North Arlington, NJ is a great place to live and work. It is located near many major cities in the northern part of New Jersey and offers easy access to public transportation, shopping, entertainment, and more. The 2 bedroom rent in North Arlington is $1,770 compared to the general US rent cost of $1,430. This higher rate reflects the high demand for rental units as well as the desire for quality living spaces in this area. In terms of groceries, North Arlington's Grocery Cost Index is 106 versus 100 in the US, indicating that grocery prices are slightly higher than average but still quite affordable.
The town features multiple companies such as Shoprite supermarkets, TD Bank branches and corporate offices like PepsiCo. Other larger employers are Hackensack Meridian Health Medical Center and St Joseph’s Regional Medical Center. All these contribute to providing employment opportunities to the local residents while also offering goods and services at reasonable prices.
Overall, North Arlington offers an excellent quality of life with its various social amenities as well as a good cost of living. With its close proximity to nearby metropolitian areas and its vibrant town center with numerous businesses it is no surprise that North Arlington has become a popular choice for potential renters looking for their perfect home.
North Arlington has an unemployment rate of 7.4%. The US average is 6.0%.
North Arlington 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 North Arlington
- The Sales Tax Rate for North Arlington is 6.6%. The US average is 7.3%.
- The Income Tax Rate for North Arlington 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 North Arlington
- The average income of a North Arlington resident is $34,216 a year. The US average is $28,555 a year.
- The Median household income of a North Arlington resident is $94,012 a year. The US average is $69,021 a year.