Concordia, NJ is a quite residential area located in the heart of New Jersey. The two bedroom rent in Concordia is $1,640 which is higher than average across the US with the 2 Bedroom rent at $1,430. Grocery Cost Index in Concordia is also higher than 100 compared to the US Average of 100. Some major companies who have their headquarters or operational hubs are TD Bank, Prudential Financial and Lockheed Martin. This makes it an attractive place for people looking to work near their homes as well as providing robust and competitive job opportunities.
Concordia has an unemployment rate of 6.9%. The US average is 6.0%.
Concordia has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Concordia
- The Sales Tax Rate for Concordia is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Concordia 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 Concordia
- The average income of a Concordia resident is $40,360 a year. The US average is $28,555 a year.
- The Median household income of a Concordia resident is $49,244 a year. The US average is $69,021 a year.