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Economy in Spring Lake, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySpring Lake, 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.$69,292$27,067
Household Income$124,688$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.25%12.10%
Income between 15K and 25K2.42%10.18%
Income between 25K and 35K2.63%10.56%
Income between 35K and 50K8.71%14.98%
Income between 50K and 75K9.74%19.53%
Income between 75K and 100K10.78%12.52%
Income between 100K and 150K21.15%12.14%
Income between 150K and 250K14.65%3.91%
Income between 250K and 500K17.00%3.34%
Income greater than 500K7.67%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations25.85%13.81%
Professional and Related Occupations26.33%22.68%
Service10.61%14.51%
Sales and Office26.12%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance5.10%9.37%
Production, Transportation, and Material Moving4.08%15.86%
Median Household Income

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

Spring Lake, NJ Taxes

Spring Lake, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Spring Lake, NJ Income and Salaries

The income per capita is $69,292, which includes all adults and children. The median household income is $124,688.


Spring Lake Economy SperlingViews

Nice enough: While Spring Lake is nice enough, it lacks the warmth of it's neighboring town Belmar. Both towns have a mix of multiple generations and make for historic family lines... (read more)Have an opinion about Spring Lake? Leave a commentTo See All SperlingViews for Spring Lake Click Here