Allendale, NJ is a small borough located in Bergen County, in the northern part of the state. It is home to around 6,000 people and offers a variety of amenities for residents. The cost of living in this area is higher than the national average, with 2 bedroom rent costing around $2,340 compared to $1,430 nationally. Additionally, grocery costs are also higher here with an index rating of 110 versus 100 nationally. Allendale is known for its shopping options with stores like Staples and Big Lots located here. The local library is popular amongst residents and there are plenty of restaurants and cafes to explore as well as community parks to enjoy outdoor activities.
Allendale has an unemployment rate of 7.4%. The US average is 6.0%.
Allendale has seen the job market decrease by -0.5% 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 Allendale
- The Sales Tax Rate for Allendale is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Allendale 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 Allendale
- The average income of a Allendale resident is $57,190 a year. The US average is $28,555 a year.
- The Median household income of a Allendale resident is $165,599 a year. The US average is $69,021 a year.