07079 South Orange, NJ is a great place to live and work. Known for its vibrant downtown, the area boasts plenty of local businesses, restaurants, cafes, and stores. Local companies include Seton Hall University, Avanti Business Solutions LLC, Community Access Unlimited Inc., Express Learning Solutions LLC, and The Connection Inc. The two bedroom rent in this area is $2270 per month which is higher than the national average of $1430. Additionally the Grocery Cost Index in 07079 is 110 compared to the national index of 100 indicating that grocery items may be more expensive here than they are nationally.
South Orange (zip 07079) has an unemployment rate of 9.6%. The US average is 6.0%.
South Orange (zip 07079) 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 South Orange (zip 07079)
- The Sales Tax Rate for South Orange (zip 07079) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for South Orange (zip 07079) 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 South Orange (zip 07079)
- The average income of a South Orange (zip 07079) resident is $51,873 a year. The US average is $28,555 a year.
- The Median household income of a South Orange (zip 07079) resident is $158,333 a year. The US average is $69,021 a year.