Economy in Paterson, New Jersey
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Economy
| Unemployment Rate | 16.20% | 9.10% |
| Recent Job Growth | -1.49% | -0.12% |
| Future Job Growth | 20.82% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $14,456 | $27,067 |
| Household Income | $37,333 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 20.62% | 12.10% |
| Income between 15K and 25K | 13.48% | 10.18% |
| Income between 25K and 35K | 13.44% | 10.56% |
| Income between 35K and 50K | 15.78% | 14.98% |
| Income between 50K and 75K | 18.12% | 19.53% |
| Income between 75K and 100K | 8.67% | 12.52% |
| Income between 100K and 150K | 7.16% | 12.14% |
| Income between 150K and 250K | 1.44% | 3.91% |
| Income between 250K and 500K | 1.17% | 3.34% |
| Income greater than 500K | 0.12% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 5.10% | 13.81% |
| Professional and Related Occupations | 15.35% | 22.68% |
| Service | 15.29% | 14.51% |
| Sales and Office | 25.48% | 25.22% |
| Farming, Fishing, and Forestry | 0.08% | 0.68% |
| Construction, Extraction, and Maintenance | 7.88% | 9.37% |
| Production, Transportation, and Material Moving | 27.10% | 15.86% |
The unemployment rate in Paterson, NJ, is 16.20%, with job growth of -1.49%. Future job growth over the next ten years is predicted to be 20.82%.
Paterson, NJ Taxes
Paterson, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Paterson, NJ Income and Salaries
The income per capita is $14,456, which includes all adults and children. The median household income is $37,333.
Paterson Economy SperlingViews
crime rate: your murder rate for paterson,n j is lower than what the fbi reported .petersburg is higher than what the fbi... (read more)Have an opinion about Paterson? Leave a commentTo See All SperlingViews for Paterson Click Here
