Fair Lawn, NJ is a wonderful place to live or visit. The cost of living in Fair Lawn is slightly higher than the rest of the United States – 2 bedroom rent is $2,210 compared to the US average of $1,430 and grocery cost index sites at 107 versus 100 in the US. It’s no surprise that it’s such a popular place as there are many great companies located here. Well-known businesses such as F&M Electric Supply Co., LLC, Miller & Milone PC, and A&A Asphalt Paving can be found in Fair Lawn. For those looking for a beautiful area full of activity and opportunity, Fair Lawn is an ideal choice.
Fair Lawn has an unemployment rate of 6.9%. The US average is 6.0%.
Fair Lawn 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 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Fair Lawn
- The Sales Tax Rate for Fair Lawn is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Fair Lawn 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 Fair Lawn
- The average income of a Fair Lawn resident is $41,400 a year. The US average is $28,555 a year.
- The Median household income of a Fair Lawn resident is $133,209 a year. The US average is $69,021 a year.