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Economy in Shrewsbury, New Jersey

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

Economy
EconomyShrewsbury, 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.$48,454$27,067
Household Income$108,752$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K1.40%12.10%
Income between 15K and 25K3.35%10.18%
Income between 25K and 35K3.59%10.56%
Income between 35K and 50K8.81%14.98%
Income between 50K and 75K14.50%19.53%
Income between 75K and 100K14.19%12.52%
Income between 100K and 150K19.96%12.14%
Income between 150K and 250K11.85%3.91%
Income between 250K and 500K18.78%3.34%
Income greater than 500K3.59%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations21.07%13.81%
Professional and Related Occupations28.59%22.68%
Service8.93%14.51%
Sales and Office29.37%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance5.62%9.37%
Production, Transportation, and Material Moving4.52%15.86%
Median Household Income

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

Shrewsbury, NJ Taxes

Shrewsbury, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Shrewsbury, NJ Income and Salaries

The income per capita is $48,454, which includes all adults and children. The median household income is $108,752.


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