Household Income  $96,454$53,482
  Family Median Income  $114,250$65,443
  ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
  Income Less Than 15K  2.95%12.55%
  Income between 15K and 20K  3.18%5.36%
  Income between 20K and 30K  5.13%10.42%
  Income between 30K and 40K  6.76%9.80%
  Income between 40K and 50K  4.85%8.80%
  Income between 50K and 60K  7.61%7.90%
  Income between 60K and 75K  6.52%9.93%
  Income between 75K and 100K  15.22%12.16%
  Income between 100K and 150K  19.35%13.01%
  Income between 150K and 200K  13.57%5.04%
  Income greater than 200K  14.86%5.03%
  POPULATION BY OCCUPATION
  Management, business, finance  4.19%14.54%
  Engineering, computers, science  0.00%5.34%
  Community, social services  2.40%1.67%
  Legal  0.00%1.16%
  Education, library  10.78%6.13%
  Arts, design, media, sports, entertainment  0.00%1.91%
  Healthcare practitioners and technology  2.40%5.67%
  Healthcare support  1.20%2.51%
  Firefighters, law enforcement  0.00%2.23%
  Food preparation, serving  8.38%5.76%
  Building maintenance  2.99%4.01%
  Personal care  11.38%3.65%
  Sales, office, administrative support  22.16%24.36%
  Farming, fishing, forestry  1.20%0.73%
  Construction, extraction, maintenance/repair  8.38%8.24%
  Production, transportation, material moving  24.55%12.09%

  ECONOMY MAP

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  ECONOMY COMMENTS
  
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)
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  GENERAL COMMENTS
  
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)
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)
To See All Comments for Paramus Click Here



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