Hawthorne, NJ is a vibrant city located in northern New Jersey. It is home to many businesses such as The Home Depot, Target, and Walmart, giving it a robust economy. The city also has an abundance of entertainment options including restaurants, shops, theaters, museums, and more. The cost of living is slightly higher in Hawthorne than the national average; the average two bedroom rent is $1,870 compared to the US average of $1,430. Additionally, grocery costs are around 6% higher in Hawthorne than the national average. Despite being somewhat expensive to live in, Hawthorne remains an attractive option for those looking for quality lifestyle amenities and easy access to New York City and the rest of northern New Jersey.
Hawthorne has an unemployment rate of 10.0%. The US average is 6.0%.
Hawthorne 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 Hawthorne
- The Sales Tax Rate for Hawthorne is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hawthorne 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 Hawthorne
- The average income of a Hawthorne resident is $38,555 a year. The US average is $28,555 a year.
- The Median household income of a Hawthorne resident is $107,416 a year. The US average is $69,021 a year.