Zip 07023 (Fanwood, NJ) 

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Economy in Zip 07023 (Fanwood, NJ)

Fanwood (zip 07023) has an unemployment rate of 8.0%. The US average is 6.0%.

Fanwood (zip 07023) 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 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Fanwood (zip 07023)
- The Sales Tax Rate for Fanwood (zip 07023) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Fanwood (zip 07023) 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 Fanwood (zip 07023)
- The average income of a Fanwood (zip 07023) resident is $47,585 a year. The US average is $28,555 a year.
- The Median household income of a Fanwood (zip 07023) resident is $123,003 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYFanwood, New JerseyUnited States
  8.0%6.0%
  -7.3%-6.2%
  22.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $50,993$31,177
  $132,292$57,652
  $155,880$70,850
  POPULATION BY OCCUPATION
  0.5%1.3%
  0.0%0.6%
  3.5%6.2%
  6.6%10.4%
  2.5%2.7%
  9.6%11.6%
  1.4%4.1%
  1.1%0.9%
  5.7%2.1%
  9.1%4.7%
  3.2%1.9%
  11.1%6.7%
  0.6%0.1%
  1.7%4.3%
  10.9%9.3%
  12.7%13.8%
  2.6%2.2%
  3.8%7.4%
  7.1%4.9%
  6.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Fanwood    1 Reviews
    Great for kids - 6/22/2006
    We moved to Fanwood in November 2005. It's great for the kids. There is a park and Nature Center within a couple of blocks. Everything is very well taken care... Read More

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    Fanwood (zip 07023)


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