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2024 Compare Cities Economy:
Hoboken, NJ vs Red Bank, NJ

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Highlights
- Household income in Red Bank, is 50% less than it is in Hoboken and is 15% above the National Average.
- Hoboken unemployment rate is 4.2%.
- Red Bank unemployment rate is 6.8%.

Economy
 Hoboken, NJRed Bank, NJUnited States
 Unemployment Rate4.2%6.8%6.0%
 Recent Job Growth-0.5%-0.2%1.6%
 Future Job Growth30.0%26.8%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$97,083$62,234$37,638
 Household Income$160,890$80,781$69,021
 Family Median Income$210,773$106,938$85,028
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 Est. Households By Income
 Hoboken, NJRed Bank, NJUnited States
 Income Less Than 15K5.0%8.4%9.4%
 Income between 15K and 20K2.7%4.1%3.8%
 Income between 20K and 30K3.6%7.1%8.1%
 Income between 30K and 40K2.8%8.2%8.0%
 Income between 40K and 50K3.0%6.3%7.6%
 Income between 50K and 60K2.6%4.8%7.2%
 Income between 60K and 75K3.7%10.1%9.6%
 Income between 75K and 100K7.9%7.6%12.8%
 Income between 100K and 150K15.3%16.7%16.3%
 Income between 150K and 200K15.2%10.6%7.8%
 Income greater than 200K38.1%16.1%9.5%
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 Population By Occupation
 Hoboken, NJRed Bank, NJUnited States
 Management, business, finance42.9%23.3%16.4%
 Engineering, computers, science10.7%5.6%6.5%
 Community, social services0.5%0.2%1.8%
 Legal3.8%2.2%1.2%
 Education, library4.2%11.4%6.2%
 Arts, design, media, sports, entertainment4.2%6.1%2.0%
 Healthcare practitioners and technology5.4%7.0%6.2%
 Healthcare support0.7%1.8%3.3%
 Firefighters, law enforcement0.9%0.3%2.1%
 Food preparation, serving1.7%4.6%5.4%
 Building maintenance0.5%4.8%3.6%
 Personal care1.5%1.8%2.6%
 Sales, office, administrative support19.6%15.7%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair0.6%8.3%8.1%
 Production, transportation, material moving2.8%6.9%13.1%

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Reviews for Hoboken    8 Reviews

Over 10 years ago

Great place to  More

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Over 13 years ago

Hoboken is one of those places that is still overlooked. With Brooklyn blowing up,why not live essentially the same subway-trip from Manhattan without paying city tax,  More

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Over 13 years ago

My kind of  More

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Reviews for Red Bank    3 Reviews

Not only can you great medical care at Riverview Hospital, you can also get a milliion dollar view of the Navesink River to brighten your mood and speed your recovery.   More

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Over 16 years ago

The Art Alliance of Monmouth County is based in Red Bank and promotes diverse visual art expressions of the 300 plus members. Count Basie Theater is scheduled to reopen  More

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Social and Cultural Hub for Central & South  More

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ZIPS IN HOBOKEN, NEW JERSEY
07030
ZIPS IN RED BANK, NEW JERSEY
07701

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