Economy in Paramus, New Jersey
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| Unemployment Rate | 7.20% | 8.60% |
| Recent Job Growth | 1.50% | 0.35% |
| Future Job Growth | 35.80% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 2.45% | 4.70% |
| Income per Cap. | $37,891 | $26,154 |
| Household Income | $94,729 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 2.99% | 12.37% |
| Income between 15K and 25K | 4.69% | 10.53% |
| Income between 25K and 35K | 5.50% | 10.88% |
| Income between 35K and 50K | 9.62% | 15.37% |
| Income between 50K and 75K | 14.49% | 20.14% |
| Income between 75K and 100K | 15.88% | 12.41% |
| Income between 100K and 150K | 24.02% | 11.27% |
| Income between 150K and 250K | 16.61% | 5.01% |
| Income between 250K and 500K | 5.72% | 1.86% |
| Income greater than 500K | 0.48% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 17.77% | 14.04% |
| Professional and Related Occupations | 26.31% | 20.61% |
| Service | 9.13% | 14.45% |
| Sales and Office | 33.39% | 26.75% |
| Farming, Fishing, and Forestry | 0.01% | 0.70% |
| Construction, Extraction, and Maintenance | 6.13% | 9.42% |
| Production, Transportation, and Material Moving | 7.26% | 14.05% |
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