Zip 07440 (Pequannock, NJ) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Pequannock, NJ (07440) is an ideal place for those seeking a peaceful suburban neighborhood to call home. The average two bedroom rent in Pequannock is $1,840, higher than the US average of $1,430. Grocery costs in this area are also slightly higher than the national average at 106 on a cost index of 100. This town is great for residents seeking convenience and community with several local businesses nearby. Some popular choices include B & D Deli & Catering, ShopRite Supermarket, and Rinaldi's Pizza Café. Pequannock is also known as a great place to start or relocate a business thanks to its excellent infrastructure and low taxes. With so much to offer, it's no wonder why people choose Pequannock as their home!

Pequannock (zip 07440) has an unemployment rate of 6.2%. The US average is 6.0%.

Pequannock (zip 07440) 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 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Pequannock (zip 07440)
- The Sales Tax Rate for Pequannock (zip 07440) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Pequannock (zip 07440) 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 Pequannock (zip 07440)
- The average income of a Pequannock (zip 07440) resident is $40,920 a year. The US average is $28,555 a year.
- The Median household income of a Pequannock (zip 07440) resident is $155,497 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPequannock, New JerseyUnited States
  6.26
  -7.3%-6.2%
  23.5%33.5%
  6.6%6.2%
  5.5%4.6%
  $52,033$37,638
  $155,497$69,021
  $172,941$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.3%6.8%
  9.3%10.0%
  1.6%2.5%
  6.0%11.0%
  10.4%4.8%
  2.3%0.8%
  2.8%1.9%
  4.8%4.7%
  0.3%1.9%
  10.1%7.6%
  0.0%0.1%
  5.3%4.2%
  12.2%9.3%
  17.7%14.0%
  1.1%2.1%
  4.5%7.0%
  4.4%4.8%
  1.7%4.7%
Health