Zip 07009 (Cedar Grove, NJ) 

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Economy in Zip 07009 (Cedar Grove, NJ)

Cedar Grove (zip 07009) has an unemployment rate of 4.4%. The US average is 3.7%.

Cedar Grove (zip 07009) 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 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Cedar Grove (zip 07009)
- The Sales Tax Rate for Cedar Grove (zip 07009) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Cedar Grove (zip 07009) 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 Cedar Grove (zip 07009)
- The average income of a Cedar Grove (zip 07009) resident is $47,233 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Grove (zip 07009) resident is $103,384 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYCedar Grove, New JerseyUnited States
  4.4%3.7%
  -0.7%1.6%
  20.9%33.5%
  6.6%6.2%
  5.5%4.6%
  $51,017$31,177
  $115,926$57,652
  $142,578$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  4.1%6.2%
  6.0%10.4%
  4.0%2.7%
  10.1%11.6%
  2.5%4.1%
  1.5%0.9%
  3.7%2.1%
  9.0%4.7%
  1.4%1.9%
  11.9%6.7%
  0.1%0.1%
  2.1%4.3%
  15.1%9.3%
  11.8%13.8%
  2.1%2.2%
  3.0%7.4%
  4.6%4.9%
  6.8%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Cedar Grove (zip 07009)


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