Haledon, NJ Economy


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Haledon, NJ is an attractive place to live with a high quality of life. The two bedroom rent in Haledon is $1,850 which is higher than the US average of $1,430. Furthermore, the Grocery Cost Index in Haledon is 106 versus 100 in the US making it a more expensive place to grocery shop. There are a variety of businesses and industries that contribute to the local economy such as Delphi Automotive Systems, P & M Industrial Services Inc., MJR Electric Company, and Edgewater Park Industries. All these companies together create jobs and contribute to the overall prosperity of Haledon.

Haledon has an unemployment rate of 10.0%. The US average is 6.0%.

Haledon has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Haledon
- The Sales Tax Rate for Haledon is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Haledon is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Haledon
- The average income of a Haledon resident is $27,798 a year. The US average is $28,555 a year.
- The Median household income of a Haledon resident is $94,146 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHaledon, New JerseyUnited States
  106
  -8.3%-6.2%
  21.7%33.5%
  6.6%6.2%
  5.5%4.6%
  $35,469$37,638
  $94,146$69,021
  $98,340$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.5%6.8%
  8.3%10.0%
  3.2%2.5%
  16.9%11.0%
  8.8%4.8%
  0.6%0.8%
  2.0%1.9%
  5.0%4.7%
  1.9%1.9%
  8.1%7.6%
  0.0%0.1%
  5.0%4.2%
  8.2%9.3%
  11.2%14.0%
  2.8%2.1%
  2.9%7.0%
  5.9%4.8%
  3.6%4.7%
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