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Zip 07432 (Midland Park, NJ) Economy


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United States / / / Midland Park (zip 07432)
07432 Midland Park, NJ is an attractive town located in Bergen County. It offers its residents an array of amenities such as a variety of local businesses, supermarkets, and attractions. The average 2 bedroom rent in Midland Park is $2,150 which is significantly higher than the national average of $1,430. Grocery cost index in Midland Park is 107 versus 100 in the US.\nLocal companies in Midland Park range from small family owned brick-and-mortar stores to larger corporate businesses. Some popular local companies include Grand Floral Designers Inc., Barnacle Bill's Seafood Restaurant, and Paulus Hook Pizza & Grill. \nSupermarkets in Midland Park are plentiful and provide residents with a variety of options for groceries. Popular shops include Shop Rite Supermarkets, Fresh Grocer Supermarket, A&P Food Stores, and Kings Super Market Inc. \nFinally, there are several attractions in Midland Park for people to enjoy including Stoney's Wild West City theme park and nature preserve, Goffle Brook Park offering trails for walking and biking as well as picnic areas with BBQ grills, Van Saun County Park featuring a zoo and amusement park rides for families to enjoy together, and the recreational facility (Goffle Hill) which features basketball courts and tennis courts open to the public during certain hours of operation.

Midland Park (zip 07432) has an unemployment rate of 7.4%. The US average is 6.0%.

Midland Park (zip 07432) has seen the job market decrease by -8.2% 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 Midland Park (zip 07432)
- The Sales Tax Rate for Midland Park (zip 07432) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Midland Park (zip 07432) is 5.5%. The US average is 4.6%.
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Income and Salaries for Midland Park (zip 07432)
- The average income of a Midland Park (zip 07432) resident is $62,129 a year. The US average is $37,638 a year.
- The Median household income of a Midland Park (zip 07432) resident is $128,920 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMidland Park, New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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