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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
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting  0.08%1.35%
  Mining, quarrying, oil and gas extraction  0.00%0.61%
  Construction  5.59%6.19%
  Manufacturing  7.64%10.41%
  Wholesale trade  5.67%2.72%
  Retail trade  13.29%11.55%
  Transportation and warehousing  3.22%4.11%
  Utilities  00
  Information  3.46%2.12%
  Finance and insurance  5.39%4.69%
  Real estate, rental, leasing  2.13%1.89%
  Professional, scientific, technical services  10.32%6.68%
  Management of companies  0.05%0.08%
  Administrative, support, waste mgt svcs  2.82%4.27%
  Educational services  9.48%9.34%
  Health care and social assistance  14.93%13.81%
  Arts, entertainment, recreation  2.30%2.16%
  Accommodation, food services  5.10%7.44%
  Other services  4.29%4.94%
  Public administration  3.22%4.80%

  ECONOMY MAP

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Reviews for Paramus


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Paramus

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  10/25/2009
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)

 94

 84

  7/26/2007
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)

 94

 88


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