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2024 Compare Cities Economy:
Morris Plains, NJ vs East Hanover, NJ

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Highlights
- Household income in East Hanover, is 2% less than it is in Morris Plains and is 47% above the National Average.
- Morris Plains unemployment rate is 6.2%.
- East Hanover unemployment rate is 6.2%.

Economy
 Morris Plains, NJEast Hanover, NJUnited States
 Unemployment Rate6.2%6.2%6.0%
 Recent Job Growth-0.7%-0.7%1.6%
 Future Job Growth23.5%23.5%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$64,051$55,555$37,638
 Household Income$131,731$129,329$69,021
 Family Median Income$145,707$138,769$85,028
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 Est. Households By Income
 Morris Plains, NJEast Hanover, NJUnited States
 Income Less Than 15K1.1%2.7%9.4%
 Income between 15K and 20K1.4%1.4%3.8%
 Income between 20K and 30K3.1%2.7%8.1%
 Income between 30K and 40K3.8%2.8%8.0%
 Income between 40K and 50K4.1%2.9%7.6%
 Income between 50K and 60K3.3%2.9%7.2%
 Income between 60K and 75K2.0%4.4%9.6%
 Income between 75K and 100K12.7%15.9%12.8%
 Income between 100K and 150K30.9%23.4%16.3%
 Income between 150K and 200K13.3%16.8%7.8%
 Income greater than 200K24.2%24.2%9.5%
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 Population By Occupation
 Morris Plains, NJEast Hanover, NJUnited States
 Management, business, finance24.8%28.6%16.4%
 Engineering, computers, science8.8%7.1%6.5%
 Community, social services1.2%2.4%1.8%
 Legal1.3%2.2%1.2%
 Education, library15.6%8.9%6.2%
 Arts, design, media, sports, entertainment2.5%1.9%2.0%
 Healthcare practitioners and technology4.9%7.8%6.2%
 Healthcare support0.5%0.4%3.3%
 Firefighters, law enforcement3.2%3.3%2.1%
 Food preparation, serving3.3%2.6%5.4%
 Building maintenance1.4%1.8%3.6%
 Personal care2.1%1.6%2.6%
 Sales, office, administrative support20.9%21.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair5.9%4.8%8.1%
 Production, transportation, material moving3.7%5.5%13.1%

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Reviews for East Hanover    1 Reviews

Over 14 years ago

Taxes in NJ are very high as are utilities. East Hanover is a great town to live in and raise children if you're  More

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