Zip 07921 (Bedminster, NJ) Economy


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Bedminster, NJ (07921) is a great place to live. With an average two bedroom rent of $2,620 per month, it is more expensive than the national average of $1,430. The Grocery Cost Index in this area is 105 versus 100 in the US. Despite being on the higher side of expenses, Bedminster offers a variety of local businesses to enjoy. For example, there’s the historic Pluckemin Inn which offers catering and events services for locals and visitors alike. You can also find Brookside Pizza & Pasta with its homemade Italian cuisine or Complements Eyewear providing eye-care services to residents. For those who prefer outdoor activities nearby there are multiple golf courses as well as Washington Valley Park for picnicking and hiking trails. Bedminster truly has something for everyone!

Bedminster (zip 07921) has an unemployment rate of 6.3%. The US average is 6.0%.

Bedminster (zip 07921) 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 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Bedminster (zip 07921)
- The Sales Tax Rate for Bedminster (zip 07921) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Bedminster (zip 07921) 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 Bedminster (zip 07921)
- The average income of a Bedminster (zip 07921) resident is $68,496 a year. The US average is $28,555 a year.
- The Median household income of a Bedminster (zip 07921) resident is $118,382 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBedminster, New JerseyUnited States
  6.36
  -7.3%-6.2%
  23.7%33.5%
  6.6%6.2%
  5.5%4.6%
  $79,687$37,638
  $118,382$69,021
  $167,228$85,028
  Population by Occupation
  0.0%1.2%
  0.5%0.5%
  4.0%6.8%
  15.4%10.0%
  3.0%2.5%
  12.5%11.0%
  1.4%4.8%
  0.0%0.8%
  6.2%1.9%
  13.6%4.7%
  1.0%1.9%
  11.9%7.6%
  0.0%0.1%
  2.5%4.2%
  9.1%9.3%
  7.9%14.0%
  0.5%2.1%
  2.6%7.0%
  5.4%4.8%
  2.7%4.7%
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