07003 Bloomfield, NJ is a great place to live for those seeking a suburban lifestyle close to urban amenities. The two bedroom rent of $1,750 per month is well below the US average of $1,430, making it an affordable choice. Additionally, the grocery cost index in 07003 is higher than the national average at 105 versus 100. This means residents can find a wide variety of fresh groceries and other items in this area. Furthermore, there are many local companies that offer various services to 07003 residents such as Bloomfield Car Care Center which provides quality auto repair services and Paragon Auto Body which provides collision repair services. Additionally, there are many restaurants and cafe's in 07003 that offer delicious cuisine from around the world including Honshu Japanese Restaurant and Cafe Tequilas Mexican Grill & Cantina. Finally, there are plenty of recreational activities available like shopping at Montclair Place or catching a movie at Bow Tie Bloomfield Cinemas 4. All these amenities make 07003 Bloomfield an attractive location for those looking for a suburban lifestyle close to urban amenities.
Bloomfield (zip 07003) has an unemployment rate of 7.9%. The US average is 6.0%.
Bloomfield (zip 07003) 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 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Bloomfield (zip 07003)
- The Sales Tax Rate for Bloomfield (zip 07003) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Bloomfield (zip 07003) 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 Bloomfield (zip 07003)
- The average income of a Bloomfield (zip 07003) resident is $33,302 a year. The US average is $28,555 a year.
- The Median household income of a Bloomfield (zip 07003) resident is $86,195 a year. The US average is $69,021 a year.