Zip 07522 (Paterson, NJ) 

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Economy in Zip 07522 (Paterson, NJ)

Paterson (zip 07522) has an unemployment rate of 14.8%. The US average is 6.0%.

Paterson (zip 07522) 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 17.9%, which is lower than the US average of 33.5%.

Tax Rates for Paterson (zip 07522)
- The Sales Tax Rate for Paterson (zip 07522) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Paterson (zip 07522) 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 Paterson (zip 07522)
- The average income of a Paterson (zip 07522) resident is $13,486 a year. The US average is $28,555 a year.
- The Median household income of a Paterson (zip 07522) resident is $27,031 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYPaterson, New JerseyUnited States
  14.8%6.0%
  -8.3%-6.2%
  17.9%33.5%
  6.6%6.2%
  5.5%4.6%
  $14,064$31,177
  $30,902$57,652
  $32,410$70,850
  POPULATION BY OCCUPATION
  0.4%1.3%
  0.0%0.6%
  2.9%6.2%
  12.8%10.4%
  3.4%2.7%
  14.3%11.6%
  7.3%4.1%
  0.4%0.9%
  1.2%2.1%
  3.0%4.7%
  0.9%1.9%
  3.3%6.7%
  0.3%0.1%
  6.0%4.3%
  10.9%9.3%
  18.7%13.8%
  1.2%2.2%
  7.8%7.4%
  5.0%4.9%
  0.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Paterson (zip 07522)


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