East Rocky Hill, NJ is an attractive place to live due to its close proximity to nearby cities and its low cost of living. The average two bedroom rent in East Rocky Hill is $2,330, significantly lower than the US average of $1,430. This makes it easier for residents to afford their housing costs. In addition, the Grocery Cost Index in East Rocky Hill is 115 versus 100 in the US which denotes that groceries are slightly cheaper than the national average.
The city offers a variety of amenities such as local restaurants like The Tavern on Main, Big Fish Grill and Caffe Aldo Lamberti, entertainment venues like AMC Marlton 8 cinemas and The Event Space at Springdale Farms as well as many retail stores including Walmart, Target and TJ Maxx. With so much to offer and a relatively low cost of living residents may find this city pleasantly surprising when searching for a new home.
East Rocky Hill has an unemployment rate of 6.3%. The US average is 6.0%.
East Rocky Hill 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 East Rocky Hill
- The Sales Tax Rate for East Rocky Hill is 6.6%. The US average is 7.3%.
- The Income Tax Rate for East Rocky Hill 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 East Rocky Hill
- The average income of a East Rocky Hill resident is $50,001 a year. The US average is $28,555 a year.
- The Median household income of a East Rocky Hill resident is $250,001 a year. The US average is $69,021 a year.