Moonachie, NJ is a great place to live. The cost of a two bedroom rental in the area is $1,550, which is slightly higher than the US 2 Bedroom Rent of $1,430. Additionally, the Grocery Cost Index in Moonachie is 106 versus 100 in the US, making it a little more expensive to buy groceries here as well. Despite these increased costs of living and renting, there are plenty of reasons why people love living here. There are many local companies that operate in Moonachie such as Hackensack Meridian Health Medical Group, Apex Logistics Inc., and KJHL Enterprises LLC. The variety of businesses creates job opportunities and brings economic stability to the city.
Moonachie has an unemployment rate of 7.4%. The US average is 6.0%.
Moonachie 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 Moonachie
- The Sales Tax Rate for Moonachie is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Moonachie 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 Moonachie
- The average income of a Moonachie resident is $30,837 a year. The US average is $28,555 a year.
- The Median household income of a Moonachie resident is $83,125 a year. The US average is $69,021 a year.