Upper Montclair, NJ is a desirable place to live. Located in 07043 zip code, this area offers reasonably priced 2 bedroom rental prices of $2,470. Grocery costs are higher than the US average index of 100, with an index rating of 112. It is also home to many large companies like Montclair State University and PSE&G energy. Additionally, there are numerous local businesses that provide a range of services from retail to medical care. Upper Montclair, NJ has something for everyone and is a great place to call home.
Upper Montclair (zip 07043) has an unemployment rate of 9.6%. The US average is 6.0%.
Upper Montclair (zip 07043) 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 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Upper Montclair (zip 07043)
- The Sales Tax Rate for Upper Montclair (zip 07043) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Upper Montclair (zip 07043) 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 Upper Montclair (zip 07043)
- The average income of a Upper Montclair (zip 07043) resident is $73,647 a year. The US average is $28,555 a year.
- The Median household income of a Upper Montclair (zip 07043) resident is $225,263 a year. The US average is $69,021 a year.