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Economy in Port Monmouth, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyPort Monmouth, NJUnited States
Unemployment Rate8.60%9.10%
Recent Job Growth-0.72%-0.12%
Future Job Growth29.96%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$27,102$27,067
Household Income$66,950$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.58%12.10%
Income between 15K and 25K7.52%10.18%
Income between 25K and 35K9.74%10.56%
Income between 35K and 50K14.01%14.98%
Income between 50K and 75K13.46%19.53%
Income between 75K and 100K15.44%12.52%
Income between 100K and 150K22.89%12.14%
Income between 150K and 250K4.59%3.91%
Income between 250K and 500K2.38%3.34%
Income greater than 500K0.40%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.73%13.81%
Professional and Related Occupations15.16%22.68%
Service17.66%14.51%
Sales and Office25.11%25.22%
Farming, Fishing, and Forestry0.38%0.68%
Construction, Extraction, and Maintenance10.60%9.37%
Production, Transportation, and Material Moving13.37%15.86%
Median Household Income

The unemployment rate in Port Monmouth, NJ, is 8.60%, with job growth of -0.72%. Future job growth over the next ten years is predicted to be 29.96%.

Port Monmouth, NJ Taxes

Port Monmouth, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Port Monmouth, NJ Income and Salaries

The income per capita is $27,102, which includes all adults and children. The median household income is $66,950.


Port Monmouth Economy SperlingViews

Getting to crowded and expensive: Port Monmouth is a very nice area. Lots to do. However, the taxes are sky high all over Monmouth County, as they are all over NJ. And the utilities have also... (read more)Have an opinion about Port Monmouth? Leave a commentTo See All SperlingViews for Port Monmouth Click Here