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Economy in South Orange, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySouth Orange, NJUnited States
Unemployment Rate10.90%9.10%
Recent Job Growth-0.52%-0.12%
Future Job Growth28.06%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$50,680$27,067
Household Income$109,506$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.39%12.10%
Income between 15K and 25K5.85%10.18%
Income between 25K and 35K3.60%10.56%
Income between 35K and 50K7.39%14.98%
Income between 50K and 75K12.53%19.53%
Income between 75K and 100K11.42%12.52%
Income between 100K and 150K19.86%12.14%
Income between 150K and 250K10.77%3.91%
Income between 250K and 500K17.86%3.34%
Income greater than 500K5.33%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations18.54%13.81%
Professional and Related Occupations32.81%22.68%
Service12.18%14.51%
Sales and Office22.71%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance2.51%9.37%
Production, Transportation, and Material Moving5.32%15.86%
Median Household Income

The unemployment rate in South Orange, NJ, is 10.90%, with job growth of -0.52%. Future job growth over the next ten years is predicted to be 28.06%.

South Orange, NJ Taxes

South Orange, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

South Orange, NJ Income and Salaries

The income per capita is $50,680, which includes all adults and children. The median household income is $109,506.


South Orange Economy SperlingViews

Arts and shopping: Great for the arts and... (read more)South Orange Quality of Life is Not What it Could : South Orange could be the perfect place to live in terms of access to NYC and the nostalgic gas lamps, star lit sky, and wonderful architecture. Unfortunately, having... (read more)30 Minutes from Mid-Town, a Turn-of-the-Century Vi: For people like me who grew up in non-descript suburbs of cities in the Western US, it's surprising to find a town, only 30 minutes from the middle of New York City,... (read more)Have an opinion about South Orange? Leave a commentTo See All SperlingViews for South Orange Click Here