Barclay, NJ Economy


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Barclay, NJ is a lovely town located in New Jersey. It is known for its diverse population and close-knit community. The cost of living is higher in Barclay than the US average, with a two bedroom rent of $1,770 compared to the US average of $1,430. The grocery cost index is also higher at 105 versus the US average of 100.
The economy in Barclay has been thriving due to the presence of local companies such as Barnes & Noble, Home Depot, PetSmart , and Walmart. The business opportunities available are endless and with many job openings in these companies it provides locals with ample employment options. Furthermore, there are many recreational activities that can be enjoyed such as golfing or swimming at various parks in town. All in all, Barclay is an ideal place to live for anyone looking for a safe and friendly atmosphere within reach of major businesses and amenities.

Barclay has an unemployment rate of 8.0%. The US average is 6.0%.

Barclay has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Barclay
- The Sales Tax Rate for Barclay is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Barclay 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 Barclay
- The average income of a Barclay resident is $50,575 a year. The US average is $28,555 a year.
- The Median household income of a Barclay resident is $144,361 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBarclay, New JerseyUnited States
  86
  -5.8%-6.2%
  27.8%33.5%
  6.6%6.2%
  5.5%4.6%
  $66,203$37,638
  $144,361$69,021
  $163,846$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.8%6.8%
  7.3%10.0%
  2.5%2.5%
  10.1%11.0%
  1.7%4.8%
  2.5%0.8%
  3.4%1.9%
  8.1%4.7%
  2.5%1.9%
  19.5%7.6%
  0.0%0.1%
  1.3%4.2%
  11.5%9.3%
  14.7%14.0%
  1.0%2.1%
  2.6%7.0%
  5.4%4.8%
  4.2%4.7%
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