Zip 07205 (Hillside, NJ) Economy


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Hillside, NJ is located within 07205 and provides its residents with a variety of living options. The average rent for a two bedroom apartment in Hillside is $1,680 which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Hillside is 104 which is 4 points higher than the US index of 100. Hillside has plenty to offer its residents including local companies such as K's Deli and Grill, All Seasons Subs & Deli, and L & G Jamaican Restaurant as well as amenities such as nearby parks like Franklin D Roosevelt Park and Frank J Montague Park.

Hillside (zip 07205) has an unemployment rate of 8.0%. The US average is 6.0%.

Hillside (zip 07205) 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 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Hillside (zip 07205)
- The Sales Tax Rate for Hillside (zip 07205) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hillside (zip 07205) 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 Hillside (zip 07205)
- The average income of a Hillside (zip 07205) resident is $26,496 a year. The US average is $28,555 a year.
- The Median household income of a Hillside (zip 07205) resident is $82,850 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHillside, New JerseyUnited States
  86
  -7.3%-6.2%
  22.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $36,322$37,638
  $82,850$69,021
  $95,128$85,028
  Population by Occupation
  0.5%1.2%
  0.4%0.5%
  4.4%6.8%
  6.6%10.0%
  2.7%2.5%
  10.2%11.0%
  12.3%4.8%
  0.6%0.8%
  1.9%1.9%
  3.8%4.7%
  1.1%1.9%
  5.0%7.6%
  0.2%0.1%
  4.5%4.2%
  9.5%9.3%
  17.6%14.0%
  1.3%2.1%
  7.3%7.0%
  6.2%4.8%
  3.9%4.7%
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