Economy in South Orange Village Township, New Jersey
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Economy
| Unemployment Rate | 10.90% | 9.10% |
| Recent Job Growth | -0.52% | -0.12% |
| Future Job Growth | 28.06% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $50,715 | $27,067 |
| Household Income | $109,504 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.39% | 12.10% |
| Income between 15K and 25K | 5.85% | 10.18% |
| Income between 25K and 35K | 3.60% | 10.56% |
| Income between 35K and 50K | 7.39% | 14.98% |
| Income between 50K and 75K | 12.53% | 19.53% |
| Income between 75K and 100K | 11.42% | 12.52% |
| Income between 100K and 150K | 19.86% | 12.14% |
| Income between 150K and 250K | 10.77% | 3.91% |
| Income between 250K and 500K | 17.86% | 3.34% |
| Income greater than 500K | 5.33% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 18.54% | 13.81% |
| Professional and Related Occupations | 32.80% | 22.68% |
| Service | 12.20% | 14.51% |
| Sales and Office | 22.68% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 2.51% | 9.37% |
| Production, Transportation, and Material Moving | 5.33% | 15.86% |
The unemployment rate in South Orange Village Township, 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 Village Township, NJ Taxes
South Orange Village Township, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
South Orange Village Township, NJ Income and Salaries
The income per capita is $50,715, which includes all adults and children. The median household income is $109,504.
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