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Economy in Washington Township, New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWashington Township, 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.$49,446$27,067
Household Income$106,179$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.17%12.10%
Income between 15K and 25K2.73%10.18%
Income between 25K and 35K5.55%10.56%
Income between 35K and 50K8.31%14.98%
Income between 50K and 75K13.41%19.53%
Income between 75K and 100K14.29%12.52%
Income between 100K and 150K24.24%12.14%
Income between 150K and 250K13.21%3.91%
Income between 250K and 500K12.83%3.34%
Income greater than 500K3.26%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations23.57%13.81%
Professional and Related Occupations27.05%22.68%
Service8.53%14.51%
Sales and Office28.94%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance5.41%9.37%
Production, Transportation, and Material Moving4.36%15.86%
Median Household Income

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

Washington Township, NJ Taxes

Washington Township, NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Washington Township, NJ Income and Salaries

The income per capita is $49,446, which includes all adults and children. The median household income is $106,179.


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