Zip 07974 (New Providence, NJ) 

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Economy in Zip 07974 (New Providence, NJ)

New Providence (zip 07974) has an unemployment rate of 8.0%. The US average is 6.0%.

New Providence (zip 07974) 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 New Providence (zip 07974)
- The Sales Tax Rate for New Providence (zip 07974) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for New Providence (zip 07974) 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 New Providence (zip 07974)
- The average income of a New Providence (zip 07974) resident is $59,458 a year. The US average is $28,555 a year.
- The Median household income of a New Providence (zip 07974) resident is $142,107 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYNew Providence, New JerseyUnited States
  8.0%6.0%
  -7.3%-6.2%
  22.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $62,988$31,177
  $146,776$57,652
  $171,319$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.2%0.6%
  4.3%6.2%
  8.3%10.4%
  4.6%2.7%
  7.9%11.6%
  2.7%4.1%
  0.5%0.9%
  6.1%2.1%
  15.4%4.7%
  1.2%1.9%
  15.6%6.7%
  0.0%0.1%
  1.4%4.3%
  11.3%9.3%
  10.3%13.8%
  3.1%2.2%
  2.8%7.4%
  2.0%4.9%
  2.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    New Providence (zip 07974)


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