Zip 08840 (Metuchen, NJ) Economy


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Metuchen, New Jersey is a small borough located in Middlesex County. It has an estimated population of 13,578 people according to the 2010 census. Despite its size, Metuchen offers a wide range of amenities and attractions to its residents. The average 2 bedroom rent in Metuchen is $2,160 whereas the US average is only $1,430. Furthermore, Metuchen's grocery cost index stands at 106 compared to the US index of 100 making it slightly more expensive than the average.
Various companies based in or around Metuchen include L'Oréal USA Inc., Aldenville Energy LLC, and Liberty Home Care Services LLC. In addition, there are many notable restaurants located in Metuchen such as The Cheese Cave Café & Italian Deli and Shanti Cuisine of India that offer delicious and diverse cuisines from around the world. With its local businesses and attractions within easy reach, Metuchen provides an idyllic living experience for its residents.

Metuchen (zip 08840) has an unemployment rate of 6.9%. The US average is 6.0%.

Metuchen (zip 08840) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.

Tax Rates for Metuchen (zip 08840)
- The Sales Tax Rate for Metuchen (zip 08840) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Metuchen (zip 08840) 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 Metuchen (zip 08840)
- The average income of a Metuchen (zip 08840) resident is $47,914 a year. The US average is $28,555 a year.
- The Median household income of a Metuchen (zip 08840) resident is $137,399 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMetuchen, New JerseyUnited States
  6.96
  -6.7%-6.2%
  27.2%33.5%
  6.6%6.2%
  5.5%4.6%
  $58,038$37,638
  $137,399$69,021
  $159,732$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  2.5%6.8%
  6.7%10.0%
  2.8%2.5%
  7.9%11.0%
  4.0%4.8%
  0.5%0.8%
  4.3%1.9%
  7.1%4.7%
  1.7%1.9%
  16.5%7.6%
  0.1%0.1%
  2.9%4.2%
  18.3%9.3%
  11.4%14.0%
  1.6%2.1%
  4.5%7.0%
  3.3%4.8%
  3.8%4.7%
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