Old Tappan, NJ is a small town located in Bergen County. It has a population of roughly 5,247 as of 2018. The town is known for its high-quality education system and close proximity to New York City. 2 bedroom rent in Old Tappan is $2,400 compared to the national average of $1,430. Grocery Cost Index in Old Tappan is 109 versus 100 in the US.
Old Tappan provides plenty of opportunities for employment with popular companies such as Lamartina Bakery & Deli, B Gourmet Cheesecakes & Desserts Inc., and P&A Demolition & Excavation Inc. In terms of recreational activities, residents can enjoy anything from sports to cultural events in nearby cities like New York City and Hoboken or even within Old Tappan such as shopping at local stores or taking a dip into the swimming pool at the Town Pool Complex.
Old Tappan has an unemployment rate of 7.4%. The US average is 6.0%.
Old Tappan 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 Old Tappan
- The Sales Tax Rate for Old Tappan is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Old Tappan 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 Old Tappan
- The average income of a Old Tappan resident is $63,169 a year. The US average is $28,555 a year.
- The Median household income of a Old Tappan resident is $180,568 a year. The US average is $69,021 a year.