Oradell, NJ Economy


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Oradell, NJ is a quaint suburban town located in Northern New Jersey. It is known for its family-friendly atmosphere and excellent school system. The two bedroom rent for Oradell is higher than the national average by $720, and the Grocery Cost Index is also higher than the national average by 9 points. For those who are looking to live in a safe community that offers access to plenty of nearby attractions, Oradell makes a great choice. Popular attractions include Oradell Reservoir, Herring Brook Park, and Alfred H. Baumann Free Public Library. There is also no shortage of local businesses in town for shopping or entertainment, including Butch’s Pizza House and Cedar Lane Cinemas.

Oradell has an unemployment rate of 7.4%. The US average is 6.0%.

Oradell 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 Oradell
- The Sales Tax Rate for Oradell is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Oradell 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 Oradell
- The average income of a Oradell resident is $59,760 a year. The US average is $28,555 a year.
- The Median household income of a Oradell resident is $174,643 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOradell, New JerseyUnited States
  7.46
  -8.2%-6.2%
  25.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $68,638$37,638
  $174,643$69,021
  $200,956$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  6.8%6.8%
  4.1%10.0%
  3.1%2.5%
  8.4%11.0%
  3.4%4.8%
  0.9%0.8%
  6.4%1.9%
  11.1%4.7%
  2.7%1.9%
  15.1%7.6%
  0.0%0.1%
  1.3%4.2%
  13.6%9.3%
  12.6%14.0%
  2.5%2.1%
  2.5%7.0%
  2.3%4.8%
  2.9%4.7%
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