Zip 07072 (Carlstadt, NJ) Economy


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07072 Carlstadt, NJ is a vibrant town located in Bergen County. With easy access to Manhattan and other parts of the state, it has become an attractive place for people looking for better housing options than what is available closer to the city. The 2 bedroom rent in this area is slightly higher than the national average at $1,770 but grocery costs are relatively lower with an index of 106 vs 100 in the US.
The town offers many amenities ranging from quality education to entertainment and leisure activities. There are many local businesses such as Marra's Pharmacy, Iacono Electric Co., and Imperial Bag & Paper Co., which provide quality products and services. Educational opportunities include School #6 Elementary School, Wood-Ridge High School, St. Joseph Regional High School, and Fairleigh Dickinson University’s Florham Campus located nearby in Madison.
Residents of 07072 Carlstadt can also enjoy local parks and recreation spots like Eastern Park or take a walk along the Hackensack Riverwalk with beautiful waterfront views. Additionally, there are plenty of family friendly attractions like MetLife Stadium where you can catch a game or Meadowlands Racetrack if you want to try your luck at gambling. All these things make 07072 Carlstadt a great place to live!

Carlstadt (zip 07072) has an unemployment rate of 7.4%. The US average is 6.0%.

Carlstadt (zip 07072) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.

Tax Rates for Carlstadt (zip 07072)
- The Sales Tax Rate for Carlstadt (zip 07072) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Carlstadt (zip 07072) 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 Carlstadt (zip 07072)
- The average income of a Carlstadt (zip 07072) resident is $33,534 a year. The US average is $28,555 a year.
- The Median household income of a Carlstadt (zip 07072) resident is $108,479 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarlstadt, New JerseyUnited States
  7.46
  -8.2%-6.2%
  25.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $45,324$37,638
  $108,479$69,021
  $128,257$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.6%6.8%
  8.8%10.0%
  7.6%2.5%
  12.7%11.0%
  6.7%4.8%
  7.8%0.8%
  4.7%1.9%
  2.2%4.7%
  0.0%1.9%
  5.5%7.6%
  0.0%0.1%
  4.4%4.2%
  13.6%9.3%
  3.6%14.0%
  2.1%2.1%
  8.3%7.0%
  4.5%4.8%
  1.8%4.7%
Health