Stanhope, NJ's Data
About Stanhope, NJ's
Stanhope is a small borough located in Sussex County, New Jersey, United States. Incorporated as a borough by an act of the New Jersey Legislature on March 24, 1904, from portions of Byram Township, Stanhope is rich in history and originally served as a hub for iron mining and the Morris Canal during the 19th century. The borough is nestled in the scenic Skylands Region, offering a blend of historical charm and natural beauty.
City: Stanhope
State: New Jersey
Country: United States
Population: Approximately 3,600 as of the latest estimates.
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Stanhope, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Stanhope, NJ
Lake Musconetcong - A popular spot for fishing, boating, and enjoying waterfront views.
Musconetcong State Park - Offers hiking trails, picnicking areas, and beautiful natural landscapes.
Stanhope House - A historic venue known for live music and cultural events.
Waterloo Village - A restored 19th-century canal town providing a glimpse into early American industrial life.
Lenape Valley Regional High School Performing Arts Center - Hosts various cultural and entertainment events.
The Economy of Stanhope, NJ
Stanhope's economy today is primarily driven by local businesses and services that cater to the needs of its residents and the surrounding communities. The borough's economic landscape includes small retail businesses, dining establishments, and healthcare services. The proximity to larger towns and cities allows residents to commute to broader employment opportunities in the region.
Stanhope, NJ Inflation
Understanding the BLS and Inflation in Stanhope, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Stanhope, NJ. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Stanhope, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Stanhope, NJ using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Stanhope, NJ when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Stanhope, NJ
No results found. Please try another search.
Brought to you by
