Rahway, NJ Economy


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Rahway, NJ is a vibrant city with an array of attractions and amenities. It offers a cost of living that is slightly higher than the US overall, as evidenced by its two-bedroom rental rate of $1,680 - $250 more than the national average. Grocery costs are also slightly higher at 104 compared to 100 nationwide. In terms of local businesses, Rahway is home to companies like F&F Printing and The Empire Company. Overall, Rahway is a great place for people to live in New Jersey with plenty of job opportunities and attractions to keep you entertained.

Rahway has an unemployment rate of 8.2%. The US average is 6.0%.

Rahway has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Rahway
- The Sales Tax Rate for Rahway is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Rahway 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 Rahway
- The average income of a Rahway resident is $28,994 a year. The US average is $28,555 a year.
- The Median household income of a Rahway resident is $81,368 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRahway, New JerseyUnited States
  8.26
  -7.3%-6.2%
  21.7%33.5%
  6.6%6.2%
  5.5%4.6%
  $40,681$37,638
  $81,368$69,021
  $100,938$85,028
  Population by Occupation
  0.0%1.2%
  0.1%0.5%
  4.4%6.8%
  10.3%10.0%
  3.7%2.5%
  12.2%11.0%
  8.1%4.8%
  0.9%0.8%
  2.3%1.9%
  7.1%4.7%
  2.2%1.9%
  8.8%7.6%
  0.4%0.1%
  2.5%4.2%
  10.2%9.3%
  10.5%14.0%
  2.4%2.1%
  4.0%7.0%
  3.8%4.8%
  6.1%4.7%
Reviews for Rahway
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Over 14 years ago

easy access to the city via 2 nj transit train  More

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Over 15 years ago

I have lived here for five years and commuted into NYC at least once a week. Rahway is a good town for young professionals who work in NYC. There are two train lines  More

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