Zip 07090 (Westfield, NJ) Economy


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Westfield, New Jersey (07090) is a wonderful place to live. Located in Union County, the city is situated just 23 miles from New York City and offers easy access to some of the most vibrant employment opportunities in the area. The two bedroom rent in Westfield is $2,150 compared to the US average of $1,430. In terms of grocery cost index, Westfield is 111 versus 100 for other parts of the country. There are many local companies and universities that contribute to this thriving city's culture. Some examples include Rutgers University – New Brunswick, Overlook Medical Center, Schneider Electric Technology Corporation, Mallinckrodt Pharmaceuticals, and Stryker Corporation. Westfield also boasts excellent public schools such as Westfield High School and its associated middle school and elementary schools. With affordable rents, high quality of life standards, excellent job opportunities nearby and numerous educational options available in Westfield (07090), it's no wonder why so many people are moving here!

Westfield (zip 07090) has an unemployment rate of 4.9%. The US average is 6.0%.

Westfield (zip 07090) 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 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Westfield (zip 07090)
- The Sales Tax Rate for Westfield (zip 07090) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Westfield (zip 07090) 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 Westfield (zip 07090)
- The average income of a Westfield (zip 07090) resident is $64,280 a year. The US average is $28,555 a year.
- The Median household income of a Westfield (zip 07090) resident is $185,093 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestfield, New JerseyUnited States
  4.96
  -7.3%-6.2%
  22.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $89,209$37,638
  $185,093$69,021
  $225,846$85,028
  Population by Occupation
  0.0%1.2%
  0.1%0.5%
  2.6%6.8%
  9.2%10.0%
  2.7%2.5%
  9.3%11.0%
  1.4%4.8%
  2.7%0.8%
  3.6%1.9%
  18.2%4.7%
  3.2%1.9%
  15.3%7.6%
  0.2%0.1%
  2.5%4.2%
  9.5%9.3%
  8.7%14.0%
  2.7%2.1%
  2.9%7.0%
  3.3%4.8%
  1.9%4.7%
Reviews for Westfield
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Over 12 years ago

Handsome architecture abounds--loads of houses built between 1880 and 1929. Super public schools. Thirving downtown with Dining and shopping that draw vistors from  More

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