Economy in Westwood, New Jersey
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Economy
| Unemployment Rate | 7.90% | 9.10% |
| Recent Job Growth | -0.26% | -0.12% |
| Future Job Growth | 31.58% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.97% | 6.25% |
| Income per Cap. | $40,395 | $27,067 |
| Household Income | $73,991 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.89% | 12.10% |
| Income between 15K and 25K | 5.50% | 10.18% |
| Income between 25K and 35K | 7.56% | 10.56% |
| Income between 35K and 50K | 10.49% | 14.98% |
| Income between 50K and 75K | 20.15% | 19.53% |
| Income between 75K and 100K | 13.72% | 12.52% |
| Income between 100K and 150K | 19.83% | 12.14% |
| Income between 150K and 250K | 8.45% | 3.91% |
| Income between 250K and 500K | 6.16% | 3.34% |
| Income greater than 500K | 1.26% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.20% | 13.81% |
| Professional and Related Occupations | 23.96% | 22.68% |
| Service | 13.95% | 14.51% |
| Sales and Office | 26.93% | 25.22% |
| Farming, Fishing, and Forestry | 0.05% | 0.68% |
| Construction, Extraction, and Maintenance | 6.30% | 9.37% |
| Production, Transportation, and Material Moving | 8.11% | 15.86% |
The unemployment rate in Westwood, NJ, is 7.90%, with job growth of -0.26%. Future job growth over the next ten years is predicted to be 31.58%.
Westwood, NJ Taxes
Westwood, NJ,sales tax rate is 7.00%. Income tax is 8.97%.
Westwood, NJ Income and Salaries
The income per capita is $40,395, which includes all adults and children. The median household income is $73,991.
Westwood Economy SperlingViews
Jersey Girl heading south: The change of seasons used to be exciting, but now the winters are so dreary. Summer comes and goes so quickly. I always hate to see it end. I just want to live... (read more)BEST in Bergen County, NJ: the Pascack Valley region of Bergen County, NJ is THE place to be! It encompasses River Vale, Hillsdale, Westwood, and Emerson with Westwood being the epi-center. I grew... (read more)Have an opinion about Westwood? Leave a commentTo See All SperlingViews for Westwood Click Here
