Cresskill, NJ is a great place to live with many local businesses. It is known for its low cost of living in comparison to the US average. The median 2 bedroom rent in Cresskill is only $2,730, which is much lower than the $1,430 US average. Additionally, the Grocery Cost Index in Cresskill is 110 versus 100 in the US, making grocery shopping more expensive. Popular businesses located in Cresskill include Polly’s Pies Restaurant & Bakery, The Oradell Diner and Grill, and Mango Thai Cuisine. With an affordable cost of living and plenty of local business options, Cresskill is a great place to call home.
Cresskill has an unemployment rate of 7.4%. The US average is 6.0%.
Cresskill 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 Cresskill
- The Sales Tax Rate for Cresskill is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Cresskill 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 Cresskill
- The average income of a Cresskill resident is $56,980 a year. The US average is $28,555 a year.
- The Median household income of a Cresskill resident is $155,515 a year. The US average is $69,021 a year.