Zip 07465 (Wanaque, NJ) Economy


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The town of Wanaque, NJ is an ideal location for people wanting to live close to the hustle and bustle of nearby cities. Located just 30 minutes from New York City, Wanaque provides a peaceful suburban atmosphere with all the amenities it has to offer. Popular local companies include The Gas Station at Crossroads Plaza, Metropolis Nails & Spa, and Marsa Food Truck. Rent for two-bedroom homes averages around $2,050 per month in Wanaque compared to $1,430 nationally. Additionally, living costs are slightly higher than the national average with grocery costs indexing around 105 compared to 100 in the US.

Wanaque (zip 07465) has an unemployment rate of 10.0%. The US average is 6.0%.

Wanaque (zip 07465) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Wanaque (zip 07465)
- The Sales Tax Rate for Wanaque (zip 07465) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Wanaque (zip 07465) 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 Wanaque (zip 07465)
- The average income of a Wanaque (zip 07465) resident is $53,432 a year. The US average is $37,638 a year.
- The Median household income of a Wanaque (zip 07465) resident is $111,653 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWanaque, New JerseyUnited States
  106
  -8.3%-6.2%
  21.7%33.5%
  6.6%6.2%
  5.5%4.6%
  $53,432$37,638
  $111,653$69,021
  $137,526$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.6%6.8%
  5.5%10.0%
  6.6%2.5%
  5.3%11.0%
  5.6%4.8%
  0.0%0.8%
  3.1%1.9%
  6.2%4.7%
  1.1%1.9%
  13.6%7.6%
  0.0%0.1%
  5.5%4.2%
  8.2%9.3%
  9.8%14.0%
  1.3%2.1%
  6.5%7.0%
  4.1%4.8%
  7.1%4.7%
Health