Wharton, NJ's Data
About Wharton, NJ's
Wharton is a borough located in Morris County, New Jersey, United States. Originally known as Port Oram, the borough was incorporated in 1895 from portions of Randolph Township and Rockaway Township. The name was changed to Wharton in 1902 in honor of Joseph Wharton, a prominent industrialist who founded the Wharton Steel Company. Wharton is part of the New York metropolitan area, offering a blend of suburban living with proximity to major urban centers.
City: Wharton
State: New Jersey
Country: United States
Population: 6,522
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 Wharton, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Wharton, NJ
Hugh Force Canal Park - A historic park featuring remnants of the Morris Canal and outdoor recreational activities.
Robert Street Park - A community park with facilities for sports, picnics, and a playground.
Morris Canal Museum - A museum detailing the history and impact of the Morris Canal on the region.
Wharton Music Center - Offers a variety of musical performances and educational programs.
Canal Day Music & Craft Festival - An annual event celebrating the local history and culture with music, crafts, and food.
The Economy of Wharton, NJ
Wharton's economy historically revolved around industry, particularly iron mining and the manufacturing of iron products, which were dominant in the 19th and early 20th centuries. Today, the local economy includes a mix of manufacturing, retail, and service industries. Small businesses and local shops contribute to the economic landscape, supported by the borough's strategic location near major highways and its accessibility to larger markets in the New York metropolitan area.
Wharton, NJ Inflation
Understanding the BLS and Inflation in Wharton, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Wharton, 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 Wharton, 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 Wharton, 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 Wharton, 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 Wharton, NJ
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