East Rutherford, NJ is a vibrant city with plenty to offer its residents. Big-name companies such as MetLife Stadium, Quest Diagnostics, and Amazon have outposts in the city, providing employment opportunities for many locals. The cost of living in East Rutherford is slightly higher than the US average; specifically, 2 bedroom rent is $1,970 compared to the US average of $1,430 and groceries are 6% more expensive than the national index. Despite this, the city offers a good balance between affordability and quality of life that make it an attractive option for potential residents.
East Rutherford has an unemployment rate of 7.4%. The US average is 6.0%.
East Rutherford 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 25.3%, which is lower than the US average of 33.5%.
Tax Rates for East Rutherford
- The Sales Tax Rate for East Rutherford is 6.6%. The US average is 7.3%.
- The Income Tax Rate for East Rutherford 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 Rutherford
- The average income of a East Rutherford resident is $38,050 a year. The US average is $28,555 a year.
- The Median household income of a East Rutherford resident is $86,592 a year. The US average is $69,021 a year.