Economy in Westfield, New Jersey
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Economy
| Unemployment Rate | 5.10% | 9.10% |
| Recent Job Growth | -0.55% | -0.12% |
| Future Job Growth | 33.80% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $56,703 | $27,067 |
| Household Income | $122,649 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.51% | 12.10% |
| Income between 15K and 25K | 4.26% | 10.18% |
| Income between 25K and 35K | 4.18% | 10.56% |
| Income between 35K and 50K | 6.53% | 14.98% |
| Income between 50K and 75K | 11.00% | 19.53% |
| Income between 75K and 100K | 10.78% | 12.52% |
| Income between 100K and 150K | 21.77% | 12.14% |
| Income between 150K and 250K | 13.20% | 3.91% |
| Income between 250K and 500K | 19.05% | 3.34% |
| Income greater than 500K | 5.72% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 24.67% | 13.81% |
| Professional and Related Occupations | 33.04% | 22.68% |
| Service | 7.75% | 14.51% |
| Sales and Office | 21.07% | 25.22% |
| Farming, Fishing, and Forestry | 0.01% | 0.68% |
| Construction, Extraction, and Maintenance | 3.30% | 9.37% |
| Production, Transportation, and Material Moving | 5.35% | 15.86% |
The unemployment rate in Westfield, NJ, is 5.10%, with job growth of -0.55%. Future job growth over the next ten years is predicted to be 33.80%.
Westfield, NJ Taxes
Westfield, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Westfield, NJ Income and Salaries
The income per capita is $56,703, which includes all adults and children. The median household income is $122,649.
Westfield Economy SperlingViews
Do not live here if you're African-American!!!: My family and I are black and have lived here for the past 2 years. I can't move quick enough!!! These people act like they've never seen people of color before, it's... (read more)Oasis Outside of NYC: As a resident for over 10 years, overall I have to say that Westfield is one of the most beautiful towns to live in within commuting distance to NYC! Here is a little... (read more)Westfield, NJ!: My family and I have been here for 11 years! Housing is expensive, but that is really the only downside (and snow!!!)
Seriously, it is beautiful, clean, with great... (read more)Have an opinion about Westfield? Leave a commentTo See All SperlingViews for Westfield Click Here