Zip 08720 (Allenwood, NJ) 

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Economy in Zip 08720 (Allenwood, NJ)

Allenwood (zip 08720) has an unemployment rate of 6.4%. The US average is 6.0%.

Allenwood (zip 08720) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.

Tax Rates for Allenwood (zip 08720)
- The Sales Tax Rate for Allenwood (zip 08720) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Allenwood (zip 08720) 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 Allenwood (zip 08720)
- The average income of a Allenwood (zip 08720) resident is $38,240 a year. The US average is $28,555 a year.
- The Median household income of a Allenwood (zip 08720) resident is $120,031 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYAllenwood, New JerseyUnited States
  6.4%6.0%
  -6.6%-6.2%
  27.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $32,165$31,177
  $122,826$57,652
  $124,293$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  9.9%6.2%
  5.2%10.4%
  8.1%2.7%
  3.5%11.6%
  0.0%4.1%
  0.0%0.9%
  0.0%2.1%
  0.0%4.7%
  2.9%1.9%
  8.4%6.7%
  0.0%0.1%
  1.4%4.3%
  18.0%9.3%
  14.5%13.8%
  2.3%2.2%
  15.1%7.4%
  9.3%4.9%
  1.4%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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