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2024 Compare Cities Economy:
Milford, CT vs Fort Lee, NJ

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Highlights
- Household income in Fort Lee, is 5% less than it is in Milford and is 25% above the National Average.
- Milford unemployment rate is 8.0%.
- Fort Lee unemployment rate is 5.5%.

Economy
 Milford, CTFort Lee, NJUnited States
 Unemployment Rate8.0%5.5%6.0%
 Recent Job Growth-0.3%-0.5%1.6%
 Future Job Growth29.4%31.4%33.5%
 Sales Taxes6.4%6.6%6.2%
 Income Taxes5.0%5.5%4.6%
 Income per Cap.$54,069$57,727$37,638
 Household Income$97,785$92,456$69,021
 Family Median Income$124,765$116,435$85,028
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 Est. Households By Income
 Milford, CTFort Lee, NJUnited States
 Income Less Than 15K5.1%9.5%9.4%
 Income between 15K and 20K1.9%3.1%3.8%
 Income between 20K and 30K5.8%4.4%8.1%
 Income between 30K and 40K5.6%5.7%8.0%
 Income between 40K and 50K4.9%4.9%7.6%
 Income between 50K and 60K5.8%4.7%7.2%
 Income between 60K and 75K7.9%8.2%9.6%
 Income between 75K and 100K13.8%12.3%12.8%
 Income between 100K and 150K20.3%19.6%16.3%
 Income between 150K and 200K11.7%12.9%7.8%
 Income greater than 200K17.2%14.7%9.5%
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 Population By Occupation
 Milford, CTFort Lee, NJUnited States
 Management, business, finance21.2%26.7%16.4%
 Engineering, computers, science7.2%8.2%6.5%
 Community, social services1.8%0.9%1.8%
 Legal2.1%2.5%1.2%
 Education, library8.3%7.0%6.2%
 Arts, design, media, sports, entertainment1.6%3.8%2.0%
 Healthcare practitioners and technology9.4%8.4%6.2%
 Healthcare support2.9%2.2%3.3%
 Firefighters, law enforcement2.1%1.6%2.1%
 Food preparation, serving3.7%2.7%5.4%
 Building maintenance1.6%1.4%3.6%
 Personal care3.6%2.9%2.6%
 Sales, office, administrative support21.3%18.8%20.9%
 Farming, fishing, forestry0.6%0.1%0.6%
 Construction, extraction, maintenance/repair5.6%3.8%8.1%
 Production, transportation, material moving7.0%9.2%13.1%

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Reviews for Milford    0 Reviews

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Reviews for Fort Lee    1 Reviews

Over 16 years ago

Fort Lee is the most convenient place I can imagine. It's a small, tree-lined borough sitting at the front door of the world's greatest city. Fort Lee is  More

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ZIPS IN MILFORD, CONNECTICUT
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ZIPS IN FORT LEE, NEW JERSEY
07024

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