Zip 07069 (Watchung, NJ) 

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Economy in Zip 07069 (Watchung, NJ)

Watchung (zip 07069) has an unemployment rate of 3.0%. The US average is 3.7%.

Watchung (zip 07069) 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 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Watchung (zip 07069)
- The Sales Tax Rate for Watchung (zip 07069) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Watchung (zip 07069) 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 Watchung (zip 07069)
- The average income of a Watchung (zip 07069) resident is $65,052 a year. The US average is $28,555 a year.
- The Median household income of a Watchung (zip 07069) resident is $106,563 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYWatchung, New JerseyUnited States
  3.0%3.7%
  -0.7%1.6%
  23.7%33.5%
  6.6%6.2%
  5.5%4.6%
  $68,926$31,177
  $122,434$57,652
  $150,682$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.0%0.6%
  3.7%6.2%
  9.6%10.4%
  2.0%2.7%
  17.8%11.6%
  1.3%4.1%
  0.0%0.9%
  0.6%2.1%
  10.1%4.7%
  0.5%1.9%
  12.5%6.7%
  0.0%0.1%
  5.0%4.3%
  7.5%9.3%
  19.4%13.8%
  1.9%2.2%
  4.3%7.4%
  0.4%4.9%
  3.6%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Watchung (zip 07069)


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