08869 Raritan, NJ is a great place to live for those interested in living in between New Brunswick and Somerville. With a 2 bedroom rent of $2,070 per month, it is more expensive in comparison to the US average of $1,430 per month. In addition to higher rental costs, the Grocery Cost Index in Raritan is 105 compared to 100 in the US.
Raritan offers plenty of businesses and attractions for residents. Some local companies include Hunterdon Diesel & Marine Services Inc., Family Pizza & Restaurant II, and Fisher Auto Parts Inc. Residents can also enjoy outdoor activities at Duke Island Park which includes a lake with fishing spots plus picnic areas and hiking trails. For shopping or entertainment needs, Rutgers Plaza or Bridgewater Commons are nearby options with plenty of shops and restaurants available.
Raritan (zip 08869) has an unemployment rate of 6.3%. The US average is 6.0%.
Raritan (zip 08869) 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 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Raritan (zip 08869)
- The Sales Tax Rate for Raritan (zip 08869) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Raritan (zip 08869) 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 Raritan (zip 08869)
- The average income of a Raritan (zip 08869) resident is $35,632 a year. The US average is $28,555 a year.
- The Median household income of a Raritan (zip 08869) resident is $90,125 a year. The US average is $69,021 a year.