Hillside, NJ Economy


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Hillside, New Jersey is a great place to live with many diverse businesses and activities. It has a thriving economy, with many small businesses that provide job opportunities and services to the local community. The cost of living in Hillside is slightly higher than the US average, with a two-bedroom rent of $1,690 compared to $1,430 nationally. Grocery costs are also higher in Hillside, at an index of 104 versus 100 in the US. Local companies include shopping destinations such as Dan's Supermarket and Island Plaza Shopping Center. There are also dining options such as Red Robin Gourmet Burgers and Jala Mexican Restaurant. With its growing economy and desirable lifestyle, it's no surprise that Hillside is such a popular destination for people looking to relocate.

Hillside has an unemployment rate of 8.0%. The US average is 6.0%.

Hillside 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 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Hillside
- The Sales Tax Rate for Hillside is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hillside 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 Hillside
- The average income of a Hillside resident is $26,496 a year. The US average is $28,555 a year.
- The Median household income of a Hillside resident is $82,850 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHillside, New JerseyUnited States
  86
  -7.3%-6.2%
  22.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $36,322$37,638
  $82,850$69,021
  $95,128$85,028
  Population by Occupation
  0.5%1.2%
  0.4%0.5%
  4.4%6.8%
  6.6%10.0%
  2.7%2.5%
  10.2%11.0%
  12.3%4.8%
  0.6%0.8%
  1.9%1.9%
  3.8%4.7%
  1.1%1.9%
  5.0%7.6%
  0.2%0.1%
  4.5%4.2%
  9.5%9.3%
  17.6%14.0%
  1.3%2.1%
  7.3%7.0%
  6.2%4.8%
  3.9%4.7%
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