Economy in Paterson, New Jersey
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| Unemployment Rate | 10.40% | 8.60% |
| Recent Job Growth | 2.12% | 0.35% |
| Future Job Growth | 33.84% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 2.45% | 4.70% |
| Income per Cap. | $15,980 | $26,154 |
| Household Income | $40,245 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.86% | 12.37% |
| Income between 15K and 25K | 12.29% | 10.53% |
| Income between 25K and 35K | 12.42% | 10.88% |
| Income between 35K and 50K | 16.20% | 15.37% |
| Income between 50K and 75K | 19.14% | 20.14% |
| Income between 75K and 100K | 9.83% | 12.41% |
| Income between 100K and 150K | 7.93% | 11.27% |
| Income between 150K and 250K | 2.52% | 5.01% |
| Income between 250K and 500K | 0.73% | 1.86% |
| Income greater than 500K | 0.07% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.13% | 14.04% |
| Professional and Related Occupations | 10.97% | 20.61% |
| Service | 19.99% | 14.45% |
| Sales and Office | 27.75% | 26.75% |
| Farming, Fishing, and Forestry | 0.16% | 0.70% |
| Construction, Extraction, and Maintenance | 7.88% | 9.42% |
| Production, Transportation, and Material Moving | 27.12% | 14.05% |
The unemployment rate in Paterson, NJ, is 10.40%, with job growth of 2.12%. Future job growth over the next ten years is predicted to be 33.84%.
Paterson, NJ Taxes
Paterson, NJ,sales tax rate is 7.00%. Income tax is 2.45%.
Paterson, NJ Income and Salaries
The income per capita is $15,980, which includes all adults and children. The median household income is $40,245.
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
