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Economy in Teterboro, New Jersey

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

Economy
EconomyTeterboro, NJUnited States
Unemployment Rate7.90%9.10%
Recent Job Growth-0.26%-0.12%
Future Job Growth31.58%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$34,870$27,067
Household Income$65,018$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.69%12.10%
Income between 15K and 25K3.85%10.18%
Income between 25K and 35K7.69%10.56%
Income between 35K and 50K19.23%14.98%
Income between 50K and 75K19.23%19.53%
Income between 75K and 100K15.38%12.52%
Income between 100K and 150K11.54%12.14%
Income between 150K and 250K7.69%3.91%
Income between 250K and 500K7.69%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations17.95%13.81%
Professional and Related Occupations15.38%22.68%
Service20.51%14.51%
Sales and Office53.85%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance25.64%9.37%
Production, Transportation, and Material Moving28.21%15.86%
Median Household Income

The unemployment rate in Teterboro, NJ, is 7.90%, with job growth of -0.26%. Future job growth over the next ten years is predicted to be 31.58%.

Teterboro, NJ Taxes

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

Teterboro, NJ Income and Salaries

The income per capita is $34,870, which includes all adults and children. The median household income is $65,018.


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