Belvidere, NJ is a great place to live with plenty of amenities and attractions. Renting a two bedroom apartment in Belvidere is slightly cheaper than the US average, at $1,230 versus $1,430. Additionally, the grocery cost index in Belvidere is 4% higher than the national average at 104. There are many local businesses and attractions to explore in Belvidere such as Fox Hill Farm for organic produce and Pleasant Valley Farm for fresh baked goods. The Belvidere Historical Society provides residents with insight into the town's history and hosts events throughout the year. There are also local recreational activities such as fishing, boating, and mini-golfing at Magic Castle Fantasy Golf. With its lower cost of living and ample resources, Belvidere is truly an ideal place to call home.
Belvidere has an unemployment rate of 7.0%. The US average is 6.0%.
Belvidere has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Belvidere
- The Sales Tax Rate for Belvidere is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Belvidere 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 Belvidere
- The average income of a Belvidere resident is $30,404 a year. The US average is $28,555 a year.
- The Median household income of a Belvidere resident is $88,791 a year. The US average is $69,021 a year.