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2024 Compare Cities Economy:
Fanwood, NJ vs Hopkinton, NY

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Highlights
- Household income in Hopkinton, is 68% less than it is in Fanwood and is 19% below the National Average.
- Fanwood unemployment rate is 8.0%.
- Hopkinton unemployment rate is 6.7%.

Economy
 Fanwood, NJHopkinton, NYUnited States
 Unemployment Rate8.0%6.7%6.0%
 Recent Job Growth-0.7%0.5%1.6%
 Future Job Growth22.3%20.9%33.5%
 Sales Taxes6.6%8.0%6.2%
 Income Taxes5.5%6.2%4.6%
 Income per Cap.$69,106$31,280$37,638
 Household Income$178,311$57,813$69,021
 Family Median Income$194,674$64,722$85,028
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 Est. Households By Income
 Fanwood, NJHopkinton, NYUnited States
 Income Less Than 15K2.4%3.9%9.4%
 Income between 15K and 20K1.7%5.8%3.8%
 Income between 20K and 30K1.4%4.2%8.1%
 Income between 30K and 40K2.9%4.9%8.0%
 Income between 40K and 50K2.2%12.0%7.6%
 Income between 50K and 60K1.9%20.1%7.2%
 Income between 60K and 75K3.5%11.5%9.6%
 Income between 75K and 100K12.8%13.9%12.8%
 Income between 100K and 150K15.0%14.1%16.3%
 Income between 150K and 200K14.2%7.6%7.8%
 Income greater than 200K42.0%2.1%9.5%
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 Population By Occupation
 Fanwood, NJHopkinton, NYUnited States
 Management, business, finance43.1%11.5%16.4%
 Engineering, computers, science8.0%3.1%6.5%
 Community, social services1.4%0.0%1.8%
 Legal1.9%0.9%1.2%
 Education, library7.1%11.5%6.2%
 Arts, design, media, sports, entertainment1.3%0.7%2.0%
 Healthcare practitioners and technology5.3%5.2%6.2%
 Healthcare support1.0%1.5%3.3%
 Firefighters, law enforcement0.6%6.5%2.1%
 Food preparation, serving2.2%0.0%5.4%
 Building maintenance1.5%4.1%3.6%
 Personal care2.2%10.0%2.6%
 Sales, office, administrative support19.0%13.3%20.9%
 Farming, fishing, forestry0.0%2.2%0.6%
 Construction, extraction, maintenance/repair2.6%14.6%8.1%
 Production, transportation, material moving2.6%14.8%13.1%

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Reviews for Fanwood    2 Reviews

Over 16 years ago

We are transplanted New Yorkers and this is our second NJ town in five years (Bogota was the first and it was not for us). We chose Fanwood because of its proximity to  More

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Have lived in this Central New Jersey small town..20yrs..Love it Close to Westfield, Scotch Plains and Cranford...affluent towns with lots of shops, great restaurants  More

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Reviews for Hopkinton    1 Reviews

Since the economy in rural New York has always been depressed, there are many unscrupulous people who will take advantage of any prolonged absence from a dwelling. Be  More

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ZIPS IN FANWOOD, NEW JERSEY
07023
ZIPS IN HOPKINTON, NEW YORK
No Zip Codes Here.

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