Riverdale, NJ is an attractive city for many looking to rent a home or visit for leisure. With a two bedroom rent of $2,430 per month in Riverdale compared to the US average of $1,430 per month, living in this small town comes at a premium. Grocery Cost Index in Riverdale is also above the national average with 105 versus 100 points respectively. Despite the higher costs associated with living here, there are plenty of attractions and businesses that make Riverdale worth considering. There are several local companies such as Valley National Bank and Blue Chip Farms that offer services specific to Riverdale residents. Additionally, there are popular attractions like Skylands Stadium that draw tourists from near and far. All these amenities make Riverdale unique compared to other cities nearby.
Riverdale has an unemployment rate of 6.2%. The US average is 6.0%.
Riverdale 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 Riverdale
- The Sales Tax Rate for Riverdale is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Riverdale 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 Riverdale
- The average income of a Riverdale resident is $48,870 a year. The US average is $28,555 a year.
- The Median household income of a Riverdale resident is $101,219 a year. The US average is $69,021 a year.