Economy in Wood-Ridge, New Jersey
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| Unemployment Rate | 7.20% | 8.60% |
| Recent Job Growth | 1.50% | 0.35% |
| Future Job Growth | 35.80% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 2.45% | 4.70% |
| Income per Cap. | $34,581 | $26,154 |
| Household Income | $74,502 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.77% | 12.37% |
| Income between 15K and 25K | 6.04% | 10.53% |
| Income between 25K and 35K | 4.73% | 10.88% |
| Income between 35K and 50K | 11.59% | 15.37% |
| Income between 50K and 75K | 23.32% | 20.14% |
| Income between 75K and 100K | 16.19% | 12.41% |
| Income between 100K and 150K | 20.54% | 11.27% |
| Income between 150K and 250K | 10.56% | 5.01% |
| Income between 250K and 500K | 2.06% | 1.86% |
| Income greater than 500K | 0.21% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 17.48% | 14.04% |
| Professional and Related Occupations | 21.75% | 20.61% |
| Service | 9.26% | 14.45% |
| Sales and Office | 31.01% | 26.75% |
| Farming, Fishing, and Forestry | 0.00% | 0.70% |
| Construction, Extraction, and Maintenance | 8.75% | 9.42% |
| Production, Transportation, and Material Moving | 11.75% | 14.05% |
The unemployment rate in Wood-Ridge, NJ, is 7.20%, with job growth of 1.50%. Future job growth over the next ten years is predicted to be 35.80%.
Wood-Ridge, NJ Taxes
Wood-Ridge, NJ,sales tax rate is 7.00%. Income tax is 2.45%.
Wood-Ridge, NJ Income and Salaries
The income per capita is $34,581, which includes all adults and children. The median household income is $74,502.
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