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Economy in Paramus, New Jersey

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

EconomyParamus, NJUnited States
Unemployment Rate5.00%6.30%
Recent Job Growth1.04%1.18%
Future Job Growth37.10%36.10%
Sales Taxes7.00%6.00%
Income Taxes2.45%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 15K3.88%12.61%
Income between 15K and 20K3.07%5.33%
Income between 20K and 30K3.84%10.57%
Income between 30K and 40K5.92%9.90%
Income between 40K and 50K5.54%8.95%
Income between 50K and 60K5.68%8.08%
Income between 60K and 75K6.41%10.09%
Income between 75K and 100K15.16%12.25%
Income between 100K and 150K19.10%12.82%
Income between 150K and 200K15.72%4.78%
Income greater than 200K15.67%4.64%
POPULATION BY OCCUPATION
Management, business, finance20.04%14.36%
Engineering, computers, science4.71%5.24%
Community, social services1.57%1.66%
Legal1.10%1.17%
Education, library7.20%6.10%
Arts, design, media, sports, entertainment3.49%1.88%
Healthcare practitioners and technology10.80%5.49%
Healthcare support2.40%2.47%
Firefighters, law enforcement1.69%2.24%
Food preparation, serving2.07%5.61%
Building maintenance1.53%3.97%
Personal care2.50%3.54%
Sales, office, administrative support28.51%24.89%
Farming, fishing, forestry0.20%0.73%
Construction, extraction, maintenance/repair6.56%8.56%
Production, transportation, material moving5.64%12.10%

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.


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