Vernon Valley, NJ (07418) is a great location for anyone looking to rent a two bedroom apartment. The average rent for a two bedroom apartment in Vernon Valley is $1,510 - slightly higher than the US average of $1,430. This area is convenient for commuters due to its close proximity to major highways and public transport links. Local businesses such as Valhalla Crossfit and Vern-Mont Farm Market provide ample opportunities for shopping and recreation. There are also several parks nearby where residents can spend time outdoors. For those looking to save money on groceries, the grocery cost index in Vernon Valley is 103 compared to 100 in the US, meaning grocers may offer discounts or other incentives for shoppers in the area.
Vernon Valley (zip 07418) has an unemployment rate of 8.6%. The US average is 6.0%.
Vernon Valley (zip 07418) has seen the job market decrease by -0.8% 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 Vernon Valley (zip 07418)
- The Sales Tax Rate for Vernon Valley (zip 07418) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Vernon Valley (zip 07418) 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 Vernon Valley (zip 07418)
- The average income of a Vernon Valley (zip 07418) resident is $42,191 a year. The US average is $28,555 a year.
- The Median household income of a Vernon Valley (zip 07418) resident is $177,971 a year. The US average is $69,021 a year.