Pequannock, NJ is a great place to live and work. The two bedroom rent is much higher than the US average at $2,130 compared to $1,430. The grocery cost index is also higher than the US average at 107 versus 100 in the US. There are many great local companies located in Pequannock that offer a variety of services such as Baumgart's Cafe, Green Valley Country Club, and Peddler's Village. Despite the higher cost of living associated with living in Pequannock, it offers an attractive lifestyle with plenty of amenities to make life enjoyable.
Pequannock has an unemployment rate of 6.2%. The US average is 6.0%.
Pequannock 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 Pequannock
- The Sales Tax Rate for Pequannock is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Pequannock 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 Pequannock
- The average income of a Pequannock resident is $44,396 a year. The US average is $28,555 a year.
- The Median household income of a Pequannock resident is $110,502 a year. The US average is $69,021 a year.