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Economy in Cherry Hill (zip 08002), New Jersey

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCherry Hill, NJUnited States
Unemployment Rate10.70%9.10%
Recent Job Growth-0.96%-0.12%
Future Job Growth27.38%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income per Cap.$32,626$27,067
Household Income$64,016$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K8.56%12.10%
Income between 15K and 25K8.97%10.18%
Income between 25K and 35K8.82%10.56%
Income between 35K and 50K12.83%14.98%
Income between 50K and 75K19.48%19.53%
Income between 75K and 100K15.06%12.52%
Income between 100K and 150K17.92%12.14%
Income between 150K and 250K4.61%3.91%
Income between 250K and 500K2.93%3.34%
Income greater than 500K0.83%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.89%13.81%
Professional and Related Occupations27.32%22.68%
Service12.08%14.51%
Sales and Office25.92%25.22%
Farming, Fishing, and Forestry0.10%0.68%
Construction, Extraction, and Maintenance5.17%9.37%
Production, Transportation, and Material Moving9.60%15.86%
Median Household Income

The unemployment rate in Cherry Hill (zip 08002), NJ, is 10.70%, with job growth of -0.96%. Future job growth over the next ten years is predicted to be 27.38%.

Cherry Hill (zip 08002), NJ Taxes

Cherry Hill (zip 08002), NJ,sales tax rate is 7.00%. Income tax is 8.97%.

Cherry Hill (zip 08002), NJ Income and Salaries

The income per capita is $32,626, which includes all adults and children. The median household income is $64,016.


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