Zip 07950 (Morris Plains, NJ) 

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Economy in Zip 07950 (Morris Plains, NJ)

Morris Plains (zip 07950) has an unemployment rate of 5.9%. The US average is 6.0%.

Morris Plains (zip 07950) 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 22.4%, which is lower than the US average of 33.5%.

Tax Rates for Morris Plains (zip 07950)
- The Sales Tax Rate for Morris Plains (zip 07950) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Morris Plains (zip 07950) 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 Morris Plains (zip 07950)
- The average income of a Morris Plains (zip 07950) resident is $50,613 a year. The US average is $28,555 a year.
- The Median household income of a Morris Plains (zip 07950) resident is $105,696 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMorris Plains, New JerseyUnited States
  5.9%6.0%
  -7.3%-6.2%
  22.4%33.5%
  6.6%6.2%
  5.5%4.6%
  $53,362$31,177
  $120,095$57,652
  $140,546$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.0%0.6%
  5.1%6.2%
  10.7%10.4%
  4.8%2.7%
  9.1%11.6%
  1.1%4.1%
  0.5%0.9%
  5.5%2.1%
  10.0%4.7%
  2.8%1.9%
  14.4%6.7%
  0.2%0.1%
  3.6%4.3%
  9.8%9.3%
  10.1%13.8%
  1.4%2.2%
  5.1%7.4%
  4.1%4.9%
  1.7%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Morris Plains (zip 07950)


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