Bernardsville, NJ is an affluent community located in Somerset County. It is a great place for those looking to enjoy life within a vibrant and close-knit community. Although it has a higher cost of living than the US in terms of 2 bedroom rent ($2,240 compared to $1,430) and grocery cost index (110 versus 100), its flourishing local businesses make it well worth the extra expense. Some of the most prominent local companies include Bernardsville Pharmacy & Home Care, Bernardsville Diner & Restaurant, and L&L Design Group. All three offer excellent service and products that cater to the needs of residents and visitors alike.
Bernardsville has an unemployment rate of 6.3%. The US average is 6.0%.
Bernardsville 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 Bernardsville
- The Sales Tax Rate for Bernardsville is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Bernardsville 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 Bernardsville
- The average income of a Bernardsville resident is $71,183 a year. The US average is $28,555 a year.
- The Median household income of a Bernardsville resident is $200,375 a year. The US average is $69,021 a year.