Westfield, New Jersey 

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Economy in Westfield, New Jersey

Westfield has an unemployment rate of 2.8%. The US average is 3.9%.

Westfield 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 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Westfield
- The Sales Tax Rate for Westfield is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Westfield 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 Westfield
- The average income of a Westfield resident is $64,374 a year. The US average is $28,555 a year.
- The Median household income of a Westfield resident is $138,165 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYWestfield, New JerseyUnited States
  2.5%3.7%
  -0.7%1.6%
  22.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $77,890$31,177
  $159,923$57,652
  $198,125$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.0%0.6%
  3.2%6.2%
  8.3%10.4%
  2.5%2.7%
  8.8%11.6%
  2.8%4.1%
  0.8%0.9%
  4.3%2.1%
  14.7%4.7%
  3.5%1.9%
  15.3%6.7%
  0.1%0.1%
  3.4%4.3%
  8.4%9.3%
  12.4%13.8%
  1.8%2.2%
  3.0%7.4%
  4.5%4.9%
  2.1%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Westfield    8 Reviews
    Cost of living too high!@!! - 12/5/2011
    Looking for a simpler life - taxes too high in New... Read More

    Start Your Review of Westfield


    Oasis Outside of NYC - 3/6/2011
    As a resident for over 10 years, overall I have to say that Westfield is one of the most beautiful towns to live in within commuting distance to NYC! Here is a little... Read More

    Westfield, NJ! - 5/11/2010
    My family and I have been here for 11 years! Housing is expensive, but that is really the only downside (and snow!!!) Seriously, it is beautiful, clean, with great... Read More


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    COMPARE COST OF LIVING
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    MAPS OF WESTFIELD, NEW JERSEY
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Westfield,New Jersey Map
    ZIP CODES IN WESTFIELD, NEW JERSEY
    07090

    NEW LISTINGS IN WESTFIELD
    $799,000
    26 Fairhill Rd
    Bed 5 | Bath 5

    $849,000
    424 Mountain Ave
    Bed 5 | Bath 5

    $745,000
    115 W Grove St
    Bed 4 | Bath 3

    $800,000
    526 E Broad St
    Bed 2 | Bath 2

    $599,000
    1014 Central Ave
    Bed 4 | Bath 3

    $675,000
    1540 Rahway Ave
    Bed 3 | Bath 2

    $1,789,000
    910 Bailey Ct
    Bed 5 | Bath 5


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