Weston, NJ Economy


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Weston, NJ is an affluent suburban community located in Northern New Jersey. It offers residents a high quality of life with its low crime rate, excellent school system, and abundance of shopping and recreational activities. The median 2 bedroom rent in Weston is $2.100, which is far higher than the US median of $1,430. Additionally, the grocery cost index in Weston is 105 compared to 100 nationwide making groceries slightly more expensive overall in this area. Notable companies that are based in or near Weston include Avaya Inc., Vistex Inc., Onit Inc., and GEP Worldwide LLC. All these factors make Weston an attractive place to live for those who can afford it.

Weston has an unemployment rate of 6.3%. The US average is 6.0%.

Weston has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Weston
- The Sales Tax Rate for Weston is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Weston 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 Weston
- The average income of a Weston resident is $49,850 a year. The US average is $28,555 a year.
- The Median household income of a Weston resident is $79,519 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWeston, New JerseyUnited States
  6.36
  -7.3%-6.2%
  23.7%33.5%
  6.6%6.2%
  5.5%4.6%
  $61,588$37,638
  $79,519$69,021
  $106,563$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.8%6.8%
  13.1%10.0%
  0.0%2.5%
  2.2%11.0%
  1.9%4.8%
  0.0%0.8%
  4.4%1.9%
  10.2%4.7%
  2.7%1.9%
  21.6%7.6%
  0.0%0.1%
  7.0%4.2%
  4.9%9.3%
  17.1%14.0%
  3.8%2.1%
  0.0%7.0%
  4.7%4.8%
  3.8%4.7%
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