2025 Compare Cities Economy:
Fanwood, NJ vs Silver Spring, MD

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Highlights
- Household income in Silver Spring, is 48% less than it is in Fanwood and is 25% above the National Average.
- Fanwood unemployment rate is 8.0%.
- Silver Spring unemployment rate is 5.7%.
 Fanwood, NJSilver Spring, MDUnited States
 Unemployment Rate  Unlock5.7%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth22.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock8.0%4.6%
 Income per Cap.$69,106  Unlock$37,638
 Household Income  Unlock$91,970$69,021
 Family Median Income$194,674  Unlock$85,028
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 Est. Households By Income
 Fanwood, NJSilver Spring, MDUnited States
 Income Less Than 15K  Unlock4.7%9.4%
 Income between 15K and 20K1.7%  Unlock3.8%
 Income between 20K and 30K  Unlock6.3%8.1%
 Income between 30K and 40K2.9%  Unlock8.0%
 Income between 40K and 50K  Unlock7.1%7.6%
 Income between 50K and 60K1.9%  Unlock7.2%
 Income between 60K and 75K  Unlock9.0%9.6%
 Income between 75K and 100K12.8%  Unlock12.8%
 Income between 100K and 150K  Unlock18.8%16.3%
 Income between 150K and 200K14.2%  Unlock7.8%
 Income greater than 200K  Unlock15.5%9.5%
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 Population By Occupation
 Fanwood, NJSilver Spring, MDUnited States
 Management, business, finance43.1%  Unlock16.4%
 Engineering, computers, science  Unlock15.1%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock3.7%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.3%2.0%
 Healthcare practitioners and technology5.3%  Unlock6.2%
 Healthcare support  Unlock2.4%3.3%
 Firefighters, law enforcement0.6%  Unlock2.1%
 Food preparation, serving  Unlock4.1%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock4.5%2.6%
 Sales, office, administrative support19.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair2.6%  Unlock8.1%
 Production, transportation, material moving  Unlock6.6%13.1%
Reviews for Fanwood    2 Reviews

Over 17 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 Silver Spring    18 Reviews

Growing up in Silver Spring, my family and I have been residents for the better part of 25 years. Although some of the development has been great (Discovery Channel, new  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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