Zip 07203 (Roselle, NJ) Economy


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The small city of Roselle, NJ (07203) is a great place to live. The median 2 bedroom rent in the area is $1,420, which is slightly lower than the national average of $1,430. It also offers a range of amenities and attractions that make it an ideal location for families or those looking for a great place to work and relax. Local companies like PSE&G, ShopRite Supermarkets, and Team Tardi Construction are located in the area while attractions such as Kean University and Elizabethtown Plaza Shopping Center offer entertainment options for residents. Additionally, the Grocery Cost Index in Roselle is 103 versus 100 in the US making it an affordable place to call home.

Roselle (zip 07203) has an unemployment rate of 8.0%. The US average is 6.0%.

Roselle (zip 07203) 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 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Roselle (zip 07203)
- The Sales Tax Rate for Roselle (zip 07203) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Roselle (zip 07203) 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 Roselle (zip 07203)
- The average income of a Roselle (zip 07203) resident is $23,215 a year. The US average is $28,555 a year.
- The Median household income of a Roselle (zip 07203) resident is $68,369 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRoselle, New JerseyUnited States
  86
  -7.3%-6.2%
  22.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $31,523$37,638
  $68,369$69,021
  $76,189$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.3%6.8%
  6.3%10.0%
  1.8%2.5%
  14.2%11.0%
  15.1%4.8%
  0.8%0.8%
  1.8%1.9%
  4.1%4.7%
  1.2%1.9%
  3.1%7.6%
  0.2%0.1%
  3.4%4.2%
  10.6%9.3%
  16.0%14.0%
  0.9%2.1%
  6.1%7.0%
  4.5%4.8%
  5.6%4.7%
Health