Mine Hill, NJ is a small town located in Morris County. With a population of about 4,000 people, it is known to be a peaceful and welcoming community. The average 2 bedroom rent in Mine Hill is $1,950 compared to the US average of $1,430. This indicates that Mine Hill housing may be slightly pricier than other areas. The Grocery Cost Index for Mine Hill was 104 versus 100 in the US. The cost of living overall in Mine Hill may therefore be slightly higher than other places.
The area has an array of local businesses such as the Mine Hill Day Care Center, the ShopRite supermarket on Route 46, and Bloomfield Hardware & Paint Center on Broadway. There are also numerous restaurants such as La Comida Mexican Grille and KFC located near Main Street. Visitors come from all around to explore what Mine Hill has to offer!
Mine Hill has an unemployment rate of 6.2%. The US average is 6.0%.
Mine 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 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Mine Hill
- The Sales Tax Rate for Mine Hill is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mine 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 Mine Hill
- The average income of a Mine Hill resident is $35,202 a year. The US average is $28,555 a year.
- The Median household income of a Mine Hill resident is $100,327 a year. The US average is $69,021 a year.