Orange, NJ 07050 is a vibrant city located in Essex County. The 2 Bedroom rent in Orange is slightly higher than the average US rent coming in at $1,540 compared to $1,430 across the country. Despite the slightly higher rental costs, groceries are actually cheaper in Orange with an index of 103 versus 100 in the US on average. The city offers a variety of restaurants, shops and attractions such as Washington Park and Riverfront Park. Local companies here include Royal’s Discount Liquor store, Chocolate Works candy shop and TAPinto Orange Media Group.
Orange (zip 07050) has an unemployment rate of 12.4%. The US average is 6.0%.
Orange (zip 07050) 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 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Orange (zip 07050)
- The Sales Tax Rate for Orange (zip 07050) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Orange (zip 07050) 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 Orange (zip 07050)
- The average income of a Orange (zip 07050) resident is $18,597 a year. The US average is $28,555 a year.
- The Median household income of a Orange (zip 07050) resident is $48,504 a year. The US average is $69,021 a year.