Metuchen, NJ is an appealing town to live in due to its nearness to New York City and the affordability of rent. The 2 bedroom rent in Metuchen is only $2,120 compared to the US average of $1,430. It also has an above-average grocery cost index at 106 compared to 100 for the entire country. Metuchen is home to several successful companies including Applebee’s, Walmart, and Verizon Wireless. With its convenient location and lower living costs, Metuchen is a desirable place to call home.
Metuchen has an unemployment rate of 6.9%. The US average is 6.0%.
Metuchen 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 Metuchen
- The Sales Tax Rate for Metuchen is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Metuchen 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 Metuchen
- The average income of a Metuchen resident is $50,687 a year. The US average is $28,555 a year.
- The Median household income of a Metuchen resident is $141,915 a year. The US average is $69,021 a year.