2025 Compare Cities Economy:
Paramus, NJ vs Red Bank, NJ

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Highlights
- Household income in Red Bank, is 38% less than it is in Paramus and is 15% above the National Average.
- Paramus unemployment rate is 6.9%.
- Red Bank unemployment rate is 6.8%.
 Paramus, NJRed Bank, NJUnited States
 Unemployment Rate  Unlock6.8%6.0%
 Recent Job Growth  Unlock-0.2%1.6%
 Future Job Growth24.5%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$51,858  Unlock$37,638
 Household Income  Unlock$80,781$69,021
 Family Median Income$144,092  Unlock$85,028
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 Est. Households By Income
 Paramus, NJRed Bank, NJUnited States
 Income Less Than 15K  Unlock8.4%9.4%
 Income between 15K and 20K3.0%  Unlock3.8%
 Income between 20K and 30K  Unlock7.1%8.1%
 Income between 30K and 40K4.2%  Unlock8.0%
 Income between 40K and 50K  Unlock6.3%7.6%
 Income between 50K and 60K3.3%  Unlock7.2%
 Income between 60K and 75K  Unlock10.1%9.6%
 Income between 75K and 100K10.0%  Unlock12.8%
 Income between 100K and 150K  Unlock16.7%16.3%
 Income between 150K and 200K16.0%  Unlock7.8%
 Income greater than 200K  Unlock16.1%9.5%
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 Population By Occupation
 Paramus, NJRed Bank, NJUnited States
 Management, business, finance23.5%  Unlock16.4%
 Engineering, computers, science  Unlock5.6%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock2.2%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock6.1%2.0%
 Healthcare practitioners and technology8.3%  Unlock6.2%
 Healthcare support  Unlock1.8%3.3%
 Firefighters, law enforcement1.9%  Unlock2.1%
 Food preparation, serving  Unlock4.6%5.4%
 Building maintenance1.2%  Unlock3.6%
 Personal care  Unlock1.8%2.6%
 Sales, office, administrative support25.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.5%  Unlock8.1%
 Production, transportation, material moving  Unlock6.9%13.1%
Reviews for Paramus    2 Reviews

Over 16 years ago

My siblings and I are products of the Paramus Public School system and I am an attorney, my sister is a doctor and my brother is finishing his MBA. Many of my high  More

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Over 18 years ago

I have lived here most of my life and it is a fabulous place to live. Community oriented - great schools and great  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 17 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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