Piscataway, NJ Economy


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Piscataway, NJ is a vibrant and diverse community located in central New Jersey. With its bustling business districts and easy access to major cities like New York City and Philadelphia, it's an ideal place to live. The average 2 Bedroom rent in Piscataway is $1,970 which is higher than the US average of $1430. One of the main attractions here is the affordability of groceries with its Grocery Cost Index being 105 versus 100 in the US. Some local companies that are based in Piscataway include Johnson & Johnson Health Care Systems, Rutgers University, and New Jersey Institute of Technology.
The town also offers many amenities such as parks for leisure activities, shopping malls, golf courses and other recreational facilities. It also boasts some excellent restaurants ranging from classic American fare to international cuisine. Additionally, there are plenty of entertainment options including movie theatres and museums that makes Piscataway an exciting place to live and visit.

Piscataway has an unemployment rate of 6.8%. The US average is 6.0%.

Piscataway 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 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Piscataway
- The Sales Tax Rate for Piscataway is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Piscataway 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 Piscataway
- The average income of a Piscataway resident is $31,942 a year. The US average is $28,555 a year.
- The Median household income of a Piscataway resident is $112,852 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPiscataway, New JerseyUnited States
  6.86
  -6.7%-6.2%
  26.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $37,459$37,638
  $112,852$69,021
  $125,705$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.1%6.8%
  12.3%10.0%
  2.9%2.5%
  12.0%11.0%
  5.7%4.8%
  0.3%0.8%
  2.4%1.9%
  6.4%4.7%
  0.7%1.9%
  13.3%7.6%
  0.0%0.1%
  3.6%4.2%
  11.5%9.3%
  14.1%14.0%
  0.7%2.1%
  3.3%7.0%
  3.9%4.8%
  2.6%4.7%
Reviews for Piscataway
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Over 8 years ago

While Piscataway does boast many nice aspects, the people that work for the township are not one of them. They have no interest in working with the residents of  More

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Over 8 years ago

Piscataway is an OK town to live in. The schools are above average, and the majority of people are friendly. It is centrally located near major highways, and getting  More

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Over 10 years ago

A very nice suburban town with great schools shopping and easy access to medical  More

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