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Verona, New Jersey Economy Profile



QuickFacts


 Verona, New Jersey United States
StateNew Jersey
CityVerona
Total population13,533 281,421,906
Male6,376138,053,563
Female7,157143,368,343
Median age (years)41.435.3
Total households5,585105,480,101
Median household income (dollars)74,61941,994

Verona, New Jersey Economy

64.71% of people are in the labor force of Verona, New Jersey. The total population of Verona, New Jersey is thirteen thousand, five hundred and thirty-three people. Per capita income in Verona, New Jersey is equal to $41,202. On an average, male full-time, year-round workers in Verona, New Jersey, receive sixty thousand, four hundred and thirty-four dollars, female full-time, year-round workers in Verona, New Jersey, are paid forty-three thousand, one hundred and ninety-six dollars. There are 21 families with female householder, no husband present.

Self-employed workers in own not incorporated business make up eight point three seven percent of workers in Verona, New Jersey. Seventy-five point nine eight percent comprise private wage and salary workers in Verona, New Jersey. There are sixteen Unpaid family workers in Verona, New Jersey. 256 people are involved in public administration. 24.76% of workers provide educational, health and social services in Verona, New Jersey. The percentage of people involved into transportation and warehousing, and utilities in Verona, New Jersey is as follows: 3.31%.

 Verona, New Jersey %, Verona, New Jersey United States
Population 16 years and over10,779  217,168,077
In labor force6,975 64.71%63.92%
- Civilian labor force6,975 64.71%63.39%
- - Employed6,833 63.39%59.73%
- - Unemployed142 1.32%3.66%
- - - Percent of civilian labor force2.0  5.8
- Armed Forces0  0.53%
Not in labor force3,804 35.29%36.08%
 
Females 16 years and over5,895 54.69%51.66%
In labor force3,290 30.52%29.72%
- Civilian labor force3,290 30.52%29.65%
- - Employed3,222 29.89%27.92%
 
Own children under 6 years1,040 9.65%10.05%
All parents in family in labor force562  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over6,744  128,279,228
Car, truck, or van -- drove alone5,396 80.01%75.7%
Car, truck, or van -- carpooled403 5.98%12.19%
Public transportation (including taxicab)494 7.33%4.73%
Walked133 1.97%2.93%
Other means25 0.37%1.19%
Worked at home293 4.34%3.26%
Mean travel time to work (minutes)28.3 0.42%25.5
 
Employed civilian population 16 years and over6,833  129,721,512
 
OCCUPATION
Management, professional, and related occupations3,514 51.43%33.65%
Service occupations676 9.89%14.86%
Sales and office occupations2,020 29.56%26.69%
Farming, fishing, and forestry occupations0  0.73%
Construction, extraction, and maintenance occupations271 3.97%9.45%
Production, transportation, and material moving occupations352 5.15%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining0  1.87%
Construction324 4.74%6.78%
Manufacturing587 8.59%14.1%
Wholesale trade267 3.91%3.6%
Retail trade649 9.5%11.73%
Transportation and warehousing, and utilities226 3.31%5.2%
Information460 6.73%3.08%
Finance, insurance, real estate, and rental and leasing764 11.18%6.89%
Professional, scientific, management, administrative, and waste management services953 13.95%9.3%
Educational, health and social services1,692 24.76%19.92%
Arts, entertainment, recreation, accommodation and food services363 5.31%7.87%
Other services (except public administration)292 4.27%4.87%
Public administration256 3.75%4.79%
 
CLASS OF WORKER
Private wage and salary workers5,192 75.98%78.47%
Government workers1,053 15.41%14.59%
Self-employed workers in own not incorporated business572 8.37%6.63%
Unpaid family workers16 0.23%0.31%
 Verona, New Jersey %, Verona, New Jersey United States
INCOME IN 1999
Households5,617  105,539,122
Less than $10,000247 4.4%9.54%
$10,000 to $14,999244 4.34%6.31%
$15,000 to $24,999422 7.51%12.83%
$25,000 to $34,999376 6.69%12.81%
$35,000 to $49,999628 11.18%16.53%
$50,000 to $74,999904 16.09%19.46%
$75,000 to $99,999739 13.16%10.23%
$100,000 to $149,9991,065 18.96%7.72%
$150,000 to $199,999468 8.33%2.2%
$200,000 or more524 9.33%2.37%
Median household income (dollars)74,619  41,994
With earnings4,327 40.14%39.12%
- Mean earnings (dollars)101,557  56,604
With Social Security income1,921 17.82%12.47%
- Mean Social Security income (dollars)13,972  11,320
With Supplemental Security Income98 0.91%2.13%
- Mean Supplemental Security Income (dollars)6,730  6,320
With public assistance income38 0.35%1.67%
- Mean public assistance income (dollars)4,124  3,032
With retirement income1,093 10.14%8.13%
- Mean retirement income (dollars)24,675  17,376
 
Families3,713  72,261,780
Less than $10,00021 0.57%5.75%
$10,000 to $14,99943 1.16%4.31%
$15,000 to $24,999183 4.93%10.74%
$25,000 to $34,999155 4.17%12.02%
$35,000 to $49,999298 8.03%17.13%
$50,000 to $74,999622 16.75%22.32%
$75,000 to $99,999591 15.92%12.47%
$100,000 to $149,999975 26.26%9.6%
$150,000 to $199,999380 10.23%2.75%
$200,000 or more445 11.98%2.92%
Median family income (dollars)97,673  50,046
 
Per capita income (dollars)41,202  21,587
Median earnings (dollars):
Male full-time, year-round workers60,434  37,057
Female full-time, year-round workers43,196  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families51  6,620,945
With related children under 18 years41 80.39%77.87%
- With related children under 5 years24 47.06%38.7%
 
Families with female householder, no husband present21  3,315,916
With related children under 18 years21 100.0%88.68%
- With related children under 5 years9 42.86%42.27%
 
Individuals441  33,899,812
18 years and over362 82.09%65.35%
- 65 years and over161 36.51%9.7%
Related children under 18 years79 17.91%33.59%
- Related children 5 to 17 years47 10.66%23.52%
Unrelated individuals 15 years and over262 59.41%31.63%
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The data is taken from www.census.gov reports.