07028 Glen Ridge, New Jersey is a unique community that offers a high quality of life for its residents. This quaint town has plenty of local businesses to explore, including the popular Hillside Cafe and Glen Ridge Pharmacy. Home to many young professionals and families, 07028 Glen Ridge is an ideal place to live. The average two bedroom rent in 07028 Glen Ridge is $2,070 per month, which is significantly higher than the $1,430 U.S. national average. However, it’s important to note that the city also has a much higher Grocery Cost Index than the national average with an index value of 110 compared to 100 in the U.S., indicating that groceries may cost more in this area than elsewhere.
Glen Ridge (zip 07028) has an unemployment rate of 9.6%. The US average is 6.0%.
Glen Ridge (zip 07028) 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 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Glen Ridge (zip 07028)
- The Sales Tax Rate for Glen Ridge (zip 07028) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Glen Ridge (zip 07028) 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 Glen Ridge (zip 07028)
- The average income of a Glen Ridge (zip 07028) resident is $73,016 a year. The US average is $28,555 a year.
- The Median household income of a Glen Ridge (zip 07028) resident is $239,779 a year. The US average is $69,021 a year.