07034 Lake Hiawatha, NJ is a township located in Morris County, New Jersey and offers a variety of amenities to its residents. The 2 Bedroom Rent for this area is $1,470 which is slightly higher than the US average of $1,430. Additionally, the Grocery Cost Index in this area is 105 versus 100 in the US. Local amenities include many retail stores such as Target, Walmart, BJs Wholesale Club and Bed Bath & Beyond. There are also local businesses such as J&D's Auto Repair Center and Moonlite Market for grocery needs. Several gyms such as Planet Fitness are also available in the vicinity. Residents have plenty of recreational options with parks like Brady Park located nearby.
Lake Hiawatha (zip 07034) has an unemployment rate of 5.9%. The US average is 6.0%.
Lake Hiawatha (zip 07034) 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 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Lake Hiawatha (zip 07034)
- The Sales Tax Rate for Lake Hiawatha (zip 07034) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Lake Hiawatha (zip 07034) 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 Lake Hiawatha (zip 07034)
- The average income of a Lake Hiawatha (zip 07034) resident is $33,181 a year. The US average is $28,555 a year.
- The Median household income of a Lake Hiawatha (zip 07034) resident is $85,757 a year. The US average is $69,021 a year.