Zip 07650 (Palisades Park, NJ) 

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Economy in Zip 07650 (Palisades Park, NJ)

Palisades Park (zip 07650) has an unemployment rate of 3.0%. The US average is 3.7%.

Palisades Park (zip 07650) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.

Tax Rates for Palisades Park (zip 07650)
- The Sales Tax Rate for Palisades Park (zip 07650) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Palisades Park (zip 07650) 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 Palisades Park (zip 07650)
- The average income of a Palisades Park (zip 07650) resident is $29,871 a year. The US average is $28,555 a year.
- The Median household income of a Palisades Park (zip 07650) resident is $59,508 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYPalisades Park, New JerseyUnited States
  3.0%3.7%
  -0.5%1.6%
  25.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $31,306$31,177
  $64,538$57,652
  $72,624$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.0%0.6%
  7.2%6.2%
  4.9%10.4%
  5.1%2.7%
  14.5%11.6%
  4.4%4.1%
  0.4%0.9%
  1.9%2.1%
  5.3%4.7%
  1.9%1.9%
  9.7%6.7%
  0.0%0.1%
  2.7%4.3%
  5.1%9.3%
  9.2%13.8%
  1.6%2.2%
  12.4%7.4%
  12.1%4.9%
  1.4%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Palisades Park (zip 07650)


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