2025 Compare Cities Economy:
Hanover, NJ vs Totowa, NJ

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Highlights
- Household income in Totowa, is 22% less than it is in Hanover and is 33% above the National Average.
- Hanover unemployment rate is 6.2%.
- Totowa unemployment rate is 10.0%.
 Hanover, NJTotowa, NJUnited States
 Unemployment Rate  Unlock10.0%6.0%
 Recent Job Growth  Unlock-0.5%1.6%
 Future Job Growth23.5%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$65,394  Unlock$37,638
 Household Income  Unlock$103,419$69,021
 Family Median Income$157,083  Unlock$85,028
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 Est. Households By Income
 Hanover, NJTotowa, NJUnited States
 Income Less Than 15K  Unlock1.9%9.4%
 Income between 15K and 20K1.4%  Unlock3.8%
 Income between 20K and 30K  Unlock2.4%8.1%
 Income between 30K and 40K3.6%  Unlock8.0%
 Income between 40K and 50K  Unlock8.5%7.6%
 Income between 50K and 60K4.9%  Unlock7.2%
 Income between 60K and 75K  Unlock7.7%9.6%
 Income between 75K and 100K11.1%  Unlock12.8%
 Income between 100K and 150K  Unlock21.4%16.3%
 Income between 150K and 200K16.8%  Unlock7.8%
 Income greater than 200K  Unlock18.7%9.5%
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 Population By Occupation
 Hanover, NJTotowa, NJUnited States
 Management, business, finance23.9%  Unlock16.4%
 Engineering, computers, science  Unlock6.7%6.5%
 Community, social services0.6%  Unlock1.8%
 Legal  Unlock0.4%1.2%
 Education, library10.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology4.1%  Unlock6.2%
 Healthcare support  Unlock2.6%3.3%
 Firefighters, law enforcement3.4%  Unlock2.1%
 Food preparation, serving  Unlock2.8%5.4%
 Building maintenance2.5%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support19.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair3.1%  Unlock8.1%
 Production, transportation, material moving  Unlock10.0%13.1%
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